Based in Duluth, Minnesota, Maurices is an American retail chain specializing in women’s clothing. With over 932 stores, the company has gained quite a loyal consumer base, many of whom would love additional financing options, like the Maurices VIP credit card. While the card might be appealing for frequent shoppers of the chain, is it right for you?
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Features and Benefits
The Maurices VIP card comes with several enticing benefits. For example, there is no annual fee, you get advance notice of discounts and sales, and it offers free shipping and a $10 birthday reward. Beyond those basic features, you also get one reward point for every dollar spent, and after you accumulate 100 points, you get a five-dollar reward. You also get the five-dollar reward for just signing up. To sweeten the points system, Maurices offers a double points weekend once per month.
Who Would Use the Maurices Credit Card?
The Maurices VIP credit card is best for a loyal shopper who goes to the store or buys merchandise online at least once every few months. The credit card is not for a customer who plans on carrying a balance over several billing cycles. The APR of 27.99% can quickly bury a person in debt, forcing them to pay significantly more than the items were originally worth.
When Should You Use the Maurices Credit Card?
Because of the unusually high APR, it is best to only use the Maurices card when you know you will have the money to pay it off. However, it is important to pay off the balance before the end of the billing cycle to avoid interest charges or fees. When used responsibly, the Maurices credit card can act as an advance on future cash funds and earn you points toward rewards.
Examples of Use
As a women’s clothing store, your purchasing options are limited to clothes, intimates, shoes, and accessories. A word of caution: Do not splurge. Only buy what you need or what you budgeted for clothing. Going over your allotted budget risks charges rolling over into a new billing cycle, meaning interest gets tacked on to whatever balance remains.
Steps for Securing a Maurices Credit Card
You can apply in-store or online. To qualify for an application, you must be a United States resident and be older than 18 with a valid driver’s license. The application will require your social security number and a valid address. If you meet all the requirements, you can follow the standard credit card application process.
- Gather financial and identification information
- Read the terms and conditions
- Fill out the application
- Submit the form
- Wait for a decision
While many retail store credit cards will accept applicants with less than optimal credit, you should aim for a fair to good credit score. You also want to avoid any recent delinquencies.
The Maurices credit card is a store card. You cannot use it anywhere other than the store or its online shop. If you are not a frequent customer of Maurices, you will likely benefit more from a different card, like a Visa or Mastercard.
Like many other retail brands, the Maurices brand uses Comenity Bank. This bank is popular within the retail industry for its flexibility and availability to consumers.
While the Maurices VIP offering is great for frequent shoppers, the incredibly high and variable APR, 27.99%, leaves as average at best in terms of other retail cards. If you love the shop, the card is probably a good fit, but remember to limit balances to avoid interest fees.
Looking for your first credit card? Check out our guide to the 5 Best Choices For Your First Credit Card here