DEVELOPING: Starbucks Launches Credit Card

Starbucks has launched a new credit card with JPMorgan Chase and Visa.

“with the new card, Starbucks wants to lure those who aren’t yet signed up for its rewards program. The Seattle-based company has more than 14 million Starbucks members in its rewards program in the U.S., but it is working to grow that number because members tend to stop by its shops more often for coffee or snacks.”

The card has a $49 annual fee.

Source: Starbucks launches credit card, hoping to jolt sales | The Seattle Times

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