ABOC Moves Credit Card Accounts to TCM Bank, Slashes Rewards Rate

Say goodbye to rotating 5x bonus categories. From now on, the cards will earn just 1 point per $1 on all purchases.
Sara RathnerAug 31, 2021

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The Amalgamated Bank of Chicago — issuer of the and  — is selling its credit card portfolio to TCM Bank. All other ABOC products and services remain the same.

While this change was in the works, ABOC closed its cards to new applicants.

Current cardholders can continue to use the cards they already carry, but notable changes went into effect as of Aug. 27, 2021:

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Card account numbers will not change. Your existing rewards balance will automatically transfer to cRewards, and your payment due date will remain unchanged. If you have questions about your account, you can continue to call the number on the back of your ABOC card. You can also call 1-800-365-6464 if you have questions about the transition to TCM Bank.

If you have an ABOC credit card, keep an eye on your mailbox (as well as ) for more information about these changes.

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