Are you also a fashionholic who loves shopping? Do you also do bargaining and look for discounts? If yes, then you may find this article helpful as today we will be telling you about TJ Maxx Credit Card. If you live in the US then you must have heard about TJ Maxx which is one of the leading apparel stores and home goods retailers of TJX Companies. This store claims to provide high-quality products to customers and branded products for discounts up to 20% to 60% below the original prices.
Moreover, if you are a frequent TJ Maxx customer then you can use a TJ Maxx credit card to avail maximum benefits while purchasing at TJ Maxx. A few of the perks of having a TJ Maxx credit card include online and in-store discounts, reward certificates, and exclusive shopping events. So let’s explore more about TJ Maxx credit cards in detail along with other information that you might find helpful.
About the T.J. Maxx Credit Card
TJ Maxx Credit Card is a great way to get maximum benefits while shopping at TJ Maxx. By using this card, you can earn 5 points per $1 at TJ Maxx, HomeGoods, Sierra, and Homesense stores in the US. It also provides 1 point per $1 for participating in E-Commerce sites that operate under these brands. You can also get a 10% percent coupon for using this card at affiliated stores. TJ Maxx offers you two different types of credit cards which are issued by Synchrony Bank.
The first card is the TJX Rewards Credit Card which is a store card that you can use only at T.J. Maxx and its associated brands in the U.S. or through any of the websites. The second card is the TJX Rewards Platinum Mastercard which can be used anywhere as Mastercard is accepted everywhere.
If you want a TJ Maxx Credit Card then you can apply for it online or at a T.J. Maxx store for getting a TJX Rewards Credit Card. Moreover, if you meet the credit requirements for the Platinum Mastercard, then you may afford that card as well. In case, you apply for the Platinum card but it doesn’t get approved, then you might be offered the store card instead. The good thing is that both cards will earn you points toward reward certificates so you can use any of these cards. As you may know, most of the certain terms for each of the cards are the same. For instance, both have a high variable APR or Annual Percentage Rate that can vary depending on the prime rate. If the prime rate increases, so will your APR, and vice versa.
Once you get a TJX Rewards Credit Card, you will get 10% off your first online or in-store shopping as a welcome bonus. After that, you will also start to earn points as per the rewards program. Once you get 1,000 points, you will get a $10 Rewards Certificate that you can use during your next purchase at T.J. Maxx, Marshalls, HomeGoods, Sierra Trading, and Homesense stores in the US. Another interesting thing about the TJ Maxx cards is that card owners are also invited to take part in exclusive shopping events.
Benefits of Using TJ Maxx Credit Card
In case you are still wondering why you should use a TJ Maxx credit card, then are the top reasons to use a TJ Maxx credit card as described below:
- Earn 5% cash back on T.J. Maxx shopping
T.J. Maxx offers “5% back in rewards” for using a TJX Rewards Credit Card at its stores. As per this reward rate, you will earn five reward points for every dollar you spend from your card at T.J. Maxx or other related stores. The good thing is that the points don’t expire and will be collected in your account until you reach a maximum of 1,000 points. Once you reach this limit you will get a $10 certificate. So you can get almost $10 back for every $200 you spend on shopping at the TJ Maxx store.
They provide a physical certificate to you through the mail with your statement within one to two billing cycles after you win 1,000 points. Moreover, you can also access and print your certificates from your online account to use. These certificates are valid to use for two years from the issued date. You can use these certificates online at TJMaxx.com or even at T.J. Maxx, Marshalls, HomeGoods, Sierra Trading and Homesense shops in the United States and Puerto Rico. However, they can’t be used for purchasing gift cards, gift certificates, e-gift cards, or any third-party gift cards, and you cannot also trade them for cash.
- Get a 10%-off welcome bonus
A discount is always a sufficient benefit when you start using a new credit card. For a T.J. Maxx card, you will get a 10%-off coupon for your first purchase. However, there are a few conditions to get this welcome bonus.
First, if you want a discount then you need to use your new TJX Rewards card for the purchase. Second, if you apply online and receive a coupon code, then it is only for use on the store website on which you applied. However, you can also print out the coupon to use at any U.S.-based TJX store such as T.J. Maxx, Marshalls, HomeGoods, Sierra Trading, or Homesense shops. Third, if you apply for a card through a mobile device then you can only use your 10% coupon in-store.
- Personal discounts for Cardholders
Another benefit of having a TJX Rewards Card is getting special discount opportunities, such as participating in exclusive private shopping events. When you apply for the card, you can also select the option to receive special offers through email.
- Fairly high APR
Like most cards, the T.J. Maxx credit card APR is quite high. If you don’t pay off your balance every month, you may end up paying much more than you traded for your purchases when you add in the interest. And paying high interest implies that your rewards will not be left for more time. For instance, you may earn a $10 rewards certificate but end up paying $20 in interest charges.
- Use at T.J. Maxx stores and related brands
One drawback of any store credit card is that you can only use it to make purchases with that particular brand. But the good thing is that T.J. Maxx is a little better as you can use your TJX Rewards Card at any of the TJX stores in the U.S. Moreover, you can also use it to shop at Marshalls, HomeGoods, Sierra Trading Post, or Homesense.
In addition to this, you can use the TJX Maxx Platinum Mastercard anywhere as it is accepted. However, you have to pay a high-interest rate if you don’t pay off your balance each month. And you will also not get much in rewards as you will earn only one point per dollar purchasing at outside brands.
Who should use the T.J. Maxx credit card?
