Women’s clothing retailer Talbots, in partnership with Comenity Bank, offers a credit card that allows you to earn points toward future Talbots purchases. Our overview / review of the card is below:
The first thing to understand is that the Talbots credit card can only be used at Talbots, not any other stores. Do you shop at Talbots often enough that it is worth opening up a new credit line that can only be used at this one store chain? (Too many new credit lines can hurt your credit score, especially if you have a shaky credit history.)
If the answer is yes, then the Talbots credit card might be right for you. It offers a numbers of rewards and perks for frequent Talbots shoppers, including:
- 1 point per dollar charged to the card
- special “bonus points” events throughout the year.
- 15% off “Birthday Bonus”
As far as the points are concerned, every time you reach 500 points you get a $25 gift certificate to be used on future Talbots purchases. That equates to a 5% reward, fairly standard for a retail credit card rewards program.
Now, before you get too excited, check out the Talbots credit card’s interest rate: 27.24%! Yes, if you don’t pay off this card each month, you will pay hefty interest, equivalent to over 1/4 of your purchase price if you let that balance sit for a whole year. So, if you are not in the habit of paying off your credit cards each month, do NOT get this card — the interest you pay will essentially cancel out any rewards you receive.
That said, if you know you can handle it, you can apply for a Talbots credit card online via this application.