Review: GAP Credit Card

gap-credit-cardsThe GAP credit card, issued in partnership with Synchrony Financial institution (previously GE Capital Retail Financial institution), is sweet at GAP shops in addition to the remainder of the GAP household: Previous Navy, Banana Republic, and Athleta. See beneath for an summary / evaluate of what the GAP bank card has to supply:

First off, GAP really has 2 bank cards:

  • The GAP retailer bank card can solely be used at GAP and shops within the GAP household. It presents a beneficiant reward method — you get a $5 reward card for each $100 you spend at GAP shops. (Technically you get 5 factors per greenback and get the $5 reward while you hit 500 factors.)
  • The GAP Visa can be utilized wherever Visa is accepted. You get 5 factors per greenback spent at GAP shops and 1 level per greenback on all different purchases with the cardboard. You get a $5 reward card every time you attain 500 factors.

With both card, you get 15% off your first buy with the cardboard. You may even get the 15% off on the day you’re permitted for the cardboard, though you don’t have the bodily card but.

In case you are a giant spender at GAP shops, incomes no less than 5,000 factors per yr, you’ll get a card “improve” to GAP Silver, which provides perks corresponding to a quarterly 20% enhance of your level totals, free transport on on-line orders, “Select Your Personal Sale Day”, and extra.

One factor to notice: It’s not your selection whether or not you get the GAP retailer card or the GAP Visa. Based mostly in your credit score historical past, you may be thought-about for the GAP Visa first, and if you happen to don’t qualify you’ll then be thought-about for the GAP retailer bank card.

Each GAP bank cards have the identical very excessive rate of interest — 25.24% — so don’t get one until you intend to fully repay your stability every month. In any other case you’ll pay extra in curiosity costs than you’ll ever get in rewards.

You may apply for the GAP bank card on-line through this application.


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