ADAC Finanzdienste GmbH and Solarisbank AG will cooperate on the ADAC bank card program sooner or later. Solaris will exchange Landesbank Berlin (LBB) as co-branding accomplice for the ADAC bank card within the second half of 2023.
Till then, the partnership with LBB will proceed. All current companies will proceed to be out there to card holders.
ADAC Finanzdienste GmbH and LBB had knowledgeable in October 2021 that their cooperation within the bank card enterprise would expire and {that a} new banking accomplice would take over in 2023. All agreements regulating the transition of the cooperation have now been reached with Solarisbank AG. Which means the ADAC bank card portfolio might be handed over to the brand new co-branding accomplice.
In Solaris, we have now discovered the perfect accomplice for the ADAC bank card program, with whom we will seamlessly proceed and additional develop our portfolio. The wants of our current clients have prime precedence. With the fashionable and highly effective platform of our new accomplice, we will proceed all profitable companies for our members and on the identical time additional increase the vary of companies.
Mahbod Asgari, Government Board of ADAC SE
As Europe’s main supplier of Banking-as-a-Service, we’re delighted that we have now been in a position to persuade our new cooperation accomplice with modern processes and options and that we can take over the high-quality card providing for ADAC members from 2023. We’re satisfied that ADAC has monumental potential for the additional enlargement of contextual banking. Collectively, we are going to form the way forward for this thrilling ecosystem.
Roland Folz, CEO of Solarisbank AG
In the intervening time, the transition of the co-branding accomplice is not going to lead to any adjustments for the present roughly 1.3 million clients of the ADAC bank card; they won’t need to take any motion till additional discover: The bank cards can nonetheless be used and the whole service bundle – together with gasoline reductions and insurance coverage advantages – will proceed to be out there in full, in addition to customer support. Along with LBB, ADAC will present info on the subsequent steps in a well timed method.