I am very interested in Ann Taylor Loft credit card... - Cash Back Rewards Questions

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Credit Card Applications » Questions » User Questions » Cash Back Rewards » I am very interested in Ann Taylor Loft credit card but I don’t know anyone who has actually...

I am very interested in Ann Taylor Loft credit card but I don’t know anyone who has actually used this card. Do you think it is a good credit card to go with?

Answered on

If you shop a lot at Loft and Ann Taylor, this card can be a good option for you. A one of the big cons can be rather high APR (24.99%) which is rather standard for store credit cards. If you are not going to pay off the card balance each month, you may accrue a lot in interest. If you always pays off the cards’ balances, then you should note that grace period for Loft credit card is 23 days, which is 3-7 days shorter than on a general credit card. As for rewards, I would recommend you to compare this credit card with Discover it card. Discover gives regular 1% cash back on all purchases, 5% in rotating categories and 5% cash back on Loft and Ann Taylor purchases made through Discover Deals. These rewards can be combines, so your cash back at Loft can be minimum 6% and maximum 11%. Now you should sit and crunch numbers to see which credit card will be the best choice for you.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
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Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
For Excellent, Good Credit
Receive 1% cash back on eligible purchases, terms apply
For Fair Credit

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