I shop at JCP very frequently, so I figured I would give it a shot. I have good rewards cards, but heard that savings with this card is even better. Let me tell you, you will not be sorry getting this card! At the time of applying, I had a 700 credit score. I was approved for $2000 instantly. Last year I spent over $1,000, so now I'm a platinum card holder. When I go up to the register, they randomly tell me that I have $10 rewards to use on the purchase. One time they informed me that I had $30, and let me use all of it on my $40 purchase. Can't get any better than that! Easy to pay online every month. I can't say anything bad about this card what so ever.
Most Helpful Positive Review
Most Helpful Negative Review
JCpenny was great at first, gave me a high credit limi when I was 18 years old. They increased my credit limit every 2-3 months, which was great and helped build my credit. Loved the discounts and treatment I got when I shopped at JCPenny and they knew I had a JCPenny credit card.
Also it was great being able to use my JCPenny credit card at CVS pharmacy.
Now the bad part, I had the card for a good 3-4 years, used it at least 4-5 times per year. I had a credit limit of $7,500 and had a balance of $1,100.
I missed ONE SINGLE payment by 5 days and they instantly dropped my credit limit from $7,500 to my exact balance, $1,100. It now showed on my credit report that I was using 100% of my credit limit which dropped my credit score a good 30-40 points at the time.
Also my APR went from 14% to 24% overnight.
So after years of using their card and paying on time, I miss one pyment by a few days and rather than slapping me with a late fee they totally throw my credit report out of whack, lower my credit limit, and raise my APR. I was speechless. I paid off my balance in 2-3 months and have not used my cad since.
See Your Approval Odds Before You Apply
Sign up for a free membership, and Credit Karma can estimate your chances of approval based on your credit profile. You’ll also get:
- Credit scores and reports
- Credit monitoring
- Personalized recommendations