Caterpillar now offers a retail credit card through Citi Retail. Cat will help manage the program while continuing to offer advice to customers on product offerings, and will turn over origination and portfolio management responsibilities to Citi.
The new program will offer commercial and consumer financing options, allowing customers the flexibility to finance parts, servicing, and rental needs at Cat dealers in the U.S. and Canada.
Citi is now accepting applications online for the new Cat Card. Existing customers can continue using accounts until Citi provides a new card and account number. Cards should be delivered within the coming weeks.
“Caterpillar has been a Citi banking partner for more than 90 years, and we’re excited to work together in this new capacity to serve their loyal customers,” said Craig Vallorano, Head of Citi Retail Services. “This relationship allows us to expand our deep expertise in the dealer network distribution market space and is an important addition to the Citi Retail Services portfolio.”
Customers can apply at: