Credit Card Portfolio Acquisitions

SWBC will consider covering the conversion costs to terminate your existing processing agreement. In addition we often pay generous premiums for your existing credit card portfolio.

We also will share the ongoing revenue with your institution after the sale of your portfolio. SWBC will also pay you for each new approved account after the conversion. New accounts are opened on consumer, commercial, and reward programs.

Before making our formal offer, SWBC will perform due diligence on your existing portfolio through the use of Equifax’s Redi-Review for your consumer accounts. Due diligence for business accounts is normally performed on site.