In late 2021 it was announced that Barclays would be purchasing the GAP portfolio of credit cards from Synchrony for $3.8 billion after it was previously announced that Barclays would be the new issuer in a deal worth $1 billion.
It’s now be revealed that existing cardholders will receive their new cards this month. In total there are four cards available, all with the same earning structure:
New cardholders that apply between June 1 and September 30, 2022 will receive 5x points on all purchases until January 2023.
