U.S. Bancorp said it would replace the Kroger Co. cards issued by a Royal Bank of Scotland Group PLC subsidiary next month.
U.S. Bank, which has 192 branches in Kroger grocery stores, purchased the portfolio from RBS Citizens in May. The accounts will be converted to U.S. Bank on Nov. 8.
The cards are linked to rewards programs allowing shoppers at Kroger stores to earn free groceries and discounts on fuel purchases. After the transition to U.S. Bank, the accounts will have new services such as mobile access.
The card, called the 1-2-3 Rewards MasterCard, provides one point per dollar spent on most purchases, two per dollar spent at Kroger stores and three per dollar spent on store-brand merchandise within those stores.
Kroger has been a U.S. Bank customer since 1930 with services such as corporate banking and credit.