The GAP Credit Card Review could be helpful in deciding whether the credit card is worthy! Before getting a credit card one must be in a state of indecision as it comes with lots of financial strain. A credit card could have negative impacts on your credit hence, you should think before obtaining the credit card. Here you can find the complete information of the GAP Credit Card.
What is the GAP Credit Card?
The GAP Credit Card is issued in partnership with the Synchrony Financial. It is a handy cash management tool for loyal GAP shoppers. The card has a wide range of benefits at any of the GAP retail locations in the United States such as GAP Inc. rewards and GAP discounts. If you are looking forward to getting an in-store credit card you might consider peeping into the GAP Credit Card.
However, the card is not made to use as an everyday credit card. You just need to use it at the GAP retail stores or gap.com. Since the credit card does not come with an annual fee and hidden charges it can make sense. Read on for further insight into the GAP Credit Card.
What are the Benefits of the Credit Card?
- You can save 20% on making the first purchase through the Gap Credit Card within 3 months on account opening.
- Cardholders are eligible for free shipping.
- Spending per dollar at the Gap, Banana Republic, Old Navy and Athleta you earn 5 points which can be later redeemed.
- Earn 1 point using the card anywhere where Visa is accepted.
- Once you accumulate 500 reward points you get a $5 reward card.
- On signing up for e-statements the user is offered 500 GAP reward points.
GAP Credit Card Rate and Fee
|Regular APR of the GAP Credit Card is 26.99%.|
|Balance transfers are not offered.|
|Late payment fee of $38 is charged.|
|The grace period of the credit card is 23 days.|
|Cash advance rate is 4% or min $10 whichever is greater.|
|3% is charged for foreign transactions.|
GAP Credit Card Review
Easy Way to Save- The GAP Credit Card is a simple and easy way to save on all GAP purchases. If you are a GAP lover then the credit card would work marvelously fetching your rewards and cash backs.
Earn a 5% cash back at GAP and Partner brands– Shopping at Gap, Banana Republic, Old Navy and Athleta you earn 5 points for every $1 spent. This is somewhat equal to a 5% cash back for everything you purchase.
Get $5 on Signing up for e-Statements– The GAP Credit Card offers you a $5 rewards certificate on enrolling for paperless statements. Hence, you can top up your earning with these rewards from GAP.
Bad for people who carry Balance– We recommend that you pay in full every month as the credit card is not good for carrying a balance. There is a late payment fee of $38 for every time you miss the payment.
High APR Rate– If you are an individual with low creditworthiness you will be offered an APR rate of 26.99% which is high.
Limited Usage– The credit card is restricted to be used at the GAP and partner stores. Benefits are limited to these stores. If you use it outside you won’t get any incentives.
- The applicant should have an SSN.
- Be a resident of the United States.
- Have a Social Security Number.
How to Apply for the GAP Credit Card
Step 1– If you wish to get the GAP Credit Card you will have to go to the application page. apply.syf.com/gap
Step 2– The GAP website will not display the application form. To start, enter the following information:
- Complete Name
- Street Address
- Zip Code
- Housing Status
- Phone Number
- Email Address
- Birth Date
- Annual Net Income
Step 3– Click ‘Continue’ in order to go to the next page. Fill out the information required and finally submit for approval.
Check Application Status
Customers who wish to check their application status need to contact the help desk on 1.800.427.7895.
Usually, the results are displayed instantly after submission.
Steps to Activate a GAP Credit Card
Step 1– To activate a GAP Credit Card for usage, you must open the activation page.
Step 2– Now you should log in or register for a new credit card activation.
How to Log in
Step 1– You can log into your account at www.gap.com/products/gap-credit-card.jsp
Step 2– Enter user id and password for signing in.
Forgot User ID or Password
Step 1– Users who are unable or recall their login credentials need to open the login page of GAP. Click on the ‘Find User ID’ or ‘Reset Password’ link whichever applies to you.
Step 2– The website will redirect you to a new page that requires verification information. Complete the process and set a new credential.
How to Register
Step 1– First-time users who desire to set up online access need to click on the “Register” button on the login page of GAP.
Step 2– The GAP Registration page requires your card number and billing zip code.
Step 3– Click ‘Continue’ and set user id and password for logging in along with providing the required data.
GAP Credit Card Bill Payment
For online payments, one needs to log into an existing account. Once logged in go to the ‘Payment’ tab and fill out the credit card payments form.
Now you can pay the bills using a savings or checking account.
Pay via Mail
In order to pay through the mail send the check at the address below:
PO Box 965004
Orlando, FL 32896-5004
GAP Company Overview
GAP is an American departmental store company featuring clothing and accessories. It is an American clothing accessories retailer with its retail and online shopping destinations operational throughout the nation. Founded in 1969 the American clothing retail company has its headquarters in San Francisco, California. It has its retail shopping locations located worldwide. It also operates divisions such as the Banana Republic, Old Navy, Atheleta and Waddington Way.
The Bottom Line
At the end of the conversation, the GAP Credit Card can be termed as a decent deal. Its usage is broad as it can be used at all GAP partner stores that include Old Navy, Athlete, and the Banana Republic. There is a high APR but it can be overlooked. If you get the card you can get a wide range of benefits followed with a 24×7 online account management service.