![Old Navy Credit Card Review ([current_year])](https://www.cardrates.com/images/uploads/2017/09/OldNavy-Cover.png?width=415&height=216 "Old Navy Credit Card Review ([current_year])")
Old Navy, a popular purveyor of clothing and accessories, was established as a subsidiary of The Gap, Inc. almost 25 years ago in 1984. Old Navy is typically considered the most affordable of the corporation's mainstream fashion brands, and currently has over 1,100 locations across the US, Canada, and Puerto Rico.
Designed for dedicated Old Navy shoppers, the Old Navy Credit Card provides an easy way to earn rewards and savings on your purchases at any Gap Inc. brand location, both in-store and online. This means you can shop — and earn rewards — on any Old Navy, GAP, Banana Republic, or Athleta purchase made with your Old Navy card. However, purchasing is limited to these brands with the closed-loop Old Navy Credit Card and you won't be able to pay your bill in-store.
Old Navy Card Overall Rating: 2.5/5.0
With a high 25.99% APR, the Old Navy Credit Card isn't for those who like to maintain a balance, as the interest fees will likely add up fast, especially if you're a big spender. In addition, overall limits are reported to be low, and some reviewers mention having their credit limits lowered due to carried balances. That said, for frequent shoppers, the card may still be worthwhile despite the APR and low limits.
To start, new cardholders can enjoy 15% off their first Old Navy Card purchase made within 90 days of account opening. Cardholders will also be eligible for ongoing Old Navy Rewards, earning points at a rate of 5X points per $1 spent on Gap Inc.-brand purchases, in-store or online. Members can earn a $5 Reward for every 500 points redeemed, and Rewards can be used toward any qualifying brand purchases.
Old Navy Credit Card
- APR: 25.99% as of Jul 2019
- Annual Fee: $0
- Rewards: Earn 5X per $1 on Gap Inc.-Brand Purchases
While rewards are capped at $250 per billing cycle, the remaining points are added to Rewards in a future billing cycle, so you won't lose out if you earn more than allowed. Of course, as with most store cards, the best perks and rewards are given to those shoppers who spend the most, and the Old Navy Card is no exception.
In fact, those who earn 5,000 or more points on their Old Navy Card in a single calendar year will qualify for Navyist status, the highest cardholder status offered by the company. Those with Navyist status earn 20% extra Reward points every quarter, free shipping on any online order, and free basic alterations on Banana Republic purchases. Navyist members will also have access to a private, toll-free priority line anytime they need assistance.
Approval Requirements & Application
As a store credit card, the Old Navy Card will be easier to qualify for than a regular credit card and will be more likely to approve those with poor or limited credit. Although you can't pay your credit card bill in-store, you can apply for the card at any Old Navy location. You can also apply online through the Old Navy website using the link below.
Better Cards to Use at Old Navy
If the majority of your clothing sports an "Old Navy" tag, you'll probably find the Old Navy Credit Card to be a great tool for earning useful rewards. At the same time, those who aren't so enamored with the brand as to earn Navyist status will likely find a flexible, all-purpose rewards card more worthwhile — and significantly more valuable.
Cash Back
Cash back credit cards award a percentage of your purchases as cash back rewards, which can be redeemed for gift cards, a check, or a statement credit. Most programs offer unlimited rewards at a low rate, while some will offer bonus rewards at a higher rate for purchases in specific categories. For added variety, try a card offering bonus rewards in rotating categories that change each quarter.
- INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
- Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
- After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
- No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
- Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.24% - 23.99%.
- No annual fee - You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
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Intro (Purchases)
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Intro (Transfers)
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Regular APR
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Annual Fee
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Credit Needed
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|---|---|---|---|---|
0% Intro APR on Purchases 15 months
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0% Intro APR on Balance Transfers 15 months
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15.24% - 23.99% Variable
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$0
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Good/Excellent
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0% APR
Introductory 0% APR offers allow cardholders to carry a balance interest-free for a year or more. Considering the average credit card interest rate tops 16%, a good intro APR offer can save you thousands in interest fees. Pair an introductory 0% APR offer with cash back or travel rewards to really make the most of your savings.
