Old Navy Credit Card

Old Navy, an apparel brand belonging to GAP Inc., largely caters to the clothing requirements of adults and teenagers, although it also focuses on kids and baby wear. The Old Navy credit card, issued by GE Money Bank (GEMB), comes with a large number of heavy discounts and offers for card holders. If you are interested in Old Navy clothing, you can apply for the Old Navy credit card either at an Old Navy store or online. Since the credit card is issued by GEMB, the privacy policy of GEMB, which is quite different from Old Navy’s privacy policy, applies to the credit card and the way it is used.

You can choose to apply for an Old Navy Card or an Old Navy Visa Card, which have certain common benefits. You will get 5 points for every $1 you spend at stores such as Banana Republic, Old Navy, Athleta, Piperlime and Gap and 1 point for every $1 you spend at any other location that accepts Visa cards. Whenever you collect 1000 points, you can exchange them for a Reward Card worth $10. This Rewards Card is a type of gift certificate that you can use to purchase anything you like at Old Navy or its partner stores.

Besides, you will be notified of sale events and latest trends well in advance and get special birthday savings, 24/7 access to your online credit card accounts, exclusive promotions and offers, 10 percent cut on purchases made on Tuesdays at Gap, Old Navy and Piperlime and 1 point for every $1 spent at locations that accept Visa cards such as groceries, pharmacies, gas stations, restaurants and others. If you apply for your Old Navy credit card right away, you will get a 10 percent cut the first purchase you make on your card. The Old Navy credit card comes with an optional card security of as much as $10,000 in case of events such as leave from work, unemployment, illness, loss of life and others.

Applicants need to be have completed 18 years of age, have a bankruptcy-free credit history and should be residents of Puerto Rico or the US. Moreover, they should not have been denied credit at GEMB for the past 6 months.

As an Old Navy credit card holder, irrespective of whether you hold the proprietary card or the Visa card, you can easily avoid having to pay interest on purchases made. Note that the due date is 23 days after each billing cycle comes to an end and you will not be charged any interest if you make your credit card payments by the due date every month. In case you fail to do this, you will be charged interest, but it will not be more than $1.50. The late penalty fees can be as high as $35.

You can find some great credit card tips if you visit the Federal Reserve Board (FRB) website at http://www.federalreserve.gov/ and it is highly recommended that you do so before applying for this credit card.