News & Press: Member News

Wells Fargo Contract Renewal Means New Benefits for AGS Members

Thursday, July 20, 2017  
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The American Gem Society recently extended its consumer financing contract with Wells Fargo for another five years. From now through 2022, Wells Fargo will continue serving as our organization’s preferred financing provider, offering improved benefits to dealers participating in the American Gem Society credit card program.

Program Changes Mean New Benefits for Members
With the renewed contract come new benefits that are available now for all AGS members using the financing program.

  • More Opportunities to Earn Volume Rebates
    Currently, dealers can earn Volume Rebates based on their AGS credit card program net charge volume1 each calendar quarter. Now, a new earning structure rewards you for more net charge volume so you can earn even higher Volume Rebates throughout the year — a boost to business during busier shopping seasons.
  • More Marketing Resources
    AGS and Wells Fargo are committed more than ever to devote time and resources to the promotion of the financing program and re-engage AGS cardholders.

Participating in this program lets you take advantage of these important enhancements as well as the program’s strong credit limits and attractive dealer pricing (discount rates) — both very competitive among finance providers in the industry.

If you aren’t already offering the AGS credit card program to your customers, it may be the right time to sign up.

If you have questions about the AGS credit card program or the new benefits, please call Sarah Trudeau, the AGS Credit Card Program representative at Wells Fargo, at 1-800-545-3550, ext. 27013.


1Net charge volume is defined as the total of all purchase volume posted to accounts minus any credits, other than payments, on accounts.


Mission Statement

The American Gem Society (AGS) is a nonprofit trade association of fine jewelry professionals dedicated to setting, maintaining and promoting the highest standards of ethical conduct and professional behavior through education, accreditation, recertification of its membership, gemological standards, and gemological research.

The Society is committed to providing educational products to inform and protect the consumer and to contributing to the betterment of the trade by creating industry standards to protect the jewelry-buying public and the fine jewelry industry as a whole.

AGS Laboratories, founded to support the AGS mission, is a nonprofit diamond grading laboratory with a mission of consumer protection. Adhering to the AGS Diamond Grading Standards, AGS Laboratories is dedicated to offering diamond grading reports that provide consistency and accuracy based on science.

American Gem Society