Yesterday, Mastercard Incorporated (NYSE: MA) penned a multi-year agreement with Synchrony Financial (NYSE:SYF) and Virgin Red for the new Virgin Red Rewards World Elite Mastercard credit card program. As per the deal, Synchrony will become Virgin Red’s exclusive U.S. issuer of a multi-category travel credit card program, and Mastercard will become the exclusive payments network for the new card, which will be launched in the second half of 2024. The new Virgin Red Rewards Mastercard will allow cardholders to earn Virgin Points on hotels, flights, ...