It’s important to note that both of these credit card options carry pretty high interest rates as most department store offerings do, so consumers need to make sure to pay off their balance each month.
Charleston, SC (PRWEB) March 25, 2012
CompareCards.com, a leading service for consumers to compare credit cards and manage their personal finances, announced that its Old Navy Credit Card overview is now available. This is the latest summary from CompareCards.com, which regularly outlines the types of credit options available at popular department stores and provides insight on the best opportunities available for consumers.
Like many other retail stores, Old Navy offers a couple of different card options that shoppers can use to earn various rewards points. The CompareCards.com Overview examines each one’s features and how much value they offer for the consumer.
Old Navy VISA Card
Old Navy’s VISA Card provides rewards of five points per dollar spent in Old Navy and its affiliated stores, including GAP and Banana Republic, and rewards one point per dollar spent everywhere else. The offering provides incentive for shoppers who frequent Old Navy and its affiliates, including parents of young children who constantly need to buy new clothes. More specifics on the card’s rewards program can be found on the CompareCards.com blog.
Old Navy Charge Card
The store’s charge card allows consumers to use plastic for purchases at Old Navy and then pay for the items after their monthly statement arrives. While you can still earn Old Navy rewards points using the charge card, CompareCards.com suggests staying away from this option as the rewards benefit doesn’t outweigh the stiff 24.99% interest rate charged on balances that carry over.
“It’s important to note that both of these credit card options carry pretty high interest rates as most department store offerings do, so consumers need to make sure to pay off their balance each month,” said Chris Mettler, president and founder of CompareCards.com. “For frequent shoppers who are paying their balances off, the Old Navy VISA Card offers some good rewards opportunities that can certainly save them money on future purchases.”
Alternatively, consumers can also find a variety of non-store-branded cards and cash back offerings that provide very lucrative rewards and incentives on specific purchases. CompareCards.com recently released a list of the Best Cash Back Credit Cards, offering insight on the top deals for consumers in this growing market segment.
With recommendations that put the consumer first, CompareCards.com provides crucial information for homebuyers, students, business travelers and others looking for guidance on credit card deals and other personal financing issues. CompareCards.com also offers live chat during normal business hours, providing visitors with access to expert credit specialists for additional assistance.
For more information on CompareCards.com, along with details on its services for consumers, just visit CompareCards.com.
CompareCards.com serves as an efficient navigational tool in the ever-increasing space of online credit card offerings. Started as a listing resource for consumers, the site has expanded steadily and now serves as a multi-dimensional service for users to compare credit cards side-by-side and utilize additional functions to manage their credit. The site analyzes details on more than 100 leading credit card offers and has been mentioned in Business Insider, ETV Public Radio, CBS Money Watch and MainStreet.com. For more information, just visit http://www.CompareCards.com.