Overstock.com Offers Customers New Store Credit Card

SALT LAKE CITY, Aug. 7, 2014

"We always like to give our customers options," said Overstock.com CEO Patrick Byrne. "That applies to both product selection and payment method. Allowing customers to pay for larger purchases over time is an exciting development and one that has been received enthusiastically."

To pay using the Overstock.com store card, shoppers select that option when checking out. They are then prompted to submit a brief application, after which approval is confirmed within seconds. The card number is conveniently stored in conjunction with the customer's Overstock.com account, though the customer also receives a physical card.

The card's payment terms and benefits are very competitive by industry standards. For example, card members receive special financing options based on purchase price, and 10 percent off their entire order upon approval. Card members will also receive access to exclusive promotions and events, all without paying an annual fee.

To learn more about the new Overstock.com store card, visit overstock.com/storecard.

About Overstock.com

Overstock.com (NASDAQ: OSTK) is a discount online shopping retailer based in Salt Lake City, Utah that sells a broad range of products including furniture, rugs, bedding, electronics, clothing, jewelry and cars.  Worldstock.com, a fair trade department dedicated to selling artisan-crafted products from around the world offers additional unique items.  Main Street Revolution supports small businesses across the United States by providing them a national customer base.  The Nielsen State of the Media: Consumer Usage Report placed Overstock.com among the top five most visited mass merchandiser websites in 2011.  The NRF Foundation/American Express 2011 Customer Choice Awards ranked Overstock.com #4 in customer service among all U.S. retailers.  Overstock.com sells internationally under the name O.co.  Overstock Shopping (http://www.overstock.com and http://www.o.co) regularly posts information about the company and other related matters under Investor Relations on its website.