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TD Bank becomes official credit card issuer for Nordstrom

2015-05-27 22:34:03| Apparel - Topix.net

TD Bank Group has agreed to acquire upscale fashion retailer Nordstrom's existing U.S. Visa and private label consumer credit card portfolio, which currently totals approximately $2.2 billion in receivables. In addition, the two companies have reached a separate long-term agreement under which TD will become the exclusive U.S. issuer of Nordstrom-branded Visa and private label consumer credit cards to Nordstrom customers.

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Category:Consumer Goods and Services

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