Belk Elite Rewards MasterCard Review

If you're wondering whether Belk Elite Rewards MasterCard is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Signup bonus. Offers a signup bonus of $10 if you spend $1.
• Signup bonus. Offers a signup bonus of 1000 points after spending $1 that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 25.49%
• No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• Charges foreign transaction fees. Avoid using this card when traveling abroad because it charges a commission of 3% every time you make a transaction outside the U.S.
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 650.

Belk Elite Rewards MasterCard Pros and Cons:

The Good	The Bad
No annual fee. Cardholders can earn rewards on every purchase. Earn rewards on every purchase. Belk Elite Rewards MasterCard reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.	Higher than average purchase APRs. Charges a foreign transaction fee of 3%. Does not include many credit card rewards.

Is there a Belk Elite Rewards MasterCard cash back or rewards program?

Belk Elite Rewards MasterCard is a cashback card. This means you earn a percentage of your purchase as a cash reward. With Belk Elite Rewards MasterCard you receive 5% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $50 back in cash.

Belk Elite Rewards MasterCard Rewards

Rewards rate (all purchases)	5%
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	$10
Signup Bonus (Points/Miles)	1000
Signup Bonus Spend Requirement	$1

What are the Belk Elite Rewards MasterCard benefits?

Belk Elite Rewards MasterCard provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Belk Elite Rewards MasterCard?

Belk Elite Rewards MasterCard is a charge card and therefore doesn't have interest charges. You must pay your balance in full every month.

What are the fees for Belk Elite Rewards MasterCard?

The following fees apply to Belk Elite Rewards MasterCard:

Belk Elite Rewards MasterCard Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	3%
Late Payment Fee	$38

Does Belk Elite Rewards MasterCard report your account activity to credit bureaus?

Belk Elite Rewards MasterCard reports your account activity to the following credit reporting agencies:

• Equifax
• Experian

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Belk Elite Rewards MasterCard

• Visit the Belk Elite Rewards MasterCard website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.