- Start off strong with 0% Intro APR for 18 months from account opening on purchases and balance transfers. A variable APR of 15.24% - 23.99% on balance transfers and purchases after the introductory period ends.
- Lower your interest rate by 2% each year. Automatically be considered for an APR reduction when you pay on time, and spend at least $1000 on your card by your next account anniversary.
- Raise your credit limit. Get an automatic, one-time review for a higher credit limit when you pay on time, and spend $500 in your first six months.
- All for no annual fee - You won't have to pay an annual fee for all the great features that come with your Slate Edge℠ card
- Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more
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Intro (Purchases)
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Intro (Transfers)
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Regular APR
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Annual Fee
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Credit Needed
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|---|---|---|---|---|
0% Intro APR on Purchases 18 months
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0% Intro APR on Balance Transfers 18 months
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15.24% - 23.99% Variable
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$0
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Good/Excellent
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Travel Rewards
Whether you're a weekend jet-setter or just an annual-tripper, a good travel rewards card can make your next adventure more affordable by saving you money on flights, hotels, and other travel-related expenses. Cardholders can earn points or miles for every purchase, and some cards offer bonus miles for spending in specific categories. You can jump-start your savings with a travel card signup bonus, which can be worth thousands of miles if you can meet the spending requirement.
- Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
- Earn unlimited 2X miles on every purchase, every day
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $100 credit for Global Entry or TSA PreCheck®
- Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
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Intro (Purchases)
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Intro (Transfers)
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Regular APR
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Annual Fee
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Credit Needed
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|---|---|---|---|---|
N/A
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N/A
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16.24% - 24.24% (Variable)
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$95
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Excellent, Good
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If your annual Old Navy budget is enough to earn you elite Navyist status, then the Old Navy Card can be a worthwhile addition to your wallet. If you're only in your local store for sales and clearance bargains, you'll likely get much more value out of a card that will earn you rewards on more than a few pairs of $3 flip-flops.
What Others Say About the Old Navy Credit Card
Although the Old Navy Card undoubtedly has its benefits, the consensus seems to be that it's not very valuable to the average cardholder. Take a look at some other Old Navy Card reviews from around the web.
As with all store cards, you need to ask yourself how much do you spend at this store per year? Old Navy’s clothes are low priced to begin with, so just to earn $50 in rewards (5,000 points) once per year, you would need to be spending $1,000 there. If you do spend thousands per year there then the Old Navy credit card might make sense. If not, their credit card may not be worth the hassle. So, bottom line, the Old Navy card along with any other store credit card is a fairly bad deal when you look at the other options available to most people with decent credit in the marketplace. If you like Old Navy that probably means you’re a shopper – so why not shop around for a better deal? — CreditCardForum.com
”
I had a $300 balance. Paid my card on time each month and never once maxed it out. They decided to LOWER my credit limit without notice meaning it dropped my credit score. No reason when you're paying your card and being responsible with it!!! — CreditKarma.com
”
For the hardcore Old Navy shopper, the Old Navy store credit card is definitely worth it, especially if you can obtain the Navyist status. The premium status means that you earn an effective 6% rewards on all purchases at Old Navy, The Gap, Banana Republic, and Athleta...If you don't fit the optimal criteria as an Old Navy store credit card customer, you're much better off with one of the cash back credit card alternatives. These alternatives will offer nearly as many rewards, but the rewards come in the form of cash. It is more versatile because you're not forced to use your rewards just for Old Navy purchases. — MyBankTracker.com
”Is the Old Navy Card Right for You?
Old Navy aficionados will enjoy the extra savings from the points and Rewards earned with their Old Navy Credit Card, especially if they also frequent the other Gap Inc. brands. The best value comes from reaching Navyist status, which unlocks extra points and other perks. Anyone who'd rather earn rewards on everything they buy — instead of being limited to a handful of mall stores — should stick with an all-around rewards card.
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