Other than the ability to earn cash back on all of your purchases and redeem them as statement credit, this card comes with a straightforward design. However, that doesn’t mean the card has nothing else to offer.
As most modern credit cards, the Comenity Mastercard comes with tap to pay technology, and it can also be added to your phone’s e-wallet so you can pay with Apple Pay.
This card comes with zero liability for unauthorized purchases as part of Mastercard’s coverage, and applies to any purchase whether it’s been done in person at a store, online or over the phone.
If your card is ever lost or stolen, you can have access to a replacement card by the next day across the U.S., and within two business days almost anywhere else, so that you always have access to your account when you need it. If you need access to funds earlier than that, you can take advantage of the emergency cash advance feature, generally 15 minutes within the U.S. and one hour almost everywhere else.
Featured Partner Offers
Credit Score
Excellent, Good, Fair
Regular APR
19.24% - 29.24% (Variable)
Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
Earn $200 in cash back after you spend $1500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® points, which can be redeemed for $200 cash back.
Welcome Bonus
Cashback Match™
Credit Score
Excellent/Good
Regular APR
18.24% - 28.24% Variable APR
Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
INTRO OFFER: Unlimited Cashback Match for all new cardmembers – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
On Chase Bank USA, NA's Website
Welcome Bonus
Up to $300 cash back
Credit Score
Excellent, Good
Regular APR
20.49% - 29.24% Variable
Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.
Earning and Redeeming Rewards
Every time you use your card to make purchases, you will earn an unlimited 1.5% cash back. Your cash back will be applied as a statement credit, and while that doesn’t give you the flexibility to choose what you want to spend your rewards on, it also frees you from trying to find best uses for the rewards you earn.
When redeeming your cash back, make sure to continue making your minimum required payments, it may take up to six business days to post.
From time to time, Comenity may offer bonus cash back for special offers allowing you to earn additional rewards. Terms apply, so make sure to read them as they may contain conditions or limitations like blackout periods, earning caps or any sort of exclusions, as well as other requirements like previous registration to qualify for the special offers.
Rewards Potential
To arrive at this number, Forbes Advisor uses data from various government agencies in order to determine both baseline income and spending averages across various categories. The 70th percentile of wage-earning households brings in $118,438 annually and has $78,893 in standard expenses. Assuming 50% of such expenses are charged to this card, total annual card spending would be $39,545.
The total cash back earned by our sample household would be about $593.18, plus the welcome bonus. Because everyone’s spending patterns differ, we suggest you look at your shopping habits and compare the rewards earned for any card you are considering.
FAQs
No, Comenity Bank is not owned by Capital One, it is a Bread Financial company that mostly issues store credit cards. Capital One, on the other hand, is one of the biggest banks in the U.S., offering a range of financial products and services, including credit cards, auto loans, and savings accounts.
What are 5 things credit card companies don t want you to know? ›
6 Things Credit Card Companies Don't Want You to Know
- 1) Your “fixed rate” isn't set in stone. “Fixed rate” sounds deceptively solid. ...
- 2) The “45 day notice” is misleading. ...
- 3)They profit from your loss. ...
- 4) They're (sometimes) willing to negotiate. ...
- 5) They like to sneak in fees. ...
- 6) They charge merchant processing fees.
You need a credit score of 640 or higher to get a Comenity Bank credit card in most cases. That means you need at least fair credit to get approved. However, there are some Comenity credit cards that require a credit score of 700 or better (good credit).
Is Comenity Bank changing its name? ›
It's now Bread Financial, a financial services company offering payment, lending and savings products, among others. That means if you're already a Comenity cardholder, you'll eventually see Bread Financial and its new logo replace the Comenity Bank name and logo.
What is the lawsuit against Comenity Bank? ›
A TCPA class action lawsuit was filed against Comenity Bank—which owns a number of popular store credit cards like Abercrombie and Fitch, Crate & Barrel, Ann Taylor, and Victoria's Secret just to name a few—alleging the bank placed call to consumers' cell phones using an automatic telephone dialing system and/or a ...
Why is Comenity Bank closing my credit cards? ›
Your Comenity Bank credit card could have been closed for various reasons, including the following: Inactivity. Your account was in default. Missed payments.
What is the number one rule for credit cards? ›
Important Rules for Credit Cards
Always pay on time. Pay your balance in full each month, if possible. If not, pay as much above the minimum required payment as you can. Try to keep your credit utilization below 30% of your card's credit limit.
How many credit cards should you not have? ›
Owning more than two or three credit cards can become unmanageable for many people. However, your credit needs and financial situation are unique, so there's no hard and fast rule about how many credit cards are too many. The important thing is to make sure that you use your credit cards responsibly.
Which type of credit card carries the most risk? ›
Answer and Explanation: Among the types of credit card, the one that carries the most risk are: Unsecured credit cards that have variable interest rate.
What are the easiest Comenity cards to get? ›
Easy Comenity Bank Credit Cards to Get in 2024
- Overall: Loft Store Card.
- Clothing Purchases: Express Credit Card.
- Children's Shopping: Carter's® Credit Card.
- Jewelry Purchases: Helzberg Diamonds Credit Card.
Cards issued by Comenity Bank are generally easy to get approved for even if your credit score is lower than average. Easy approval can be attractive if you're working on building or repairing your credit.
Does Comenity Bank automatically increase credit limit? ›
Comenity occasionally reviews credit card accounts to see whether they can automatically increase credit limits for select cardholders, based on creditworthiness. Automatic increases will result in soft inquiries and won't affect your credit score as a result.
What Bank owns Comenity Bank? ›
This card issuer, a subsidiary of Bread Financial Holdings, has long been known for offering dozens of store credit cards from popular retailers like Big Lots, IKEA and Ulta Beauty. If you're curious about the cards Comenity Bank offers, read on to learn more.
Is Bank of America merging with Comenity Bank? ›
Welcome! In October 2022, Comenity Capital Bank will take over issuance and servicing of your existing AAA credit card account from Bank of America®. Your new card will change its name to AAA Travel Advantage Visa® Credit Card and provide added best-in-class benefits and service to your account.
Is there a breach with Comenity Bank? ›
Q. Was Comenity Bank hacked? A. No, we did not experience a cyber attack of any kind.
Who owns Comenity Bank? ›
What credit card company uses Comenity Bank? ›
Stores that offer retail credit cards through Comenity Bank
Ann Taylor Credit Card* Welcome Rewards™ Store Credit Card (Bed Bath & Beyond)* Big Lots Credit Card* Eddie Bauer Credit Card*
What is the other name for Comenity Bank? ›
Bread Financial
| Formerly | Alliance Data Systems Corporation (1996–2022) |
|---|
| Total equity | US$1.521 billion (2020) |
| Number of employees | ~8,000 worldwide (2023) |
| Subsidiaries | Comenity Bank Comenity Capital Bank |
| Website | breadfinancial.com |
14 more rowsCapital One has been a subsidiary of Capital One Financial Corporation since 1994, and it is the 2nd-largest credit card issuer in the United States, with 109.9 million cards in circulation.
