The cards give members the opportunity to earn and redeem awards on new Chevrolet, Cadillac, Buick and GMC vehicles, including GM’s line of electric vehicles.

The deal aims to expand Barclays’s consumer ambitions in the U.S. while getting Goldman closer to exiting consumer lending.

Barclays will be the exclusive issuer of the GM Rewards and GM Business Mastercard credit cards in the U.S., transitioning away from Goldman Sachs.

Barclays Plc is taking over the General Motors Co. credit-card business from Goldman Sachs Group Inc., pouncing on the Wall Street firm’s failed effort to expand into consumer lending.

General Motors Co. (NYSE:GM) inked a long-term partnership agreement with and Barclays US Consumer Bank for Barclays (BCS) to be the exclusive issuer of the GM Rewards Mastercard and the GM Business Mastercard in the United States starting next summer.