Synchrony and LG Air Credit Card In Development

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Last updated on January 2nd, 2024

Homeowners will soon have a new cost-saving purchase option for LG Air Conditioning via their partnership with Synchrony Bank. The new multi-year partnership will offer a new financing program to help homeowners buy smart heating and cooling systems.

New Credit Card Soon To Come For LG HVAC Customers

Synchrony and LG Electronics USA’s Air Conditioning Technologies partnership financing offer will be available to homeowners through LG’s independent Pro Dealers. There’s plenty to expect from the new joint venture including deferred interest, fixed payments, and equal monthly payment promotions.

The offer is a private label credit card program with additional perks for participating installers to offer customers. Installers who participate in LG’s HVAC Pro Dealer program will have access to reduced rates and frequent partnership promotions with dealer fee buydowns throughout the year. It’s a way for new solutions for dealers to drive sales and reach new customers with additional financing options. The new program and credit card will launch later in the year.

Seamless LG HVAC Purchases With Synchrony

The new credit card financing program from LG HVAC will also feature digital capabilities to enhance the customer’s experience. Many of the digital features are provided through Synchrony digital abilities. The digital enhancements will help customers have a minimal, streamlined application process. LG HVAC customers will be able to apply securely using a computer, tablet, or mobile device.

“Purchasing or upgrading an HVAC system is a necessary but large investment,” said Curtis Howse, CEO of Home & Auto, Synchrony. “Our goal at Synchrony is to make the process of that purchase as seamless as possible for customers and dealers alike. We look forward to helping LG Air Conditioning Technologies grow their business and drive loyalty by offering the financing options that customers need.” Source.

About LG Electronics USA

Ten-time ENERGY STAR® Partner of the Year LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $68 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions, and vehicle components.

About Synchrony

Synchrony is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. ” We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences.  We offer the right financing products to the right customers in their channels of choice. For more information, visit Synchrony’s website or Twitter account: @Synchrony.

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About: Jeannyn Gomez
Jeannyn Gomez

Jeannyn is the Content Management Assistant for BestCards.com. In addition to serving on all aspects of social media and spreading the word on expert credit and personal finance advice, Jeannyn finds herself on quests for humor, supernatural phenomena, and conspiracy theories for fun.

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