Update: Card is now live, you can read our review here.
Columbus, Ohio-based card services company Alliance Data recently announced that they had signed an agreement to purchase the existing The Children’s Place credit card portfolio. The deal is expected to close in Q4 of 2016. Details of the new card are currently unavailable, but Alliance Data states that they will deliver a tailored credit card program. We will do an additional post once we know more about the new card, if you have any insights to share please to do so in the comments.
They have taken over the Childrens Place card already. Went shopping there and they said they had changed companies.
This is huge! Time to hit it hard.
Alliance Data = Comenity, for those unaware.
I didn’t even know that, thanks.