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▷▷ 2021 ▷ Know this before applying for a JCPenney credit card

6 julio, 2021

It was 1902 when the first JC Penney opened its doors. Over the course of the next 15 years, JC Penney, the Missouri-born entrepreneur who opened the retail chain, grew his single store to more than 175 stores. Today there are more than 1,100 stores in each of the 50 states, as well as in Mexico and a few other locations around the world. The store has seen rapid decline since the economy collapsed in 2008. JC Penney has been losing money steadily ever since, and things for the retail giant took a turn for the worse when in 2012 former CEO Ron Johnson took over and practically Headed storing on the floor.

In his 16 months as CEO of the company, Johnson used much of the company’s cash, sales declined, and nearly 20,000 people lost their jobs due to their inability to make positive changes within the company. However, despite a new CEO taking over in 2013, the company is working to make big changes so the store can stay alive. One of the biggest changes the store has is the price. JC Penney now offers discounted sale prices on everything, and then offers more sale prices on those. Also, the general appearance of the store has changed. While we’re still not sure if this will have a positive impact on the future of the company, we do know that the store is working hard to please customers.

If you’ve been considering a JC Penney credit card, you may want to consider what the card has to offer in terms of rewards.

JC Penney Credit Card Rewards

JC Penney as one of the best credit card rewards in the retail industry. For every dollar you spend at JC Penney, you earn 1 point. For every 100 points you earn, you will receive a $ 10 gift card to the store. You can earn up to 10 gift cards each month, which means that for every $ 1000 you spend, you get an additional $ 100 to spend. That is quite a significant earnings reward; And that’s just one of the many reasons customers love this card so much.

Rewards are earned on every purchase and all purchases earn the same amount. It doesn’t matter if you are in the photography department, in the living room, or shopping for household items or clothing for the whole family; you will get 1 point for every $ 1 spent.

Card levels

There are three levels of cards available from JC Penney. The first is the regular JC Penney credit card, then there is the gold card and then the platinum card. Anyone can have a normal card as long as their credit is good enough to guarantee that the issuing bank will give them a card. While the card is one that can be given to people with less than perfect credit, credit is more likely to be declined if your score is not at least good or better. In addition, you will have to deal with the limit of cards that the company issues based on your credit score. Many people complain that the card limits are low, but that’s for the company to protect itself when it issues cards to consumers with questionable credit history.

To get the gold card, you will need to spend at least $ 500 on your JC Penney card over the course of two or more shopping days during the year. To go platinum, that amount has to be more than $ 1000. These tiers offer you more benefits, like free $ 10 and $ 15 gift cards in the mail all year long, sales offers, and even free shipping on purchases. online.

Customer Reviews

Most of the people who have this card love this card. It’s easy to use, payment options are plentiful, and customer service is friendly and helpful. Many cardholders who have less than perfect credit claim that while they were given lower credit limits for the first time with JC Penney, they were simply happy to receive a card and were very grateful that after making several on-time payments each year they were offered frequent increases in the credit limit.

These clients report that they receive line-of-credit increases periodically because they always make timely payments of at least the minimum amount due, though often more than the minimum amount due.

There are some cardholder reviews that have a very common complaint; your credit limit was lowered without notice. These clients have admitted to having made one or two late payments and even no late payments to JC Penney, but their limit has been lowered anyway. However, the company reserves the right to lower credit limits and …

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