The TJ Maxx Credit Card is a great deal for those who love to purchase a lot from T.J. Maxx or its associated brands. Moreover, if you are among those who are loyal to the brand then you should have a TJ Maxx Credit Card. TJ Maxx Credit Card can help you keep eye on your rewards points, maximize the discount chances that come during the year, and pay your balance off each month. So by using this card, you may be able to get some decent value out of this credit card.
In addition to this, the T.J. Maxx credit card also does not charge a foreign transaction fee from card owners. This is a good deal if you are planning to travel abroad and don’t have time to open a new credit card account, then you can just use your T.J. Maxx card and you do not have to not pay any costly fees.
What credit score is needed for a T.J. Maxx card?
If you want to apply for TJ Maxx Credit Card then you will need a credit score of 620 or above for qualifying the criteria for owning a T.J. Maxx credit card. Moreover, If your credit score is 670 or above, then you can look for better credit card options such as cashback cards like the Chase Freedom Flex℠. The rewards you will earn shopping at T.J. Maxx stores would have much more flexible and lucrative redemption possibilities with no annual fee.
How to apply for the T.J. Maxx credit card?
If you also want to have a TJ Maxx credit card then you can simply apply for a TJX Rewards Card at any T.J. Maxx store. A customer service representative will help you with the overall application and it will be processed instantly. Moreover, you can also apply for a credit card online at the T.J. Maxx website. For either of the methods of application, you will be required to provide a little information including your name, address, phone number, email, Social Security number, and annual income. However, you cannot apply for a credit card over the phone so you can either visit the store or their official website.
Once your application is approved and you get a card, then you can manage your credit card account online. You will receive monthly statements, and you can choose whether you want your statements on paper or electronic copy. You are also allowed to pay your bill through your online account, via your mail, or even over the phone call. T.J. Maxx doesn’t support an in-store payment option.
Alternatives to the T.J. Maxx card
TJ Maxx credit card is a great option that offers many benefits to users. The TJX Rewards Card does have some useful features, but if you may want to look into an everyday rewards card to get the most out of your card then here are a few alternatives to explore. These cards offer more flexible spending opportunities along with they offer you a chance to get cashback rewards that you can use anywhere. So here are the top alternatives to TJ Maxx credit card as mentioned below:
- Capital One QuicksilverOne Cash Rewards Credit Card
The Capital One QuicksilverOne Cash Rewards Credit Card provides you with endless 1.5% cash back on all purchases. It also offers 5% unlimited cash back on hotels and rental cars that you book through Capital One Travel. The good thing is that you can redeem your rewards at any amount and at any time. This card also does not have any foreign transaction fees. Moreover, Cardholders get automatic consideration for a higher credit line as soon as six months get complete from the date of opening their account.
- Chase Freedom Unlimited®
If you have a Chase Freedom Unlimited® card, then you can earn 5% cash back on travel purchased through Chase Ultimate Rewards. You will also get 3% cash back on dining and drugstore purchases, and 1.5% cash back on all other shopping. They also offer an extra 1.5% cash back on all eligible purchases, of up to $20,000, in the first year of having a card. You’ll receive a 0% introductory APR on your purchases for 15 months after that it will vary from 17.99% to 26.74%.
- Citi® Double Cash Card
Another alternative is the Citi® Double Cash Card – 18-month BT that offers various benefits to analyze. With this card, you can earn up to 2% cash back on all purchases that include 1% on what you buy and 1% as you pay for those purchases.
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Conclusion
The TJX Rewards Credit Card is a good credit card that you can use to get discounts at TJ Maxx stores. This card can help you get good savings at TJ Maxx, Marshalls, HomeGoods, and Sierra stores. There are several benefits of applying for a new TJ Maxx credit card and you can use it whenever you shop at TJ Maxx brand stores. However, there are a few drawbacks of using a TJ Maxx credit card that you should consider before opting for it. In case, if you want to apply for just one new credit card that provides you discounts and rewards then we will recommend you consider other options as well. The reason behind this is that for purchases outside TJ Maxx stores, most consumers prefer sticking to a cashback credit card while TJ Maxx credit card does not provide you cash back. We hope you found this guide helpful and now you know everything about TJ Maxx credit card and if it is worth using or not.
Frequently asked questions
1. Which bank issues the T.J. Maxx Credit Card?
Ans. Synchrony Bank is the financial institution that issues the T.J. Maxx Credit Card, and it is a Mastercard issuer as well.
2. Why does the T.J. Maxx credit card ask for your Social Security number?
Ans. If you want a TJ Maxx credit card then you will have to undergo a hard credit inquiry to get your credit card approved. Your Social Security number is asked at the time the credit check is performed so that your credit file can be attained. So you have to provide your social security number.
3. How can you check the balance of your T.J. Maxx credit card?
Ans. You can check the balance of your T.J. Maxx credit card from MyCreditCard account. However, If you have not registered for an account, then you will require your credit card number and billing zip code to create a new credit card account and then you can check your balance.
4. Can you pay your T.J . Maxx credit card bill online?
Ans. Yes, You can pay your T.J. Maxx credit card bill online by logging into your account at the MyCreditCard.com site. In addition to this, you can also sign up for getting electronic statements.
5. How can you cancel your T.J. Maxx credit card?
Ans. If you want to cancel your credit card, then you can call 800-952-6133 if you own a T.J. Maxx Rewards Card and if you own a TJ Maxx Platinum MasterCard then call 877-890-3150.
