Although Belk mainly offers affordable prices, it’s always wise to avail of discounts and rewards to save big and buy more. If you’re looking for one such way, you can do so through the Belk credit card.
Whether you have a Mastercard or a simple Rewards+ Card, these discounts apply to both of them, but with a few exceptions. Let’s dig into more details to learn why shopping through a Belk credit card is the best option.
Belk Credit Card Benefits and Rewards
The Belk credit card is issued by Synchrony Bank. It has two versions:
- Belk Rewards+ Card: This one can only be used to make in-store purchases and on the website. This is a closed-loop card.
- Belk Rewards+ Mastercard: You can use it anywhere a Mastercard is accepted. This is an open-loop card.
When applying for a Belk credit card, there will only be one application form to fill out. The card you will get will be based on your credit score and overall financial record.
The perks of both versions are more or less the same. However, once you get the Belk Rewards+ Mastercard, you will also be eligible for rewards on purchases outside of Belk.
Here are some benefits to experience.
- With a card, you can earn rewards rates ranging from 4% to 7% back in rewards, depending on your level of spending each year.
- You also get exclusive discounts and savings on purchases made at Belk stores and on belk.com.
- This credit card allows you to enjoy a wide selection of products, including apparel, home goods, cosmetics, and more.
- You can use the Belk app to manage your account, earn and redeem rewards, and get push notifications for great deals.
- Take advantage of financing options to help spread the cost of large purchases over time. This technique allows you to save big on your purchases.
Earning Rewards
Just like other credit cards, a Belk one is also designed to support loyal customers and big spenders. There are spending tiers available that encourage you to spend more and earn extra.
Here is what you can expect to earn from the card when you spend at Belk.
- When you spend $299.99 or less per calendar year, you become a part of the ‘Insider’ tier. This means that you earn 4 points per $1 spent at Belk, which is equal to 4% back in store rewards.
- If you spend between $300 and $999 per calendar year, you reach the Premier level. At this stage, you can earn 5 points per $1 spent at Belk, which is almost equal to 5% back in-store rewards.
- Once you spend $1,000 or more per calendar year, you are eligible to earn 7 points per $1 spent at Belk. This is equivalent to 7% back in-store rewards. At this stage, you become a part of the Elite status.
You can earn all the above points and rewards on any of the two card versions. However, there are some additional perks with the open-loop Belk Rewards+ Mastercard.
For instance, you can earn 2 points per $1 spent on gas and grocery purchases. In addition, you can get 1 point per $1 spent on all your other non-Belk purchases.
Isn’t that all that you need to invest in this credit card?
Managing Your Account
Suppose you have received your card and have planned to use it. In that case, ensure that you manage your account wisely to save yourself from shockers.
Make sure to access your account information and manage your Belk Rewards credit card through the Belk app or website. This is one of the easiest ways to know your balance and analyze your spending.
You can also use the user-friendly application to get notifications for great deals and offers and enjoy quick and easy checkout. The notifications can help you know about all that is on offer so you can save big on your spending.
Additionally, the application can be used to track your rewards and purchases. You can also use it to locate your nearest Belk store and pay a visit when necessary.
The great thing about Belk is its contact customer service. You can contact the Help Center for assistance with your account or to report any issues. They will not disappoint you!
Financing Options and Terms
At this point, Belk’s credit card offers various financing options. You can pick any of these to spread the expenditure on large purchases over a long time.
For instance, the Table Top Special Payment Plan can be used to make Conn’s purchases at Belk. Similarly, the Fine Jewelry Special Payment Plan is available for in-store jewelry purchases worth more than $500.
The plans work similarly to buy now, pay later options. They allow you to finance your purchases using the Belk card but without interest.
However, you must pay the agreed-upon minimum amount every month. Ensure that you read all the terms and conditions before taking up any of these plans.
Redeeming Rewards
Once you have earned the rewards, it is time to redeem them. Belk credit card automatically allows you to earn $5 in Belk Rewards Dollars for every 500 points earned.
The rewards you get can be used to make purchases in-store, online at belk.com, or through the Belk app.
That said, to make your reward-earning system smooth, ensure that you go through the expiration date of rewards certificates. Also, read all terms and conditions to avoid disappointments.
Interest Rates and Fees
Every credit card comes with some fees and interest rates. When using the Belk credit card, you must be aware of the variable APR approaching 30% on both the Belk Rewards+ credit card and the Belk Rewards+ Mastercard.
If you want to save yourself from hefty interest charges, avoid carrying a balance on the card. This can be achieved by paying your balance in full every month to earn maximum rewards.
Applying for the Belk Credit Card
With so much to offer, the Belk credit card is worthy of your attention. Therefore, don’t delay; apply for it on the website.
Once you get your credit approval, you will be eligible for a 20% off coupon, which is valid on the first day of purchases made on a new account.
You also get 1,000 Bonus Belk Reward points after you use the card on its first day. The card gives you the liberty to spend at Belk without thinking twice. This freedom allows you to grab the best deals and offers available both in-store and on the website.
Card Limitations and Considerations
While the Belk credit card has many positives, you shouldn’t overlook its limitations when considering applying for it. Here are a few:
- When redeeming rewards, you have only a $200 limit on single transactions. This means that you can’t redeem points worth more than this amount.
- You must always go through the terms and conditions of financing plans, including their interest rates and fees, to finally select one.
- Make sure that you use the card or Belk purchases only.
- At Belk, while the team strives to offer the best customer support, there can be certain glitches at times. Make sure that you are ready to accept them.
Conclusion
Shopping with a Belk credit card is truly an exceptional experience. You not only become a member of the Belk family but also get access to exclusive deals and rewards. If you play smartly, you can save hundreds of dollars on your next purchases.
Don’t wait for more, and get your credit card now by filling out an application form. Shop till you drop!
