JCPenney Credit Card approval score: 7 Things to Know Before You Apply
Like many department stores, JCPenney offers rewards credit cards for customers to use in-store and online. In addition to lots of discount options and exclusive savings opportunities, JCPenney cardholders also get additional rewards through the brand’s loyalty program.
If you’re a regular JCPenney shopper or plan on making some big purchases, these perks may make getting a store card worth your while. Here’s a look at the JCPenney Credit Card approval score and some essential things you should know before you apply.
The JCPenney Credit Card is a rewards card that offers cardholders discounts, exclusive savings opportunities, and additional rewards through the brand’s loyalty program.
JCPenney cardholders can earn 1 point for every $1 spent using their card, and these points can be redeemed for cash back or merchandise at JCPenney stores.
There is no annual fee for the JCPenney Credit Card approval score, and cardholders can enjoy a 0% intro APR on purchases for the first 12 months their account is open. After the intro period ends, the APR will be 17.99% – 26.99% Variable.
Some benefits of the JCPenney Credit Card include:
– Discounts and exclusive savings opportunities
– Additional rewards through the brand’s loyalty program
– No annual fee
– 0% intro APR on purchases for the first 12 months your account is open
Before you apply for the JCPenney Credit Card approval score, there are a few things you should know. First, the card is only available to applicants who live in the United States and have a valid Social Security number. Second, you will need to have good to excellent credit to qualify for the card.
If you’re interested in the JCPenney Credit Card, you can apply online or in-store at a JCPenney location.
JCPenney Credit Card Application Requirements
To apply for the JCPenney Credit Card, you must:
– Be a legal resident of the United States with a valid Social Security number
– Be at least 18 years old (19 in some states)
– Have good to excellent credit
If you meet these requirements and would like to apply for the JCPenney Credit Card, you can do so online or in-store.
7 things you should know about the JCPenney Credit Card
Earn bonus points for using your JCPenney Card
As a JCPenney Credit Cardholder, you can earn 1 point for every $1 spent using your card. These points can be redeemed for cash back or merchandise at JCPenney stores. You can also earn bonus points by using your card to make purchases on specific days or during special promotions.
There is no annual fee for the JCPenney Credit Card
One great thing about the JCPenney Credit Card is that there is no annual fee. This means you can enjoy all the benefits of the card without having to pay any additional fees.
0% intro APR on purchases for the first 12 months your account is open
Another perk of the JCPenney Credit Card is that you can enjoy a 0% intro APR on purchases for the first 12 months your account is open.
This means you won’t have to pay any interest on your purchases for the first year. After the intro period ends, the APR will be 17.99% – 26.99% Variable.
Automatic bonuses when you earn enough points
As a JCPenney Credit Cardholder, you will automatically earn bonus points when you reach certain milestones. For example, you will earn 2,500 bonus points when you spend $500 in a single month. These bonus points can be redeemed for cash back or merchandise at JCPenney stores.
No foreign transaction fees
If you plan on using your JCPenney Credit Card approval score while traveling abroad, you won’t have to worry about any foreign transaction fees. This means you can use your card to make purchases in other countries without incurring any additional fees.
Plenty of opportunities to save money
Extra perks with Gold and Platinum status
As a JCPenney Credit Cardholder, you will automatically be enrolled in the brand’s loyalty program. This program has three tiers – Gold, Platinum, and Diamond.
Each tier comes with its own set of benefits and perks. For example, Gold members receive free shipping on all online orders, while Platinum members receive free shipping on all online orders plus a $10 reward for every 200 points earned.
Special discounts and savings days for cardholders
JCPenney Credit Cardholders also enjoy special discounts and savings days throughout the year. For example, cardholders can save 20% on their purchase during the brand’s Friends and Family sale.
Cardholders also receive exclusive savings opportunities when they use their card to make purchases on specific days.
The JCPenney Credit Card can be used both online and in-store
One of the great things about the JCPenney Credit Card approval score is that it can be used both online and in-store. This means you can use your card to take advantage of discounts and savings both online and in person.
Read More: Free Instagram Followers Hack 50k Free that Works in 2022
The APR is high
One downside of the JCPenney Credit Card is that the APR is high. After the intro period ends, the APR will be 17.99% – 26.99% Variable. This means you could end up paying a lot of interest on your balances if you carry them over from month to month.
If you’re looking for a store card with lots of perks and benefits, the JCPenney Credit Card is worth considering. Just be sure to keep in mind the high APR and only apply if you have good to excellent credit.
You can only use the card at JCPenney stores and related brands
One downside of the JCPenney Credit Card is that it can only be used at JCPenney stores and related brands. This means you won’t be able to use your card to make purchases at other retailers.
If you’re looking for a store card that can be used more broadly, you may want to consider a different option.
The JCPenney Credit Card can be a great way to save money on your purchases both online and in-store. However, it’s important to note that this card does require good to excellent credit for approval. If you don’t have good credit, you may want to consider another option.
You’ll face high fees for late payments
Another downside of the JCPenney Credit Card is that you’ll face high fees for late payments. For example, if you miss a payment by more than 60 days, you’ll be charged a $35 fee. This means it’s important to stay on top of your payments if you have this card.
Alternatives to the JCPenney Card
If you’re not sure the JCPenney Credit Card is right for you, there are a few alternative store cards to consider.
For example, the Macy’s Credit Card offers many of the same benefits as the JCPenney Credit Card, but can be used at Macy’s stores and other retailers that accept Visa. If you’re looking for a store card with no annual fee, the Target REDcard is another option to consider.
The JCPenney Credit Card can be a great way to save money on your JCPenney purchases. However, it’s important to keep in mind the high APR and late payment fees. If you’re looking for a store card with no annual fee, you may want to consider the Target REDcard instead.
You can only use the JCPenney Credit Card at JCPenney stores and related brands.
If you’re looking for a store card that can be used more broadly, you may want to consider a different option.
The Macy’s Credit Card can be used at Macy’s stores and other retailers that accept Visa, while the Target REDcard can be used at Target stores and other retailers that accept Mastercard.
The JCPenney Credit Card can be a great way to save money on your JCPenney purchases. However, it’s important to keep in mind that you can only use the card at JCPenney stores and related brands.
If you’re looking for a store card that can be used more broadly, you may want to consider the Macy’s Credit Card or the Target REDcard instead.
The bottom line
The JCPenney Credit Card can be a great way to save money on your JCPenney purchases. However, it’s important to keep in mind the high APR and late payment fees. If you’re looking for a store card with no annual fee, you may want to consider the Target REDcard instead.
