U.S. Bank To Issue New BMW Credit Cards

U.S. Bank has partnered with BMW to offer BMW branded credit cards, as part of the deal U.S. Bank will also be acquiring the existing credit card portfolio from BMW Bank of North America. The new cards won’t officially launch until January 2020, but existing cardholders will be able to continue to use their cards until then. At this stage neither U.S. bank or BMW have provided any details on what the rewards structure of the new cards will be.