Review: Pier 1 Imports Credit Card

Pier 1 Imports, in partnership with Comenity Bank, offers a credit card that rewards frequent users with points toward future Pier 1 purchases. Our overview / review of the card is below:

The Pier 1 Rewards credit card can only be used for purchases at Pier 1 stores or online at This is a negative for some customers — opening a new credit line can hurt your credit rating in the short term, so getting a credit card with such limited acceptance may not be good for your overall credit health, especially if you’ve had credit problems in the past.

That said, if you have good credit and can handle a short-term hit to your credit score, the card may be a good fit. It offers a fairly simple rewards program:

  • Earn 1 point per dollar charged to the card.
  • Get a $10 reward certificate for every 200 points you earn, which means you are getting a 5% bonus on your Pier 1 purchases

In addition to the standard points program, Pier 1 promises its cardholders a special gift on their birthdays, and other members-only discounts and shopping events. You’ll also get a 20%-off coupon when your credit card first arrives in the mail.

If you spend $1000 or more with the Pier 1 card within a year, you’ll be upgraded to the platinum credit card, which offers 10%-off Platinum Tuesdays and other perks for top card users.

It all sounds great but for one thing: the interest rate on the Pier 1 credit card is 27.99%, one of the very highest interest rates you’re going to find on the market today. If you are the type of person who ever carries a balance on your credit cards, the Pier 1 credit card is not for you — any rewards you receive will essentially be canceled out (and more) by the interest charges you’ll pay.

On the other hand, if you always pay your credit card bills on time, the Pier 1 card gives you the chance to get some freebies. If you’d like to apply, you can do so in a Pier 1 Imports store or via this online application.