Gap credit card review: Rewards for devoted shoppers

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In a Nutshell

There are two Gap credit cards: the GapCard and the Gap Visa® Card. Both cards allow you to earn and redeem rewards at any Gap Inc. brand store or online, but the GapCard can only be used at participating Gap Inc. brand stores.

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If you’re a regular shopper at Gap or any other Gap Inc. brand store — Athleta, Banana Republic and Old Navy — it might be a good idea to apply for a Gap credit card to earn shopping rewards, discounts and other perks.

There are actually two Gap credit credits offered:

  • Gap Visa® Card
  • GapCard (valid only at participating Gap Inc. brand stores)

After applying for a Gap credit card, you’re considered for the Gap Visa® Card. If the card issuer, Synchrony Bank, doesn’t approve you for that card, you’ll then be considered for the Gap store credit card: GapCard.

What kind of rewards can you get with a Gap credit card?

Both credit cards — GapCard and Gap Visa® Card — offer five points for every $1 spent at Gap Inc. brand stores, both in-store and online. Points can be redeemed for shopping rewards. But the GapCard is a closed-loop credit card, which means cardholders can only use their card at participating Gap Inc. stores.

Holders of the Gap Visa® Card, on the other hand, can use their card everywhere that accepts Visa and can earn one point per $1 on purchases outside Gap Inc. stores.

With both cards, every 500 points will earn you a $5 reward redeemable at Gap Inc. brand stores.

In addition to rewards, there are other perks that come with the card: 20% off your first purchase, an annual birthday gift for eligible cardholders who’ve made at least one purchase at Gap or Gap Outlet on their card in the previous 12 months, and a current promotion that offers 10% off qualifying purchases made at Gap and Gap Factory stores in the U.S. (ends July 31, 2018).

FAST FACTS

Gap credit cards vs. cards from other Gap Inc. brands

Gap Inc. includes five brands: Gap, Athleta, Banana Republic, Old Navy and Intermix. Intermix isn’t a part of the rewards program, but each of the other Gap Inc. stores offers its own credit card. The primary difference between the suite of Gap Inc. credit cards — the GapCard, the Athleta Credit Card, the Banana Republic Credit Card and the Old Navy Card — is the branding.

The rewards, perks and privileges are nearly the same for every card, but there are some differences. For example, the Athleta Credit Card offers a $20 sign-up bonus and two expedited shipping passes per year, while the Banana Republic Credit Card offers a sign-up bonus of 20% off your first online purchase and double-points shopping days. The differences might seem small, but they may matter if you tend to shop at one of these stores more than the rest.

What we like Heads up
  • 5% back in points on all Gap Inc. store purchases (in store and online)
  • Extra 10% off qualifying Gap store purchases (offer expires 1/31/2019)
  • No annual fee
  • More perks if you reach Gap Silver status
  • 1% back in points on eligible Gap Visa® Card purchases made outside of Gap Inc. brand
  • High interest rates and fees
  • Limited-use rewards

  1. The rundown: Everything we like about Gap credit cards
  2. Heads up: What you should consider before applying for a Gap credit card
  3. Do the math: Ways to get the most out of Gap credit cards
  4. The competition: How Gap credit cards stack up against similar cards
  5. Bottom line: Is a Gap credit card right for you?

The rundown: Everything we like about Gap credit cards

Retail credit cards reward customer loyalty, so If you regularly shop at Gap or other Gap Inc. stores, then a Gap credit card might be a useful addition to your wallet.

Here’s what we like about the cards:

Store rewards that will make you smile

With these cards, you’ll earn five points for every $1 spent at Gap, Athleta, Banana Republic and Old Navy both in store and online. For every 500 points earned, you’ll receive a $5 reward that can be redeemed at any Gap Inc. brand store.

In other words, you’ll earn 5% back in points on all Gap Inc. purchases. And though your rewards max out at $250 each billing cycle, remaining points will carry over to the next billing cycle.

No annual fee

No annual fee means one less cost to worry about for the GapCard and Gap Visa® Card.

Big discounts

Gap is currently offering card members an additional 10% discount on qualifying purchases made at Gap and Gap Factory stores in the U.S. The discount is only available through January 31, 2019, and doesn’t apply to other Gap Inc. stores.

Are retail cards the easiest credit cards to get approved for?

Heads up: What you should consider before applying for a Gap credit card

This credit card is designed for loyal Gap Inc. shoppers and may not be the right fit for others. Here’s what you might want to think about before gathering everything you need to apply.

Lower rewards for non–Gap Inc. purchases

If you’re looking for a versatile cash back credit card for everyday use, a Gap credit card might not be the right fit.

When you use your Gap Visa® Card at stores outside of the Gap Inc. brand, for example, you’ll earn only one point for every $1 you spend, or 1% back in points.

Compared to cash back credit cards — such as the Citi® Double Cash Card, which offers 2% cash back on all purchases (1% when you make a purchase and 1% when you pay it off) — the Gap Visa® Card offer less cash back on everyday purchases outside Gap Inc. brand stores.

It’s also important to remember that GapCard card holders can’t use their card at any store outside of participating stores in the Gap Inc. brand network.

High interest rates and fees

The variable purchase APR is 26.49% for both Gap credit cards. If you carry a balance month to month, interest charges could add up quickly. Fees for the Gap credit cards can also add up: up to $38 for late-payment fees for both cards and a 3% foreign transaction fee for the Gap Visa® Card.

