Review: Belk Credit Card

belk-credit-cardBelk department stores, in partnership with Synchrony Bank (formerly GE Capital Retail Bank), offers a credit card that allows you to earn points toward discounts on future Belk purchases. Our overview / review of the Belk credit card is below:

The Belk credit card is a store credit card, meaning it can only be used at Belk stores or at for purchases. This is a definite downside; here at Credit Card Catalog we generally frown on store-only cards because you’ll take a hit on your credit score to get them while getting limited usefulness. If your credit history is shaky, you should seriously consider this. (If your credit is good, it is less of a concern.)

That said, Belk hopes the rewards you earn will make up for the card’s very limited acceptance:

  • You get one reward point for every dollar spent with the Belk card. For every 400 points earned, you will get a $10 Belk gift certificate to use on a future Belk purchase.
  • You get 20% off of anything you buy at Belk on the day you open your credit card account. (15% off on shoes and home merchandise.)
  • You’ll get an upfront 400-point bonus, which means you’ll qualify for your first $10 Belk Rewards card immediately.
  • If you spend more than $600 with the card in a year, you’ll get extra discount offers and special flexible-payment offers. If you spend more than $1500, you’ll get free shipping for online orders, a 20%-off birthday coupon and more.


The biggest downside to this card is that it has a 24.49% interest rate. So, if you ever carry a balance on your credit cards, this is NOT the one to get. Any benefits you receive with the card will essentially be wiped out by the interest you pay if you’re not paying the card off in full each month.

If you do pay off your balance each month, then by all means, apply for the Belk credit card via the online application.