Lexus Pursuits Visa® Review

Lexus Pursuits Visa® is a store credit card issued by Comenity. If you're wondering whether Lexus Pursuits Visa® is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

• Earn a rewards rate of up to x.
• Signup bonus. Offers a signup bonus of 5000 points after spending $500 within 3 months 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 29.24%
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

Lexus Pursuits Visa® Pros and Cons:

The Good

The Bad

No annual fee. Earn points for every dollar spent at Lexus dealerships, gas, dining, entertainment and wherever Visa card is accepted. Redeem points on services, parts, accessories, eligible Lexus vehicle purchases and more. Receive 5,000 bonus points for spending $500 outside Lexus dealerships within first 90 days No annual fee. Earn rewards on every purchase. Lexus Pursuits Visa® reports to multiple credit bureaus.

High interest rates. Higher than average purchase APRs. Requires good to excellent credit. Does not offer rewards or cash back. Does not include many credit card rewards.

Is there a Lexus Pursuits Visa® cash back or rewards program?

No, Lexus Pursuits Visa® does not offer a rewards program.

What are the relevant APRs for Lexus Pursuits Visa®?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Lexus Pursuits Visa® has higher than average purchase APRs.

Lexus Pursuits Visa® has a variable purchase APR of 29.24%.

What are the Lexus Pursuits Visa® fees?

The following fees apply to Lexus Pursuits Visa®:

Lexus Pursuits Visa® Fees

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

Does Lexus Pursuits Visa® report your account activity to credit bureaus?

Lexus Pursuits Visa® 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 Lexus Pursuits Visa®

• Visit the Lexus Pursuits Visa® 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.