The JCPenney credit card, issued by Synchrony Bank, is an in-store card that rewards you for your purchases. You can obtain Gold or Platinum status depending on how much you spend on purchases throughout the year. These classifications give you access additional perks like greater birthday gifts and additional discount days.
While this card may be useful for long-term JCPenney customers, it can only be used in JCPenney stores. Its usefulness in everyday life is severely limited as a result of this.
When compared to ordinary loyalty members, the JCPenney credit card gives more coupons and savings, but it can’t be used outside of JCPenney stores. Choose different options if you want to get a higher return on your money.
- Increased earnings vs. non-cardholder rewards members
- Over 150 cardmember specific savings days
- Special coupons, bonus points and appreciation discounts based on your elite status
- Only usable at JCPenney stores and on JCPenney.com
- Earn better rewards with a variety of other credit cards
- When you open and use your JCPenney Credit Card today, you’ll get an extra 15% off select purchases.
- Purchases have a set APR of 26.99 percent.
- There is no annual charge.
- With your JCPenney Credit Card, you’ll earn 1 point for every $1 you spend.
- Earn 1 point for every $2 spent in any other way.
- Just for JCPenney Credit Cardmembers, get a $10 prize for earning 200 points in 150+ credit savings days.
- With your JCPenney Credit Card, you may take advantage of exclusive financing deals.
- Within the JCPenney app, you can manage your rewards and incentives.
At a Glance
- With your credit card, earn one point for every $1 spent at JCPenney. Non-cardholder rewards members earn 1 point for every $2 spent, but cardholder rewards members receive 2 points for every $2 spent.
- Cardholders can get special financing if their credit is approved.
- Credit rating of fair to good is advised.
The JCPenney credit card has a straightforward earning structure: 1 point for every dollar spent. You’ll get a $10 prize after earning 200 points, which implies each point is worth $0.05 cents. It’s the same as getting 0.5 percent cash back on your purchases.
On any single transaction, members can earn up to 2,000 points. If you’re buying something worth more than $2,000, you should break it up into many purchases.
Keep in mind that after 12 months of inactivity, your points will expire. Earn points on a qualifying purchase at least once a year to keep them current.
You can obtain Gold or Platinum status depending on how much you spend per year. If you spend $500 a year, you’ll be upgraded to Gold level, which grants you access to a coupon passbook. In addition to the coupon book, you’ll get Platinum status after spending $1,000 in a year, which comes with bonus points days and an extra 30% off on special days. You’ll also get a $5 bonus on your birthday coupon (making it $15 instead of $10).
When you open and use your JCPenney Credit Card, you can get an extra 15% off select purchases made today. Select garments, shoes, accessories, fine jewelry, salon goods, furniture, beds, In-House Custom Design, and home are all eligible for the 15% discount. Electrics/electronics, Modern Bride® Design Your Dream Ring, Tempur-Pedic, and smartwatches all receive a 5% discount.
Even if you are not automatically authorized when you apply for the card, you may still obtain a decision and approval later. New cardholders will receive a 20% off coupon with their credit card at that time.
Rewards are redeemable both online and in-store. You can access and claim your rewards by logging into your account at www.jcp.com/rewards. To access your available certificates in-store, you’ll need to give the phone number or email address linked with your account.
According to Forbes Advisor, the 70th percentile of wage-earning households earns $100,172 per year and spends $2,377 on shopping and clothes. If half of these expenses are charged to this card, the total annual card spending is $1,188. If we round this up to an even $1,200 in JCPenney card spending, you’ll earn 6 $10 reward certificates a year, or $60 in JCPenney items.
Is The Card For You?
While the JCPenney credit card provides a good return on purchases made in its stores, it falls short of other credit cards due to its restricted applicability in your life. However, if your credit isn’t great and you can’t get a card with better rewards, this card could be a fantastic way to start building credit while earning rewards.
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