There has been a lot of shade thrown around regarding the use of retail credit cards. Personally, I find that retail credit cards could help you track your expenses whilst earning redeemable rewards through the point system. Let’s see more about this in this Burlington Credit Card Review.
What is a “Retail Credit Card”?
A retail credit card is a card provided by retail stores like Burlington and several others that facilitates transactions and also gives you rewards through a point system that can be redeemed later to get discounts on future purchases.
Stores tie up with banks to promote spending at their stores on credit and pay it off over a more extended time period.
Keeping a retail credit card is a good way to keep track of your retail expenses as everything will be recorded in the statements and can be referred to easily.
A downside, however, is that these cards tend to have higher APR (Annual Percentage Rate).
A retail credit card from a select retailer can, in most cases, be used only at that particular store or a set of related stores. So, if you tend to shop at one retailer quite often, keeping their bank-affiliated card would be a good choice.
Related – 4 Best Credit Cards For Young Adults And Professionals
Burlington
Burlington, formerly known as Burlington Coat Factory, is an American department store famous for selling brand and designer clothing at discounted prices.
They’re an off-price retailer, which means that they buy their stock in bulk from merchandisers.
They store excess inventory, which benefits them with lower-cost prices for bulk purchases.
The Burlington Credit Card Review
The store now provides its very own credit card, which offers a range of benefits and can make store transactions much easier!
To apply for the card, you require a credit score of at least 640+. This is considered a fair credit score and isn’t very hard to acquire.
Let’s look into the rewards offered if you go ahead and apply for the card—
- On opening, you receive a 10% discount on your first purchase through the card. This is only applicable if you use the card for a purchase on the same day as your account opening. So, make sure to head to Burlington and make a purchase on the same day to avail yourself of the discount!
- You can earn one point for every dollar you spend at the store. If you shop at Burlington regularly, you’re in for a wave of points added to your card.
- Point redemption breakdown at Burlington-
- 100 points equal $5 in rewards.
- 500 points equal $25 in rewards.
- 1000 points equal $50 in rewards.
- 2000 points equal $100 in rewards.
- Since you’re financing every transaction through the card, everything gets recorded and you can now avail of extended receipt-free returns on your Burlington purchases.
- A $5 bonus on all layaways that you’ve completed.
- No annual fees.
- Automatic E-receipts
- This last benefit might not seem like much, but could be quite resourceful for avid shoppers. Early notice of new arrivals and price reductions via email.
How to apply for a Burlington credit card?
You can either apply online by clicking this link –
Or you can visit your local Burlington store and apply with the assistance of a staff member!
Burlington has tied up with the quite popular Community Capital Bank to bring this card to you.
Related – 7 Best Travel Credit Cards for Beginners
Requirements for application of the Burlington Credit Card
There are some very basic requirements you need to fulfill in order to apply for the card. Any adult who’s a citizen of the US should be able to fulfill these without breaking a sweat.
- You must be of legal age in your state.
- A valid, government-issued tax identification number is necessary. (Like an SSN or SIN)
- You need a valid street address, a rural route, or an APO/FPO mailing address. An APO is an Army Post Office, designated for the US Army in overseas military locations that allow mail to be delivered. An FPO is a Fleet Post Office for the Navy of the US. Keep in mind that P.O. Box addresses won’t be accepted.
- A valid, government-issued photo ID would be required as well.
Burlington Credit Card Interest Rates
This is probably the only downside to keeping a Burlington credit card; it has a high APR.
APR (Annual Percentage Rate) refers to the annual interest rate you’ll pay on a particular card.
The APR for the card comes to about 29.99%. This is considered quite high when it comes to credit cards.
This rate could do a great deal of damage to your credit score. If you don’t have trouble paying off what’s due at the right time regularly, the APR won’t apply.
Related – Top 10 Tips to Use a Credit Card Wisely
Additional Information and a Few Pointers to Keep in Mind
The card takes 7–10 business days to reach you after being approved.
If you haven’t received the card, it would be best to contact customer service, and they could help you get a replacement if the original gets lost on the way by any chance.
How to Make Burlington Credit Card Payment
You can pay off your credit card bills online through the Burlington website just by logging in with your credentials or through EasyPay.
Conclusion: Burlington Credit Card Review
Your credit score is an important factor.
That’s not the only factor taken into consideration, however, your existing debts, income, and other factors are also noted when applying.
Apart from the APR, the Burlington Credit Card would be an excellent choice for regular Burlington customers to be able to redeem rewards and organize their retail statements easily.
Go ahead and apply today!
