TD Bank Announces Multi-Year Extension of Credit Card Partnership with Nordstrom (2024)

CHERRY HILL, N.J., Nov. 23, 2022 - TD Bank, America's Most Convenient Bank®, today announced the extension of its credit card program agreement with Nordstrom, Inc. (NYSE: JWN). TD will continue providing exceptional card products and experiences to Nordstrom customers as the exclusive issuer of Nordstrom's U.S. Visa and private label consumer credit cards.

"Our teams have built an outstanding working relationship over the past seven years," said David Swift, Head of Credit Card Partnership Programs at TD Bank. "We partner with Nordstrom at every level, collaborating closely with leadership while providing tailored support for store teams. We have navigated an unprecedented retail environment together, and we are excited to continue our work driving strong customer engagement."

"Through the Nordstrom card program, we deliver the elevated experiences that our customers have come to expect," said Dennis Bauer, President of Payments and Credit at Nordstrom. "Our cardholders enjoy more rewards, exclusive perks and early access to our highly anticipated Anniversary Sale. TD shares our dedication to meeting customers' evolving needs, and we value their partnership as we continually innovate our offerings and enhance our capabilities."

TD first acquired Nordstrom's credit card portfolio in 2015.

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 over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Auto Finance, a division of TD Bank, N.A., offers vehicle financing and dealer commercial services. TD Bank and its subsidiaries also offer customized private banking and wealth management services through TD Wealth®. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US and www.twitter.com/TDNews_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/us.

Media Contact
Nicole Constantine
Corporate and Public Affairs, TD Bank
Nicole.Constantine@td.com

Stephanie Corzett
Corporate Communications, Nordstrom, Inc.
NordstromPR@nordstrom.com

TD Bank Announces Multi-Year Extension of Credit Card Partnership with Nordstrom (2024)

FAQs

TD Bank Announces Multi-Year Extension of Credit Card Partnership with Nordstrom? ›

TD Bank Announces Multi-Year Extension of Credit Card Partnership with Nordstrom. CHERRY HILL, N.J., Nov. 23, 2022 - TD Bank, America's Most Convenient Bank®, today announced the extension of its credit card program agreement with Nordstrom, Inc.

Is Nordstrom credit card TD Bank? ›

The card, issued by TD Bank, is aimed primarily at Nordstrom super-loyalists who have the deep pockets to match the brand's high prices.

Who is the issuing bank for Nordstrom credit cards? ›

Nordstrom credit cards are issued by TD Bank USA, N.A.; subject to approval. Nordstrom is TD Bank USA, N.A.'s service provider for the Nordstrom Credit Card program.

Who is Nordstrom credit card partner? ›

Nordstrom retail and Visa cards are issued by TD Bank USA, N.A. and serviced by Nordstrom Card Services. If you have any questions or want to learn more, please give us a call at 888.478. 6390 .

Is TD Bank owned by Bank of America? ›

TD Bank has been a subsidiary of TD Bank Group since 2008, and it is the 14th-largest credit card issuer in the United States, with 7.8 million cards in circulation. For more information, check out TD Bank's credit card reviews. This answer was last updated on 07/03/24 and it was first published on 02/24/23.

Does Nordstrom own their own bank? ›

Nordstrom FSB, a wholly owned subsidiary of Nordstrom, Inc., is a federally chartered savings bank doing business as Nordstrom Bank. It was formed in 1991 in Scottsdale, Arizona, with its customer contact center in Centennial, Colorado.

What credit card is owned by TD Bank? ›

There are several store cards issued by TD Bank, including the Target Credit Card and the Nordstrom Store Card. It's worth noting that most of TD Bank's store credit cards are available to applicants with fair credit or better. You can check your credit score for free on WalletHub if you don't know where you stand.

How hard is it to get a Nordstrom credit card? ›

You cannot pre-qualify for the Nordstrom Store Card. However, as with most store cards, the Nordstrom Store Card is easier to qualify for than a traditional credit card (usable anywhere), and some reviewers have reported being accepted with sub-600 credit scores.

Who does Nordstrom pull credit from? ›

The Nordstrom Credit Card usually uses Experian for approving credit card applications. However, that's not a rule and they could use any of the three major credit bureaus (TransUnion, Equifax, Experian).

Who is the top issuer of credit cards? ›

Chase (JPMorgan Chase & Co.)

Through many mergers, it eventually became JPMorgan Chase, called Chase for short. Chase is arguably the top credit card issuer in the U.S., both in terms of purchase volume and card volume.

Who is Nordstrom owned by? ›

Chief Executive Erik Nordstrom and other members of the Nordstrom family collectively own about a 30% stake in the Seattle-based company. Nordstrom formed a special board committee in 2017 to consider a bid by the family to go private and explored a deal with several private equity firms, including Leonard Green.

How long is Nordstrom's anniversary sale in 2024? ›

Based on customer feedback, we're excited to announce our sale dates early again this year to make it easier for our customers to plan for this one-of-a-kind summer event. The Anniversary Sale begins July 15 and runs through August 4. Nordstrom cardmembers can shop Early Access starting July 9.

Who did TD Bank merge with? ›

On closing, TD Banknorth became a wholly-owned subsidiary of TDBFG, and TD Banknorth's shares were delisted from the New York Stock Exchange. On May 31, 2008, TD Banknorth, Commerce Bank N.A. and Commerce Bank/North merged to become TD Bank N.A. (known as TD Bank, America's Most Convenient Bank).

What is the old name of TD Bank? ›

On February 1, 1955, The Bank of Toronto and Dominion Bank merged to form Toronto Dominion Bank, but TD traces its roots back even further to the founding of The Bank of Toronto in 1855. You can learn more about TD's history.

Who owns most of TD Bank? ›

Largest shareholders include Royal Bank Of Canada, Bank Of Montreal /can/, Vanguard Group Inc, CIBC World Markets Inc., Td Asset Management Inc, Bank Of Nova Scotia, National Bank Of Canada /fi/, Mackenzie Financial Corp, 1832 Asset Management L.P., and VGTSX - Vanguard Total International Stock Index Fund Investor ...

What banks are under TD Bank? ›

Canadian Personal and Commercial Banking including TD Canada Trust, Business Banking, and MBNA. U.S. Retail including TD Bank, America's Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD's investment in Schwab.

What credit company does TD Bank use? ›

What credit bureau does TD Bank use for approval? TD Bank typically pulls credit reports from Experian when evaluating credit card applications, but it could use any of the three major credit bureaus (TransUnion, Equifax, Experian).

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