Mastercard Selected for Kroger Co-Brand Credit Card Issued by U.S. Bank

Card will offer same great service and rewards

PURCHASE, N.Y.--()--Mastercard announced today that The Kroger Co. has chosen the company to be the network for the grocery retailer’s 1-2-3 REWARDS co-brand credit card program. The cards will continue to be issued by U.S. Bancorp.

“The Kroger 1-2-3 REWARDS® credit card is an important part of how we reward our loyal shoppers,” said Gary Millerchip, CEO of Kroger Personal Finance. “We are always looking for partnerships that support our business strategy of creating value for customers by lowering costs throughout the business and we are excited for this new partnership with Mastercard.”

The new suite of credit cards will enable shoppers to earn valuable points with each purchase that can be used to pay for food and other merchandise at Kroger grocery stores. Shoppers also will receive exclusive fuel discounts and personalized shopping coupons, while enjoying access to exclusive Mastercard benefits. The card program will launch by the end of 2017, with new cards to be issued by Spring 2018.

John Steward, president of Retail Payments Solutions at U.S. Bank, said, “U.S. Bank and Kroger have enjoyed a long and successful partnership that continues to grow and evolve. Mastercard’s assets and capabilities align well with our future plans for the Kroger 1-2-3 REWARDS® credit card program and support our shared commitment to delivering relevant value to the many Kroger shoppers throughout the U.S.”

“Kroger is a leader in innovation and we are pleased to join with them and U.S. Bank to provide their cardholders with a unique program to earn and redeem rewards,” said Linda Kirkpatrick, executive vice president, Market Development, Mastercard. “Consumers want a card program that meets their specific shopping needs and together with Kroger and U.S. Bank, we provide the flexibility that best fit their lifestyle.”

About Kroger

The Kroger Co. (NYSE:KR) is one of the world’s largest grocery retailers, with fiscal 2016 sales of $115.3 billion. The Kroger Co. Family of Stores spans many states with store formats that include grocery and multi-department stores, discount, convenience stores and jewelry stores. We operate under nearly two dozen banners, all of which share the same belief in building strong local ties and brand loyalty with our customers.

About U.S. Bank

Minneapolis-based U.S. Bancorp, with $464 billion in assets as of June 30, 2017, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The company operates 3,088 banking offices in 25 states and 4,826 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at

About Mastercard

Mastercard (NYSE:MA),, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.


Mastercard Communications
Jim Issokson, 1-914-249-3153

Release Summary

Mastercard announced today that The Kroger Co. has chosen the company to be the network for the grocery retailer’s 1-2-3 REWARDS co-brand credit card.


Mastercard Communications
Jim Issokson, 1-914-249-3153