ELIZABETH, N.J. -- Wakefern Food Corp. here is now offering a co-branded credit card that will also enable users to access check approval and frequent shopper benefits.
ibuted as gift certificates redeemable for free merchandise at Wakefern stores.
The retailer is co-sponsoring the card with MasterCard, White Plains, N.Y., and Valley National Bank, Wayne, N.J. The card features no annual fee and a 7.9% introductory annual percentage rate for the first six months of usage.
Wakefern is the latest distributor to introduce a co-branded card. Giant Food, Landover, Md., and Seaway Food Town, Maumee, Ohio, began offering cards co-branded with Visa USA, San Francisco, earlier this year. Other recent introductions include The Stop & Shop Cos., Quincy, Mass., with MasterCard, and Marsh Supermarkets, Indianapolis, with Visa.