CarParts.com announced the launch of its new CarParts.com Mastercard, a credit card that offers 3% cashback on purchases made on the company’s website and 1% on other Mastercard‑accepted purchases, along with standard Mastercard benefits. The card is powered by Mastercard and serviced by Concora Credit, and is available nationwide to eligible customers.
The launch comes as CarParts.com reports a challenging fiscal year. In Q4 2025, the company posted net sales of $547.5 million, down 7% from the prior year, and a net loss of $50.4 million, or $0.82 per share. Gross margin rose 70 basis points to 33.2% YoY, but the company’s full‑year margin slipped to 32.8% from 33.2% in 2024.
CEO David Meniane said the new card is part of a broader effort to build a “driver‑first” experience. “The CarParts.com Mastercard builds on a series of initiatives introduced over the past year, all aimed at simplifying vehicle care and giving customers more control over how they shop, manage, and maintain their vehicles,” he said. The card is intended to deepen customer relationships, increase repeat purchases, and provide the company with richer data on buying patterns.
CarParts.com has also secured strategic investments from A‑Premium, ZongTeng Group, and CDH Investments, totaling $35.7 million in fiscal 2025, and has set a target of achieving free‑cash‑flow positivity in 2026. The credit‑card program is viewed as a step toward that goal by encouraging higher spend and loyalty among its existing customer base.
While the new card adds a convenient payment option, the company remains in a period of declining sales and net losses. The launch is therefore seen as a tactical move to offset headwinds and position the business for longer‑term growth, rather than a standalone revenue driver.
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