Review of The Banana Republic Credit Card and The Banana Republic Visa Credit Card

Brendan Harkness

Brendan Harkness | Reviews

Dec 05, 2014 | Updated May 18, 2016

Although Credit Card Insider does receive compensation from some card issuers as advertisers, this does not in any way influence our overall judgement of a card. Banana Republic has not endorsed this content in any way.

Learn more about how we rate credit and charge cards.

Banana Republic offers two choices for consumer credit: the Banana Republic Credit Card and the Banana Republic Visa Credit Card. The first is for only shopping at Banana Republic and affiliated stores, but the second can be used anywhere Visa is accepted. Both cards will earn rewards points and help you save money, but watch out for the high APR’s.

Banana Republic Card
Apply Now

Banana Republic Card

For People with
Fair Credit

  • Annual Fee: $0
  • Interest Rate: 24.99% (Variable)
Quick Card Facts
  • Earn 5 points for every $1 spent on Banana Republic and affiliate brands, both in-store and online
Banana Republic Visa Credit Card
Apply Now

Banana Republic Visa Credit Card

For People with
Fair Credit

  • Annual Fee: $0
  • Interest Rate: 24.99% (Variable)
Quick Card Facts
  • Earn 5 points for every $1 spent on Banana Republic brands, in-store and online
  • Earn 1 point for every $1 spent on all other purchases
  • Double points shopping days; double points on eligible purchases on select days throughout the year

The Rewards

Banana Republic Credit Card

The standard credit card provides 5 points for every 1 dollar spent at the Banana Republic and affiliated stores, which are:

  • Gap
  • Old Navy
  • Piperlime
  • Athleta

New applicants can also receive 2,000 bonus reward points for signing up for voice and email message updates.

A $10 reward certificate will be issued for every 1,000 points earned (the equivalent of spending $200).

Banana Republic Visa Credit Card

The Visa version of the Banana Republic card offers all of the benefits described above, but, since it can be used anywhere, it also provides 1 point for every 1 dollar spent outside of the stores listed above.

The Benefits

Banana Republic Credit Card

These cards offer several additional shopping benefits for cardholders.

New applicants will save 15% on their first purchase from Banana Republic, as long as it is made within 90 days of opening the card.

Cardholders will receive access to exclusive deals and sales throughout the year, and get advance warning on new items and upcoming sales. Each year, a special birthday offer will be mailed.

By spending at least $800 in 1 year, cardholders will be automatically upgraded to the Banana Republic Luxe card, which features more benefits. These include:

  • Choose your own sale day
  • Free shipping for online purchases
  • Free basic alterations on purchases from Banana Republic
  • Access to Luxe-only sales and events
  • An exclusive customer service phone line
  • 20% additional reward points
  • Triple points shopping days

Banana Republic Visa Credit Card

The Visa version of this card includes all of the offers listed above, as well as access to additional benefits provided by Visa. The exact benefits that come with the card are not publicly disclosed, but you can read about the available Visa benefits here.

It can also be upgraded to the Luxe card.

Banana Republic Luxe Credit Card
Apply Now

Banana Republic Luxe Credit Card

For People with
Fair Credit

  • Annual Fee: $0
  • Interest Rate: 24.99% (Variable)
Quick Card Facts
  • Earn 5 points for every $1 spent on Banana Republic brands, in-store and online
  • Earn 1 point for every $1 spent on all other purchases
  • Earn 20% additional reward points at of the end of each quarter
  • Triple points shopping days; triple points on eligible purchases during select days throughout the year

The Costs

Card Regular APR Cash Advance APR Cash Advance Fee Foreign Transaction Fee
Banana Republic Card 24.99% (Variable)  Not Applicable Not Applicable Not Applicable
Banana Republic Visa 24.99% (Variable) 26.99% (Variable) 4%; Min:$10 3%

The Fees

Card Late Fee
Banana Republic Card Up to $38
Banana Republic Visa Up to $38

The Bottom Line

Unlike many store cards, the Banana Republic credit cards can be used at the other affiliated stores as well, making them a versatile way to save money on shopping. If you shop at those stores frequently, these cards could end up accumulating a lot of reward points. This effect will become even more powerful if you spend $800 and reach Luxe status.

With both of these cards, you’ll want to pay off your balance before the due date to avoid paying the high interest rate. If you don’t, you can quickly negate any savings you enjoyed with the card.

Insider Tip: Store cards can be riskier than general rewards cards; make sure that your store cards aren’t costing you money.
Was this helpful?
  • blackwidowbaby

    Don’t get this card. it’s a shady company and the employees shove the card down your throat. Fight the power!

    • John Ganotis

      @disqus_ruSGN2irfq:disqus Years ago I applied for a position at Old Navy. As part of the interview process they wanted me to pitch their credit card. And, I was applying for a job to work in the back restocking and stuff! They made it seem like a lot was riding on my ability to pitch the card even though it wasn’t a position where I would directly interface with customers. So, from my experience, at least one brand of this group relies on employees to push these cards hard!

      • blackwidowbaby

        I completely agree. Whenever the act of card pushing is brought up among employes, in casual conversation people get tense. I think it’s because they are afraid that if they don’t say bad things about it, their fellow co-workers will rat them out to management. The bosses clearly have their favorites, and publicly anoint them demigods in front of their peers.

  • Siriusly

    I had been paying my Banana Republic card via my online bank account, and requested ebills. More than a month later, Banana Republic/Synchrony Bank contacts me BY MAIL and tells me they are unable to send me ebills because they do not have my correct email address. But they don’t MAIL me my bill at this time. About a week later, I called them, as I was worried that I had not received a bill from them (I began to wonder if I had a bill at all).
    First, it took FOREVER to get a live person on the phone. Next, I was told by customer service that I owed $145 and some change. I said I still needed to see a bill–I always review my purchases. I was told to log on to my Banana Republic account. Umm, no. No other company does that. I don’t want an online BR account.
    When I pressed, I was told that there was a $27+ late charge on my card as well as a $3 interest charge. I said no–that is completely illegal to add those charges onto a bill that the customer has never received. The charges were immediately removed.
    I’m cutting up the card–and more than that, I’m not shopping at Banana Republic again. Shameful scheme to rip off customers.

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