Lane Bryant pushes their Credit score Card on clients at check-out, with guarantees of helpful reward factors and unique member purchasing perks. Our evaluate discovered broken credit score scores, extraordinarily excessive rates of interest, and one of many worst rewards applications now we have reviewed.
Selecting a extra conventional card over the Lane Bryant Card might save your credit score rating and hundreds of {dollars} in curiosity funds over your lifetime.
Lane Bryant Credit score Card Evaluation & Rankings
Lane Bryant pushes their Credit score Card on clients at check-out, with guarantees of helpful reward factors and unique member purchasing perks. What we present in our evaluate was broken credit score scores, extraordinarily excessive rates of interest, and one of many worst rewards applications now we have reviewed.
Annual Charge: $0
APR: 28.49% Variable
Credit score Wanted: Truthful/Good/Glorious
Execs
Experiences To Main Credit score Bureaus
The cardboard has a really excessive variable APR charge and you must earn a minimal of 3000 factors to change for a small $10 credit score.
You may solely use the Lane Bryant Retailer Card at Lane Bryant shops.
A serious downside with this card is the issuer, Comenity Financial institution. Comenity Financial institution will get constantly horrible critiques on all of the playing cards they problem. One recurring criticism is that they are going to cancel your card if you don’t preserve a stability and pay them curiosity.
Your credit score rating will be broken if a revolving bank card account is closed by the issuer.
What Is The Lane Bryant Credit score Card?
The Lane Bryant Credit score Card accounts are issued by Comenity Financial institution to be used solely on the Lane Bryant household of shops.
You’ll not discover a Visa, MasterCard, Uncover, or American Categorical, emblem on this card.
Who Is Comenity Financial institution?
Comenity Financial institution and Comenity Capital Financial institution are owned by Information Alliance. They handle a number of buyer loyalty applications.
They work with retail places and supply them with retailer bank cards, rewards applications and advertising and marketing data to retain clients.
Lane Bryant Credit score Card Fundamentals
Beneath are a few of the primary options of the Lane Bryant bank card:
- Card sort: Unsecured
- Rate of interest: 28.49% Variable
- Annual payment: $0
- Rewards: Earn 3,000 factors to get a $10 low cost
- Safety deposit: None
- International transaction payment: N/A
- Credit score reporting: Experiences fee historical past to all three credit score bureaus.
- Money advance payment: N/A
- Money advance APR: N/A
- Late fee payment: As much as $39.00
- Returned fee payment: As much as $39.00
- Over The Credit score Restrict: None
Many Comenity Financial institution critiques describe late funds imposed for funds the person claimed to have made on time, or for failure to pay charges or expenses they by no means knew existed.
The Advantages
The Lane Bryant Comenity Card gives just a few advantages which can be additionally obtainable to you in the event you simply signal as much as be a Lane Bryant Member with out a bank card.
These Lane Bryant Rewards embrace:
- You may flip in each 3,000 factors for a $10 low cost
- Free delivery in the event you spend a set quantity primarily based on if you’re on the Silver, Gold, or Platinum degree
- Particular birthday month offers
⚠️ Lane Bryant Rewards program gives very low reward worth in comparison with main opponents.
Clients who use the Lane Bryant Card to make purchases will obtain rewards factors. As soon as the factors attain a set degree you possibly can change them for a small one-time low cost on a future buy.
The Lane Bryant bank card additionally gives free commonplace delivery in case your cart complete quantity reaches sure thresholds. There are additionally Lane Bryant Card Days that embrace low cost gives, and reductions throughout your birthday month.
All of those rewards can prevent cash, however the precise financial savings are very low in comparison with many different rewards applications. You may signal as much as be a Lane Bryant Member with out a bank card and obtain virtually the identical advantages that you just get from the cardboard.
⚠️ The Lane Bryant Card makes up for the reductions by charging extraordinarily excessive rates of interest.
The place Can I Use My Lane Bryant Card?
The Comenity Financial institution Lane Bryant card can be utilized solely on the Lane Bryant shops, Lane Bryant Outlet, and LaneBryant.com.
You too can use it at Lane Bryant’s different company-owned shops, Cacique and Catherines, together with their respective web sites.
Can I Use My Lane Bryant Card At Torrid?
The Lane Bryant card just isn’t backed by one of many main fee networks, like Visa or MasterCard, thus, it’s only accepted at Lane Bryant-owned shops.
Torrid just isn’t owned by Lane Bryant and you can’t use a Lane Bryant card there.
What Is The Beginning Lane Bryant Credit score Restrict
Comenity Financial institution will assign a credit score restrict primarily based on a variety of elements, together with your credit score historical past and earnings.
There isn’t any manner of predicting the credit score restrict you may be given.
⚠️ Comenity Financial institution has a status for altering credit score limits with out warning, so be sure you preserve your stability low to keep away from rising your credit score utilization and harming your credit score.
Lane Bryant Credit score Restrict Enhance
Your card will periodically be reviewed for eligible credit score restrict will increase.
In case you make your funds on time, Comenity Financial institution will think about you for a credit score restrict enhance.
You too can request a credit score restrict enhance in your buyer dashboard or by calling Comenity Financial institution straight.
The above is true for many bank cards.
Execs & Cons
PROS
- Experiences to main credit score bureaus
- Rewards program
- $0 Annual payment
CONS
- 28.49% Variable APR
- Restricted use
- Dangerous customer support
- Low rewards worth
Comenity Financial institution Card Buyer Opinions
Comenity Financial institution is infamous for under caring about their earnings with little concern for his or her clients. Comenity Financial institution-issued retailer bank cards have a tendency to hold extraordinarily excessive rates of interest, even when your credit score is sweet.
👉 Learn a few of the latest Comenity Financial institution critiques submitted beneath. Do not forget that Comenity Financial institution is the issuer of the Lane Bryant card. You’ll be coping with Comenity Financial institution if there are issues, not Lane Bryant.
You may see extra critiques of Comenity Financial institution and their retailer bank cards on the Higher Enterprise Bureau, Trustpilot, and Client Affairs.
How Do I Cancel My Lane Bryant Credit score Card?
You may cancel your account at any time by contacting their Buyer Service Division on the telephone quantity listed in your billing assertion or on the again of your bank card.
Is There A Charge For Closing My Account?
Exterior of the charges related along with your remaining stability, there is no such thing as a payment for closing your account.
I’d suggest preserving the cardboard lively so long as you possibly can, there actually isn’t a cause to cancel the cardboard any time quickly.
Taking Motion
Hopefully, you discovered this Lane Bryant Credit score Card Evaluation useful as a result of making use of for this card might be a horrible mistake.
Right this moment is a superb day to use for a brand new bank card that you need to use wherever and be charged a good rate of interest. The Lane Bryant Card just isn’t that card.
No matter bank card you select, you’ll do your credit score rating a favor in the event you use it correctly!
