How the Victoria’s Secret Credit Card Works: Benefits and Rewards

Reviewed by Thomas J. CatalanoFact checked by Suzanne Kvilhaug

Victoria’s Secret (VSCO), one of the world’s most well-known lingerie brands that also offers clothing, fragrances, and body care, has its own branded credit card—the Victoria’s Secret Credit Card.

Like many co-branded credit cards, the Victoria’s Secret card has some benefits for people who shop in the store often. Its chief competitors are cards from Gap and Lane Bryant, with which it shares many features.

Key Takeaways

• The Victoria’s Secret Credit Card works at the brand’s stores, website, and its sister company, PINK.
• The Victoria’s Secret card has three tiers, depending on how much a cardholder spends each year, which carry different rewards and perks.
• As with most proprietary store cards, Victoria’s Secret’s card mainly works best for those who regularly purchase the brand’s products.

How the Victoria’s Secret Credit Card Works

Victoria’s Secret issues the card in partnership with Comenity Bank. Comenity, based in Draper, Utah, provides Victoria’s Secret shoppers with a revolving line of credit. Victoria’s Secret cardholders earn rewards according to the value of their purchases, both online and in-store.

Where Can the Victoria’s Secret Credit Card Be Used?

The Victoria’s Secret card can be used for purchases online at Victoria’s Secret or in person at a Victoria’s Secret or PINK stores.

Important

Proprietary store credit cards like the Victoria’s Secret card are officially known as closed-loop or single-purpose cards.

Rewards and Benefits of the Victoria’s Secret Credit Card

There are three different reward tiers—member, silver, and gold—that reflect the amount of money spent on a rolling 12-month period.

The member tier has no minimum spend, but all Victoria’s Secret cardholders are automatically upgraded to silver status. Silver status has a minimum spend of $300 a year while gold status has a minimum spend of $750 a year.

With silver status, a cardholder earns 10 points for every $1 spent, and gold members earn 15 points. For bra purchases, silver members earn 30 points for every $1 spent, and gold members earn 45 points. There is a $10 birthday gift for silver members and a $15 gift for gold members. The anniversary gift gets silver members 15% off while it gets gold members 20% off.

Other little perks and special events may occur each month. To maintain the tier, a cardholder has to keep spending the same amount each year; otherwise, the card reverts to a lower tier.

Where Can I Get the Victoria’s Secret Credit Card?

You can apply for the Victoria’s Secret credit card at Victoria’s Secret or the card’s site on Comenity. You can complete an application form online or apply in person at any Victoria’s Secret or PINK store. You’ll need to create or sign in to your VictoriasSecret.com account to begin your application.

What Kind of Credit Is Required for the Victoria’s Secret Credit Card?

Applicants must be at least 18 years old, have a valid government-issued photo ID and U.S. Social Security number, and must be a resident of the United States with a valid mailing address. Comenity Bank verifies personal information and obtains a copy of a consumer’s credit report when making its decision to extend credit to a potential cardholder.

The credit limit on the card depends on the applicant’s personal credit history and finances. That being said, store credit cards often seem easier to qualify for than general-use cards. Since the Victoria’s Secret card doesn’t cost anything to own, obtaining and using one responsibly can be a way for someone with a limited credit history to build up a good record.

Terms and Conditions of the Victoria’s Secret Credit Card

Like most store-branded credit cards, the Victoria’s Secret card charges a high interest rate. No interest is paid if a cardholder pays off their entire balance by the due date each month, and the payment due date is at least 25 days after the close of each billing cycle.

Like most store cards, the Victoria’s Secret card has no annual fee, but there are charges for late and returned payments. If a cardholder is late paying their bill, they should expect a fee of up to $41. Fees on returned payments can go as high as $25.

As with any credit card, late payments can damage the cardholder’s credit score. Cardholders should thoroughly read their cardholder agreements for full details.

How to Cancel the Victoria’s Secret Credit Card

You’ll need to get in touch with Comenity Bank to cancel your Victoria’s Secret card since Comenity manages the card. You can call Comenity at (800) 695-9478 or TDD/TTY at (800) 695-1788 to cancel your card. Alternatively, you can send them a message via their Secure Message Center.

Victoria’s Secret Credit Card Customer Service

Comenity encourages customers to manage their Victoria’s Secret card account online using the Account Center. The Account Center has 24/7 access and allows you to view your balance, transactions, and statements and make payments to your card. If you haven’t registered for this service, you can register here.

Who Should Consider the Victoria’s Secret Credit Card?

Getting a store credit card makes sense for consumers who regularly shop at that retailer. If you have a high degree of brand loyalty to Victoria’s Secret and/or PINK and are looking for special discounts, then applying for a Victoria’s Secret card could be a smart choice.

Be warned, though, that store cards can be risky if you aren’t sure that you can meet your payments on time. These cards come with a high interest rate, which can quickly wipe out any of their benefits if you don’t pay off your balance in full every month.

Where Can I Use the Victoria’s Secret Credit Card?

The Victoria’s Secret card can be used at VictoriasSecret.com and all Victoria’s Secret and PINK stores.

How Can I Pay My Victoria’s Secret Credit Card?

You can pay your Victoria’s Secret card in stores or online. You can also make a payment by phone by calling (800) 695-9478 or TDD/TTY (800) 695-1788 Monday through Saturday, 8 a.m. to 9 p.m. Eastern time.

How Can I Find Out How Many Points I Have Earned?

You can view the points needed for your next reward online. To learn the total points you’ve earned on your account, call (800) 695-9478 or TDD/TTY (800) 695-1788 Monday through Saturday, 8 a.m. to 9 p.m. Eastern time.

The Bottom Line

As is the case with proprietary credit cards, the Victoria’s Secret card only works with one merchant: Victoria’s Secret (and its corporate sister retailers). While it carries several perks and privileges that make cardholders feel like part of the Victoria’s Secret family, its primary benefit is that it accrues points that translate into money for or discounts on future purchases. You often have a limited amount of time to use these rewards.

Overall, this card is best suited for consumers who already spend money early and often at Victoria’s Secret. Those who aren’t big fans of the brand will find that the Victoria’s Secret card has a pretty limited appeal.

Read the original article on Investopedia.