PR - BankAtlantic Renews Credit Card Agreement with Barclaycard

Barclaycard US announced that BankAtlantic, one of the largest financial institutions headquartered in Florida, has extended its co-branded credit card agreement with Barclaycard. As part of the agent bank agreement, Barclaycard US will continue to provide BankAtlantic customers with a broad range of consumer, small business and student credit cards — branded under the BankAtlantic name. In addition, BankAtlantic checking account customers will be able to link an overdraft protection line to their BankAtlantic credit card.

"For the last three years, Barclaycard has done a tremendous job administering BankAtlantic’s branded consumer and small business credit card programs," said Nona Wilgus, Senior Vice President, BankAtlantic. "We are happy to extend our relationship with Barclaycard which will allow BankAtlantic to focus on building stronger customer relationships and providing great service for our other core banking products."

"BankAtlantic is one of a growing number of community, regional and online banks, credit unions, brokerages and other financial institutions that rely on Barclaycard as their partner of choice to administer and support their credit card offerings," said Paul Wilmore, Senior Director, Barclaycard US. "Credit cards are an important tool for financial institutions to create deeper, longer lasting relationships with customers. We are pleased that BankAtlantic has entrusted Barclaycard to provide services that play an important role in delivering on the BankAtlantic brand promise to its valuable clients."

BankAtlantic has about $6 billion in assets and more than 100 stores. Headquartered in Wilmington, Del., Barclaycard US maintains more than 60 card partnerships with some of the country’s most successful travel, entertainment, financial and retail institutions including US Airways, Lufthansa, Barnes & Noble, Best Western, BJ’s Wholesale Club, Travelocity and Carnival Cruise Lines.