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Academy Sports + Outdoors Launches New Tiered myAcademy® Rewards Credit Card and Enhanced Loyalty Program Designed to Help Families Save More and Have More Fun

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Academy Sports + Outdoors (Nasdaq: ASO) launched the national rollout of the new myAcademy Rewards Mastercard credit card and an enhanced myAcademy Rewards program in partnership with Bread Financial on March 20, 2026.

Key benefits include 5% off every day at Academy, unlimited 2% back on everyday purchases, free myAcademy enrollment, a $15 welcome offer, $15 birthday reward, a $25 reward after $500 annual spend at Academy, a $50 reward for $500 spend outside Academy within 90 days, free shipping options, and upgraded digital account management across store, web, and app.

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Negative

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News Market Reaction – BFH

+1.47%
+1.47% Session close to close

In the Mar 20 session, BFH gained 1.47%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Bread Financial’s continued expansion of co‑branded credit and loyalty ...
Analysis

This announcement highlights Bread Financial’s continued expansion of co‑branded credit and loyalty solutions, adding Academy Sports + Outdoors to a partner roster that recently grew with Ford-branded cards. The program offers multiple reward tiers, including everyday discounts and spend-based bonuses, designed to deepen cardholder engagement. In context with prior updates on loan quality, capital returns, and an effective Form S-3ASR, key factors to monitor include portfolio growth tied to this partnership, credit performance of new accounts, and any future securities issued under the shelf.

Key Figures

Cardholder discount at Academy: 5% off Everyday rewards rate: 2% in rewards Welcome offer: $15 off +5 more
8 metrics
Cardholder discount at Academy 5% off Everyday purchases at Academy for myAcademy Rewards Mastercard cardholders
Everyday rewards rate 2% in rewards Unlimited rewards on everyday purchases outside Academy for cardholders
Welcome offer $15 off New myAcademy Rewards members at enrollment
Birthday reward $15 off Reward during a member’s birthday month
Annual spend reward $25 reward After spending $500 at Academy in a calendar year
Same-day opening bonus $30 off Purchase over $30 on the same day as account opening
In-store discount tier 15% off Everyday purchases at Academy for cardholders under program terms
New account outside spend bonus $50 reward After $500 spend outside Academy in first 90 days

Historical Context

5 past events · Latest: Mar 11 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 11 Monthly metrics update Positive +2.1% February 2026 portfolio update with lower loss and delinquency rates.
Mar 10 Co-branded card launch Positive +0.2% New long-term Ford co-branded credit card and installment program.
Mar 04 Conference participation Neutral +3.3% Planned fireside chat at RBC 2026 Financial Institutions Conference.
Feb 26 Buyback authorization Positive +8.3% Increase in share repurchase authorization to a total of $765 million.
Feb 10 Monthly metrics update Positive -1.0% January 2026 update with modestly better credit metrics year over year.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent operational and partnership updates have usually prompted positive price reactions, with one divergence on a monthly performance update.

Recent Company History

Over recent months, Bread Financial has highlighted operational metrics and capital actions. January and February 2026 performance updates showed stable to improving credit trends, with loan balances near $18 billion and lower loss and delinquency rates. A new Ford Rewards Visa Signature program and integrated installment loans strengthened co‑brand partnerships. The company also expanded share repurchase authorization to $765 million, following prior repurchases. Participation in the RBC 2026 Financial Institutions Conference underscored ongoing investor outreach. Today’s Academy partnership continues the theme of leveraging brand relationships to expand its credit card and loyalty footprint.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Reimagined loyalty program and new credit card offerings provide more ways to earn, save, and "fund your fun"

New benefits include exclusive savings, personalized rewards, and seamless access across stores, online and app platforms

KATY, Texas, March 20, 2026 /PRNewswire/ -- Academy Sports + Outdoors ("Academy") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, today announced the national rollout of the new myAcademy Rewards Mastercard® Credit Card, and enhanced myAcademy Rewards program, part of a reimagined payments and loyalty portfolio developed in partnership with Bread Financial (NYSE: BFH). The refreshed myAcademy Rewards program delivers value to every member whether they shop in-store, online, or on the Academy app.

"At Academy, we believe fun should be for all, regardless of your budget," said Chad Fox, Executive Vice President and Chief Customer Officer at Academy Sports + Outdoors. "This year, we're doubling down on that promise with the relaunch of myAcademy Rewards, a loyalty program rebuilt for our customers, the Always Game Family. These are families who work hard, play harder, and live for the moments that bring them closer together. Our goal is to help fuel those moments with great gear at great prices, without straining budgets."