Rewards are specific to Gap Inc. stores

It might not come as a surprise that the rewards earned through the Gap credit cards are only redeemable at Gap Inc. stores, so if you’re looking for a more versatile credit card, this might be a deal breaker.

When to open a store credit card

Do the math: How to get the most out of Gap credit cards

Whether a Gap credit card is right for you depends on how often you shop at Gap Inc. brand stores. If you’re a dedicated shopper of the brand, a Gap credit card might make sense.

FAST FACTS

Gap credit card: How to make a payment

When it comes to paying your Gap credit card bill, there are three options: online, by phone or by mail. Here’s how to make a payment.

  • Online: Log in to your Gap credit card account through Synchrony Bank’s Gap portal (using your user ID and password). Once you’ve accessed your account, you’ll be able to make a payment by clicking on the “Payments” tab.
  • By phone: You can make a credit card payment by calling 1-866-450-4467. Making a payment through the automated system is free, but if you prefer to work with a live representative, there’ll be a fee.
  • By mail: You can mail a credit card payment for the GapCard to Synchrony Bank, PO Box 960061, Orlando, Florida, 32896. For Gap Visa® Card, mail it to Synchrony Bank, PO Box 960013, Orlando, Florida, 32896.

If you’re looking to make the most of your Gap credit card, you might look into earning Gap Silver status, which comes with additional perks for loyal shoppers.

In order to qualify, you’ll need to earn 5,000 points within a calendar year, make at least minimum payments on time after hitting that mark, and ensure that you keep your account in good standing.

Silver status comes with some useful perks:

  • Free online shipping (3–5 business days) from Gap Inc. stores when paying with your Gap credit card and entering MYCARD at checkout
  • Choose your own sale day in store, or online, chosen once per calendar year, for an additional discount on your entire purchase
  • Quarterly bonus of 20% rewards points based on the total points earned that quarter (for example, if you’ve earned 500 points throughout the quarter, you’ll get an additional 100 reward points added to your account)

With five points earned for every $1 spent, the quickest way to reach Gap Silver status is by spending at least $1,000 on your card at Gap Inc. brand stores each year. Earning Silver status from purchases outside of the brand with your Gap Visa® Card — at one point for every $1 spent — would require spending $5,000.

If you’re looking for flexible cash back rewards or want a more versatile everyday store credit card, you might be better served by a different card.

The competition: How Gap credit cards stack up against similar cards

Best for Credit card
Flexible rewards Chase Sapphire Preferred® Card
Unlimited cash back Citi® Double Cash Card
Everyday shopping Costco Anywhere Visa® Card by Citi

Chase Sapphire Preferred® Card

From our partner

Chase Sapphire Preferred® Card

From cardholders in the last year

See Details, Rates & Fees

Chase Sapphire Preferred® Card offers flexibility where the GapCard does not. When it comes to spending, travel and dining purchases earn you two points per $1, and all other eligible purchases earn you one point for every $1. And you’ve got flexible redemption options that best both Gap cards. You can redeem points for cash or gift cards, with each point worth $0.01 (100 points = $1). And if you redeem points through the Chase Ultimate Rewards®, each point is worth $0.0125 (100 points = $1.25, or 25% more).

Regardless of how you redeem Chase rewards, you’ll have reward options — cash back, hotels, flights, gift cards and more. Unlike the Gap credit cards, there is an annual fee, though it’s waived the first year: $0 intro, $95 after first year.

Citi® Double Cash Card

From our partner

Citi® Double Cash Card

From cardholders in the last year

See Details, Rates & Fees

If you prefer the versatility of cash back instead of branded rewards and are looking for some extra incentive to pay your bills, then the Citi® Double Cash Card might be a good option. You’ll earn 2% cash back on every purchase but there’s a catch: You earn 1% when you spend and then you’ll earn an additional 1% when you pay for those purchases. In other words, make your payments and you’ll be able to earn double cash back rewards on all your purchases.

So if you spend $100 and make a payment of $100, you’ll earn $2 cash back. The rewards you can earn are unlimited. And like the Gap credit cards, the annual fee is $0.

Costco Anywhere Visa® Card by Citi

From our partner

Costco Anywhere Visa® Card by Citi

From cardholders in the last year

If you’re looking for a credit card for an all-in-one store, then take a look at the Costco Anywhere Visa® Card by Citi. While you earn the most points on the Gap cards for your purchases at clothing stores, the Costco Anywhere Visa® Card by Citi might be a better choice due to the wide range of items sold at Costco — food, gas, travel packages, clothes and more — and maybe even more so because the card can be used anywhere Visa is accepted.

With the Costco Anywhere Visa® Card by Citi, you’ll earn cash back on an array of everyday purchases — exactly how much depends on the category: 4% on eligible gas including gas at Costco (for the first $7,000 annually and then 1% after), 3% on restaurants and eligible travel purchases, 2% on all Costco and Costco.com purchases, and 1% on everything all other eligible purchases.

It’s important to note that this card is designed for Costco members and as long as you’re a Costco member, there is no annual fee.


Bottom line: Is a Gap credit card right for you?

Whether or not a Gap credit card is right for you ultimately boils down to how often you shop at Gap Inc. stores.

If you’re a loyal customer or typically spend more than $1,000 per year, then one of the Gap credit cards — either the GapCard or the Gap Visa® Card — might be a useful addition to your wallet. But if you’re not loyal to a particular brand, you might be better served with a general cash back credit card.

How do cash back credit cards work?