WILMINGTON, Del., March 21, 2018 /PRNewswire/ -- TD Bank's U.S. Partnerships business — a leading U.S. credit card issuer — announced today that it has signed a multi-year agreement to develop a branded private card label financing program for Mattress1One. Mattress1One, a mattress retailer, serves customers in 300 locations throughout Florida, Texas and Georgia.
"When it came to offering our own branded Mattress1One retail card, we knew that leveraging an expert in the marketplace would allow us to bring our customers the best in retail financing," said Maged Salem, President, Mattress1One. "Our business has experienced strong growth over the past five years, since first offering a financing program with TD Bank. Today, we have 300 locations making us the fastest growing private mattress retailer in the U.S., so we understand the great value that a world class financial partner brings. These offerings have been instrumental to our growth strategy, and we're incredibly excited to take our business to the next level through a branded card program."
"We are thrilled to expand our relationship with Mattress1One into a branded private label card partnership," said Mike Rittler, Head of Retail Card Services at TD Bank. "By tailoring our offerings to fit individual retailers' customer preferences we are able to provide financing options that work for both the retailer and their customers. And because we have longstanding experience working with Mattress1One, we've been able to dive in and customize a program that we know will be an excellent fit for this business."
TD Bank's U.S. Partnerships business (www.tdpartnershipprograms.com) launches and administers new credit card program for brick-and-mortar, e-commerce and catalog merchants.
Mattress1One is amongst the most trusted names in mattress retailers throughout the southeastern U.S. With more than 300 mattress stores located throughout Florida, Texas and Georgia, customers continually trust Mattress1One with enhancing their quality of sleep with a new mattress of their choosing. Mattress1One offers a wide selection of top brands, as well as other benefits such as a price match guarantee, 180 day in-home trial, financing options, and free fast delivery.
About TD Bank Partnerships
TD Bank Group's credit card business is a top 10 card issuer in North America with over $24B in card receivables. TD Bank's credit cards are distributed nationally, leveraging our retail distribution network, direct response channels and through hundreds of partnership programs with financial institutions, retailers and other third party organizations.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com.
SOURCE TD Bank