GE Capitol and Penney extend credit card program

Stamford, Conn. -- GE Capital Retail Bank announced a long-term extension of its private label and dual card credit program with J.C. Penney Co.

Launched in 1999, the credit card program is managed by GE Capital’s Retail Finance business and available for purchases at any of the nearly 1,100 J.C. Penney stores across the United States and Puerto Rico.

“We are pleased to extend our successful 14-year relationship through February 2020 and expand the dual card program in the process,” said Margaret Keane, CEO and president of GE Capital Retail Finance. “The card program provides convenience and value for millions of J.C. Penney customers and we look forward to continuing to work with the entire J.C. Penney team to drive loyalty and satisfaction and play an important role in helping to grow their business.”

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