JCPenney Credit Card is designed for frequent users of JCPenney. JCPenney, which was founded in 1902, is a high-end store with 100 years of experience, providing consumers with high-quality clothing, accessories, furniture and electrical appliances. JCPenney stores are most common in some other shopping malls anchored in suburbs.JCPenney has more than 1050 locations in 49 states and Puerto Rico now.People who would like to spend a lot of time (and money) in local stores, they may regard JCPenney credit cards as a suitable tool for saving money. However, those who have to tend to delay payment may find their quotas cut and/or accounts closed.
- Earn 1 point for every $1 of qualifying purchases
- Save 20% on select apparel, shoes, accessories, fine jewelry, salon products, home, furniture and mattresses, custom blinds and shades; save 5% on major appliances (select stores only) and Modern Bride Diamond Vault. The 20% offer can be combined with another coupon and earn JCPenney Rewards.
- Earn additional JCP Rewards and discounts when you reach Gold or Platinum status with qualifying purchases and points
- Provide your email address to get your $10 rewards via email.
- Get a JCPenney Visa® Prepaid Card in mail worth $100 - $500 on purchase of 2 or more qualifying major appliances starting at $398.
- Unlimited 1.5% cash back on every purchase - it's automatic
- Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
- 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.99-24.74%. Balance transfer fee is 5% of the amount transferred, $5 minimum
- No minimum to redeem for cash back
- Cash Back rewards do not expire as long as your account is open
- No annual fee
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
- Enjoy savings on your favorite brands with special financing
- special offers, exclusive events and coupons.
- Earn More Shop Your Way Points in More Places
- Global Acceptance
- Monthly savings, special offers and special financing
- Redeem earned rewards at the pump
- $0 Fraud Liability
- ATM Cash Access
- No annual fee
- after you spend $500 on purchases in the first 3 months from account opening.
- This product is available to you if you do not have this card and have not received a new Cardmember bonus for this card in the past 24 months.
JCPenney Credit Card is designed for frequent users of JCPenney. JCPenney, which was founded in 1902, is a high-end store with 100 years of experience, providing consumers with high-quality clothing, accessories, furniture and electrical appliances. JCPenney stores are most common in some other shopping malls anchored in suburbs.JCPenney has more than 1050 locations in 49 states and Puerto Rico now.People who would like to spend a lot of time (and money) in local stores, they may regard JCPenney credit cards as a suitable tool for saving money. However, those who have to tend to delay payment may find their quotas cut and/or accounts closed.
Synchrony Bank is the issuer of the JCPenney credit card, which also issues an estimated 120 other store-branded credit cards. Applicants of the JCPenney credit card receive a JCPenney MasterCard, allowing where MasterCard is accepted. Applicants Cans Find out which cards they can receive after applying for a JCPenney credit card.
The JCPenney Credit Card is a closed-loop card, which means the cardholder can only use it to make purchases in JCPenney stores or through JCPenney official website. The JCPenney credit card also has the tendency to award lower limits than open-loop. Cards, with reviews citing average limits between $300 and $1,000. Additionally, the JCPenney Credit Card comes with a relatively high-interest rate, charging 26.99% APR for purchases.
There will be one point bonus when the cardholders have qualifying purchases from their cards. If you shop with by another payment way, there still exits earn points at a rate of one point per $2 spent. There will be a maximum of 2,000 points no matter how much you spend. A cardholder can have a $10 JCPenney Rewards certificate for every 200 points, which gives a value of $0.05 for each point.
You can earn one point per dollar by using the JCPenney Credit Card when shopping. The other ordinary JCPenney rewards program, like gift cards, is different from the JCPenney Credit Card. Thus, try to use the credit card which can help you double the points. You get a $10 reward for every 200 points earned. With this redemption structure, this card earns a 0.5% rewards rate on JCPenney purchases. As this is a store card, it cannot be used outside of JCPenney or JCP.com.
Whether to get a JCPenney Credit Card or not? After all, discounts like Black Friday don't happen every day. The first thing you need to consider is whether JCPenney Credit Card is suitable for you or not. JCPenney credit card is best suited for people who frequently shop in JCPenney, especially those who spend over $500 for one year, who can make full use of the additional benefits of the Gold and Platinum Program.Even the high interest rate of credit cards and the low tolerance for delayed payment mean that you should pay the full balance on time every month in order to avoid charges.
All in all, the JCPenney Credit Card is best for those who regularly shop at JCPenney, particularly those who spend $500 or more a year and can take advantage of the additional perks of the Gold and Platinum programs. While the card's high interest rate and low tolerance for late payments means cardholders should always pay their full balance on time each month to avoid fees or reduced credit limits.
As with most store cards, there’s zero benefit to carrying this one if you’re not a regular shopper at JCPenney. And if you tend to carry a balance from one month into the next, you could wind up paying more in crazy-high interest rates than you recoup in rewards.
But JCPenney fans can enjoy the deluge of special deals and the 5% year-round store rewards rate. And the card application can be completed both in store and via an online application.
Want the best of both worlds? Put your JCPenney purchases on the JCPenney Credit Card to earn 5%, and then pay off your balance on time and in full to avoid high interest costs.
