Review: Annie Sez Credit Card

annie-sez-credit-cardDiscount retailer Annie Sez, in partnership with Comenity Bank, offers a credit card that is a bit stingy with the rewards. Is there a reason to get it? Our overview / review of the Annie Sez credit card is below:

The first thing to know about the Annie Sez credit card is that it is only accepted at Annie Sez, nowhere else. This is a strike against it — if you are going to open up a new credit line that could potentially hurt your credit rating, you normally would prefer a card that can be used widely, not one good at a single store chain.

Sometimes these store-only cards can be worth it, though. In our opinion, this isn’t one of those times. While you do get a one-time 20% savings coupon when you get the card, the future discounts are vague and the rewards point program is underwhelming.

The points program gives you one point for each dollar in card purchases. At the end of each quarter, you get a rewards certificate that essentially gives you half off a future purchase, with the maximum savings being higher if you have accrued more points. Specifically, if you earn:

  • 50-99 points in the quarter, your rewards certificate is for $15 off a purchase of $30 or more.
  • 100-249 points = $20 off a $40 or more purchase.
  • 250-399 points = $30 off a $60 or more purchase.
  • 40 or more points = $40 off an $80 or more purchase

While this isn’t a terrible reward, it does force you to spend at least as much as the rewards certificate is worth. Other retailer reward programs generally don’t do this; instead, they give you a rewards certificate for a set amount, which you can use just like cash. AND, to top it off, your rewards certificate is only good for 30 days! So, you have to get shopping almost immediately.

The kicker here is the card’s 25.24% interest rate, which is ridiculously high. If you ever carry a balance, the interest you pay will essentially wipe out the measly rewards you receive.

We can’t recommend the Annie Sez credit card. But if you must have it, there is an online application here.

See also: Instant Approval Credit Cards, Which is the best credit card?, Annie Sez Credit Card Payment, Login, and Customer Service Information