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Are you considering applying for the Old Navy Credit Card and have doubts about what it has to offer and especially how it differs from other alternatives?
Today, we will detail everything (literally) that the Old Navy Credit Card has to deliver. Going from its most attractive advantages, we will also talk about the company’s reputation and the step-by-step instructions to apply.
The intention is for this to be a complete analysis, so that in the end, you can decide, whether or not to apply for the Old Navy Credit Card. Therefore, keep reading, and see everything about the Old Navy Credit Card analysis.
Key Benefits of Old Navy Credit Card
1. Points Program (Old Navy Credit Card)
One advantage of Navyist Rewards is the rewards program.
By using the card, you accumulate 5 points for every dollar spent in Gap group stores, which include Old Navy, Gap, Banana Republic, Athleta, among others.
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This will help you if you want to shop frequently at the group’s stores.
In addition, the Mastercard and Visa version of the card accumulates 1 point per dollar spent on other purchases outside the group’s stores.
It is important to note that there is no limit to the amount of points you can accumulate per billing cycle.
However, the maximum reward per billing cycle is $250. Therefore, the more you spend, the more points you will accumulate for future purchases.
2. Exclusive Discounts for New Holders
If you are new to the Navyist Rewards card, use the initial discount a lot.
In the first month, you will receive a 20% discount on your purchase (and, in some promotions, up to 30%).
In addition, the card offers birthday offers, with exclusive bonuses and promotions. For example, for those who are loyal, with Icon status (obtained after spending $1,000 per year or accumulating 5,000 points), you will have benefits such as free express shipping and free adjustments to Banana Republic pieces.
3. No Annual Fee and With Protection (Old Navy Credit Card)
The Old Navy Credit Card has no annual fee.
Plus, it has fraud protection, with a zero-liability policy. That is, if they make unauthorized purchases with your card, you will not be held responsible.
The Mastercard/Visa version has more flexibility as it can be used at any merchant that accepts Mastercard or Visa.
The store card version can only be used in Gap group stores.
In addition, the Visa/Mastercard version has security chip technology and contactless payments, that is, you can pay quickly without having to insert the card.
Fees Old Navy Credit Card
While Navyist Rewards has great benefits, you should look out for the fees that may appear on your statement.
The main fee to consider is the variable APR, which can vary between 25% and 34% depending on the card version (store card or Mastercard/Visa).
This fee is high, and it can be a problem if you are unable to pay the balance in full within 23 days of closing the invoice.
Additionally, there is a late fee that can be as high as $37, depending on your punctuality with payments.
That is, if you are already in the habit of delaying the payment of the invoice, this charge can weigh on your pocket.
The international transaction fee is also 3%, which can hinder you if you travel frequently.
Another important point is the reward limit. You can only exchange your points for reward certificates when you reach 500 points, which corresponds to $5.
How to Apply for the Card: Step by Step
Applying for the Old Navy Credit Card is very simple. You can do this online or directly in a physical store. Here’s how:
- Access the website or go to the store: On the Old Navy website, just click on Get a Card and follow the process;
- Fill out the form: You will be asked for personal information, such as name, address, telephone number, and annual income;
- Read the terms and conditions: Make sure you understand the terms of use before proceeding;
- Submit and wait for approval: The approval process can be instantaneous, or it will need additional review. If approved, your card arrives within 10 business days.
Approval depends on your credit history. If you have a score of 640 or higher, the store card version can be approved. For the Visa/Mastercard version, the requirement is a credit of 700 or more.
Frequently Asked Questions about the Old Navy Credit Card
1. Can I use the card anywhere? (Old Navy Credit Card)
The Navyist Rewards Mastercard/Visa version is used at any merchant that accepts Mastercard or Visa. Therefore, it is very convenient for those looking for a card for all uses.
2. Do accumulated points expire?
Yes, points earned in Navyist Rewards expire after 24 months from the date of issue.
In this way, if you do not use your points within this period, they become invalid, and you lose the opportunity to exchange for rewards.
This expiration is something to consider if you don’t make regular purchases.
3. What is the required credit history?
Navyist Rewards has different credit requirements depending on the version you choose.
The store card is usually approved for people with credit scores starting at 640.
The Visa/Mastercard version, on the other hand, requires a higher credit score, usually around 700 or higher.
This difference is important as it directly affects your chances of approval directly.
Is there an app to manage the card? (Old Navy Credit Card)
Yes, Navyist Rewards offers a practical and functional app that allows you to manage all your operations easily. With the Synchrony/Gap app, you can:
- Check your balance;
- Track the rewards accumulated;
- Make payments;
- Block or unblock the card if necessary.
In addition, the app also offers fraud notifications, helping you monitor suspicious transactions.
Conclusion
The Old Navy Credit Card has great benefits for those who frequent Gap group stores, such as the accumulation of points and exclusive discounts.
In summary, if you are a frequent shopper of Gap group stores and are able to pay off your card balance on time, Navyist Rewards is the right option.
Now, you have the information to make the decision! How about ordering your card and starting to accumulate points for the next purchase?
Didn’t the card deliver what you’re looking for? If so, get to know other options such as Capital One Credit Card, which as a rule, are suitable for travel.