JC Penney Credit Card Review

JC Penney Credit Card is a store rewards credit card issued by Synchrony Bank.  If you're wondering whether JC Penney Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key Takeaways

• No annual fee. This is a great options for people looking for a low-maintenance rewards card. It gives rewards on your purchases but you don't have to pay an annual fee for the privilege.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR starting at 27.99%
• Fair or better credit required. You stand a chance of qualifying if your credit score is not below 600.

The Good	The Bad
Special financing available 150 + credit savings days No annual fee. Considers applicants with fair or poor credit. JC Penney Credit Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases.	High interest rate Special financing is null and void if minimum payment is not made on time every month. All interest will be owed if payments are late.. Higher than average purchase APRs. Does not offer a signup bonus. You don't earn rewards on every purchase. Does not include many credit card rewards.

Is there a JC Penney Credit Card cash back or rewards program?

JC Penney Credit Card offers a rewards program to its customers. This card features rewards for purchases in the following categories:

• Retail

JC Penney Credit Card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

What are the relevant APRs for JC Penney Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. JC Penney Credit Card has higher than average purchase APRs.

JC Penney Credit Card has a variable purchase APR starting at 27.99% .

JC Penney Credit Card Balance Transfers

Description
Balance Transfer APR	N/A
Introductory Rate	N/A
Intro APR period (months)	N/A

JC Penney Credit Card Rates & Terms

Description
Balance Computation	daily balance
Purchase APR	Starting at 27.99%
Credit Limit	N/A
Penalty APR	N/A
Cash Advance APR	N/A
Introductory Rate	N/A
Intro APR period (months)	N/A

What are the JC Penney Credit Card fees?

The following fees apply to JC Penney Credit Card:

JC Penney Credit Card Fees

Fees	Amount
Annual Fee	$0
Late Payment Fee	up to $38

Does JC Penney Credit Card report your account activity to credit bureaus?

JC Penney Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

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 JC Penney Credit Card

• Visit the JC Penney Credit Card 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.