If you’re a regular Belk shopper, you’re already familiar with the department store’s wide range of national brands and private-label fashions. But you might not be as familiar with the store’s credit card offerings.
The fashion chain’s Belk Rewards card, supplied by Synchrony Bank, comes in three different tiers, allowing shoppers to unlock greater rewards the more they spend. The card carries a variable annual percentage rate (APR) of 25.49%, and there is no annual fee.
While there are different tiers, all customers begin with the basic rewards card and qualify for the premier and elite cards based on annual spending.
The Belk Rewards Card
The “basic” Belk Rewards Card is a point-based card that earns three rewards points for every dollar spent on Belk merchandise, both in stores or at Belk.com. Points can be redeemed for merchandise, and 1,000 points equals $10. Cardholders also can easily make returns with no receipt necessary.
The Belk Premier Rewards Card
Belk Rewards cardholders who spend $600 in a calendar year can level up to the Belk Premier Card. Premier members get all the benefits of the basic card plus access to exclusive offers and a Flex Pay Plan, which can help cardholders avoid interest charges on billing periods when they meet certain payment requirements. Plus, Premier members earn four points for every dollar spent on Belk merchandise.
The Belk Elite Rewards Card
Cardholders who spend $1,500 in a calendar year can qualify for the Belk Elite Card. This card offers all the benefits of Premier card plus free shipping on items purchased in-store and online, quarterly sales days, birthday coupons and additional exclusive savings offers. Elite cardmembers get five points for every dollar spent.
Belk’s bonus points offer and introductory 20% off sale are enticing. In addition, store credit cards are usually easier to get than traditional credit cards because the required credit scores tend to be lower.
Beyond that, though, at 25.49%, the variable APR is pretty high, so carrying a balance without the Flex Pay Plan available to Premier and Elite members can get expensive very quickly.
Alternative Choice: Untethered Points Rewards Cards
As an alternative to store credit cards like those from Belk, shoppers may wish to look into rewards credit cards that aren’t tethered to a specific store. These cards reward spending at most locations and can be redeemed for a far greater range of rewards. Here are two of our favorites:
Chase Sapphire Preferred® Card
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Card Details +
Why We Picked It: The Chase Sapphire Preferred card earns two points for every dollar spent on travel and dining and one point for every dollar spent on everything else. Points can be redeemed for cash, gift cards or travel. Points redeemed on travel through the Chase Ultimate Rewards platform earn a 25% additional value. Chase is currently offering 60,000 point bonus when new cardholders spend $4,000 in the first three months.
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At publishing time, the Citi ThankYou Preferred and Chase Sapphire Preferred cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).
This article was last updated on September 15th, 2017.