Academy is reenvisioning loyalty by placing the new myAcademy Rewards Mastercard® at the center of the program—transforming the card into the primary way members earn rewards for their everyday purchases. Cardholders earn 5% off every day at Academy3 and an unlimited 2% in rewards on everyday purchases4, with rewards deposited directly into their myAcademy Rewards account on Academy.com or in the Academy app.

Customers can join myAcademy Rewards for free and enjoy:

  • $15 off welcome offer
  • Insider access to exclusive offers
  • $15 off reward during their birthday month
  • $25 reward after spending $500 at Academy during the calendar year

Cardholders save even more when they make purchases on their card at Academy:

  • $30 off a purchase over $30 on the same day of account opening1
  • 5% off everyday purchases at Academy3 
  • Free shipping at Academy with no minimum2

Plus, myAcademy Rewards Mastercard® holders earn:

  • 2% back in rewards on purchases outside Academy4 
  • $50 reward when they spend $500 anywhere outside Academy within the first 90 days after account opening5

"This revamped program was thoughtfully designed to empower families with a rich value proposition, reflecting how they live and what they need to have more fun outdoors, whether that's gear for weekend adventures, playing sports or everyday needs," said Val Greer, Executive Vice President and Chief Commercial Officer at Bread Financial, a tech-forward financial services company providing simple, personalized payment, lending and saving solutions.

Academy has also upgraded its entire digital ecosystem to help deliver value, making it easier for members to sign up, track progress, view rewards, and redeem online, in-app, or in-store.

This program was rebuilt with the Always Game Family in mind because they deserve to feel valued, appreciated, and rewarded for every hard‑earned dollar they spend. At Academy, we're making sure families never have to choose between making memories and the responsibilities they carry.

Learn more at https://www.academy.com/myacademy-rewards.

About Academy Sports + Outdoors
Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to more than 300 stores across 21 states and counting. Academy's mission is to provide "Fun for All" and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy's product assortment focuses on key categories of outdoor, apparel, sports & recreation and footwear through both leading national brands and a portfolio of private label brands. For more information, visit www.academy.com.

About Bread Financial®
Bread Financial® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S. consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers. Bread Financial proudly marks 30 years of success in 2026. To learn more about our global associates, our performance and our sustainability progress, visit breadfinancial.com or follow us on Instagram and LinkedIn

Media Contacts:


Allan Rojas                                                       

Rachel Stultz  

Director, Communications                                   

Senior Director, Corporate Affairs

Academy Sports + Outdoors                               

Bread Financial

allan.rojas@academy.com                                 

rachel.stultz@breadfinancial.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/academy-sports--outdoors-launches-new-tiered-myacademy-rewards-credit-card-and-enhanced-loyalty-program-designed-to-help-families-save-more-and-have-more-fun-302719341.html

SOURCE Academy, Ltd. d/b/a Academy Sports + Outdoors

FAQ

What are the myAcademy Rewards Mastercard benefits announced by Academy (ASO) on March 20, 2026?

The card offers 5% off at Academy and unlimited 2% back on everyday purchases. According to Academy, cardholders also receive a $15 welcome offer, $15 birthday reward, and digital tracking and redemption via app and website.

How does the myAcademy Rewards program's $500 thresholds work for ASO cardholders?

Cardholders earn a $25 reward after $500 spent at Academy in a calendar year and a $50 reward for $500 spent outside Academy within 90 days. According to Academy, both rewards post to the myAcademy account when thresholds are met.

Is there a cost to join myAcademy Rewards and how do members redeem rewards for ASO?

Joining myAcademy Rewards is free, and rewards are redeemable online, in-app, or in-store. According to Academy, members can track progress and redeem funds directly through their myAcademy account on Academy.com or the Academy app.

What partnership supports the new myAcademy Rewards Mastercard for Academy (ASO)?

The program is offered in partnership with Bread Financial, which provides the payment platform and account services. According to Academy, Bread Financial powers the credit product and digital payment experience.

What special short‑term offers are available to new myAcademy Mastercard applicants at ASO?

New cardholders can get $30 off a purchase over $30 the same day of account opening and a $15 welcome offer. According to Academy, these incentives are intended to encourage immediate engagement with the program.

How did Academy (ASO) improve digital access for myAcademy Rewards members?

Academy upgraded its digital ecosystem for easier sign-up, tracking, and redemption across store, web, and app. According to Academy, members can now view rewards and redeem seamlessly on Academy.com or via the Academy app.