Partnership Announcement

OpenSky® and Triple Announce New Partnership Giving Customers Cash Back Rewards

BY
Triple
March 19, 2024

Triple and Capital Bank, N.A. are proud to announce a strategic partnership to provide merchant funded card linked offers to their OpenSky cardholders. This new partnership will deliver cardholder offers from thousands of top national retailers on both in-store and online purchases, bringing a higher level of engagement to OpenSky’s cardholders.

OpenSky understands that cashback offers contribute to the long-term relationship-building efforts between card issuers and cardholders. By continuously offering valuable rewards, OpenSky will foster a sense of loyalty that extends beyond short-term promotional periods, creating lasting relationships with their cardholders.

“At OpenSky, we help customers build credit to achieve their financial goals. This partnership with Triple reinforces our commitment to empowering our customers by providing opportunities to save money on their everyday purchases while building credit” said Karl Dicker, President of OpenSky.

By adding merchant funded card linked offers through Triple as a card benefit, OpenSky uniquely positions itself within a broad network of credit building products. OpenSky cardholders now have the ability to earn cashback rewards when shopping at well-known brands in apparel, health and beauty, dining, grocery, travel, on-demand services, subscription boxes and more.

"We're excited to partner with Capital Bank, N.A. to enhance the benefits offered to OpenSky cardholders” commented Dave Passavant, CEO of Triple. “At Triple, we're dedicated to revolutionizing the way financial institutions engage with their customers, and this partnership underscores our commitment to delivering innovative solutions that drive meaningful value for both cardholders and issuers. By providing access to our extensive network of merchant funded card linked offers, we're empowering OpenSky cardholders to unlock rewards and savings across a wide range of purchases."

About Triple. Operating at the intersection of fintech and adtech, Triple provides an unprecedented level of offer access and control for financial institutions and loyalty platforms. Triple is integrated with a diverse network of offer sources, enabling access to an industry-leading inventory of offers- including in-store, online, SKU-based, services & experiences, gift cards, travel and more.

For more information about Triple, visit www.tripleup.com or schedule a demo to see the Triple experience first-hand here: https://www.tripleup.com/contact

About OpenSky®: OpenSky®, a division of Capital Bank, N.A., provides accessible credit solutions to help individuals reclaim financial stability. OpenSky Secured Visa® Credit Card and the OpenSky Plus Secured Visa® Credit Card are credit building products requiring no credit check for application and has an 88% approval rate. OpenSky customers who demonstrate on-time payment habits can be invited to apply for the OpenSky Gold Unsecured Visa Credit Card. Over 1.4 million people have used OpenSky to help them build their credit. Capital Bank, N.A. is a Member FDIC and Equal Housing Lender (NASDAQ: CBNK). For more information about OpenSky, visit https://openskycc.com/.