Boscov’s Credit Card – Is the Boscov’s Credit Card Worth It?

If you’re a frequent shopper at Boscov’s, the iconic family-owned department store chain, you may have considered applying for the Boscov’s Credit Card.

This store-branded credit card promises rewards and special financing options, but is it worth adding to your wallet?

In this post we will look at the Boscov’s Credit Card, exploring its benefits, fees, and overall value to help you make an informed decision.

A Brief History of Boscov’s

Before looking into the details of Boscov’s Credit Card, let’s take a moment to appreciate the rich history of the Boscov’s brand. Founded in 1911 by Solomon “Sol” Boscov, Boscov’s has been a family-owned department store chain for over a century. Under the leadership of Sol’s son, Albert, the company expanded to include more than 50 locations across the northeastern United States, including stores in Connecticut, Delaware, Maryland, New Jersey, New York, Ohio, and Pennsylvania.

Today, Boscov’s continues to offer a wide range of merchandise, from apparel and shoes to kitchen goods and bedding, catering to a diverse customer base across its footprint.

Benefits of the Boscov’s Credit Card

Now, let’s explore the key benefits that come with the Boscov’s Credit Card:

Rewards Program

Earn 2 points for every $1 spent at Boscov’s stores and online
Earn 1 point for every $1 spent on all other purchases
Redeem points for “B Rewarded” certificates (500 points = $5 certificate)

Special Financing Offers

Access to special financing promotions on qualifying purchases
Promotions may include deferred interest or no-interest plans for a set period

Exclusive Cardholder Perks

Receive exclusive cardholder discounts and promotions
Early access to sales and special events

Features of the Boscov’s Credit Card

In addition to the benefits mentioned above, here are some essential features of the Boscov’s Credit Card:

Credit Limits

The credit limit you receive for your Boscov’s Credit Card will depend on your creditworthiness and income level. Typically, credit limits range from $300 to $5,000.

Interest Rates

As of February 2024, Boscov’s Credit Card has a variable Annual Percentage Rate (APR) of 28.99%. This high APR means that carrying a balance from month to month can quickly become expensive.

Accepted Locations

The Boscov’s Credit Card can only be used at Boscov’s stores and online at boscovs.com. It cannot be used anywhere else, limiting its utility.

Costs and Fees

Like most credit cards, the Boscov’s Credit Card comes with a few fees to be aware of:

Annual Fee

There is no annual fee for the Boscov’s Credit Card.

Late Payment Fee

If you miss a payment due date, you may be charged a late payment fee of up to $40.

Cash Advance Fee

Cash advances are not available with Boscov’s Credit Card.

How to Apply for the Boscov’s Credit Card

Applying for Boscov’s Credit Card is a straightforward process. You can apply online, over the phone, or in-store at any Boscov’s location.

Online Application

Visit the Boscov’s website and look for the “Credit Card” or “Apply Now” link. Follow the prompts to complete the online application, providing personal and financial information.

In-Store Application

You can also apply for the Boscov’s Credit Card at any Boscov’s store location. Simply ask a sales associate for an application, and they’ll guide you through the process.

Required Information

Regardless of the application method, you’ll need to provide the following information:

Full legal name
Date of birth
Social Security number
Current residential address
Total annual income
Employment information

Tips to Activating Your Boscov’s Credit Card

Once your application is approved, you’ll receive your new Boscov’s Credit Card in the mail within 7-10 business days. Before you can start using it, you’ll need to activate the card.

Activation Steps

Locate the sticker on your new card that provides the activation phone number and website.
Call the activation number or visit the website and follow the prompts.
Provide the requested information, such as your name, address, and the last four digits of your Social Security number.
Create a Personal Identification Number (PIN) for making purchases that require a PIN.

Managing Your

After activating your card, you have to familiarize yourself with managing your account online and making payments.

Online Account Access

Visit the Boscov’s Credit Card website and click on the “Register” or “Enroll” link to create an online account. You’ll need to provide your credit card number, billing zip code, and other personal information to verify your identity.

Forgotten Login Details

If you forget your login credentials, you can easily reset your password or retrieve your username by following the prompts on the website.

Making Payments

You can make payments on your Boscov’s Credit Card in several ways:

Online: Log in to your account and follow the prompts to make a payment from your linked bank account or debit/credit card.
By Phone: Call the customer service number on the back of your card to make a payment over the phone.
By Mail: Send a check or money order to the payment address listed on your monthly statement.
In-Store: Visit any Boscov’s location and make a payment at the cash register.

Is the Boscov’s Credit Card Worth It?

Now that we’ve covered all the details, let’s address the burning question: Is Boscov’s Credit Card worth getting?

The answer largely depends on your shopping habits and financial situation.

If you’re a frequent Boscov’s shopper and can take advantage of the rewards program and special financing offers, the Boscov’s Credit Card may be a valuable addition to your wallet. However, keep in mind that the high APR means carrying a balance can quickly negate any rewards earned.

Additionally, the card’s limited acceptance at only Boscov’s stores and website restricts its overall utility. If you’re looking for a more versatile credit card that can be used anywhere, you may want to explore other options.

Alternatives to the Boscov’s Credit Card

If the Boscov’s Credit Card doesn’t seem like the right fit for you, here are a few alternative credit card options to consider:

Cash Back Credit Cards

Citi Double Cash Card: Earn 2% cash back on all purchases (1% when you buy, 1% when you pay)
Bank of America Cash Rewards Credit Card: Earn 3% back in a category of your choice, 2% back at grocery stores and wholesale clubs, and 1% back on everything else

Travel Rewards Credit Cards

Chase Sapphire Preferred Card: Earn 2x points on travel and dining purchases
Capital One Venture Rewards Credit Card: Earn 2x miles on every purchase

Store Credit Cards with More Flexibility

Amazon Prime Rewards Visa Signature Card: Earn 5% back at Amazon and Whole Foods
Target RedCard: Enjoy 5% off every Target purchase (debit or credit card version available)

Conclusion

The Boscov’s Credit Card can be a valuable tool for loyal Boscov’s shoppers who can maximize the rewards program and take advantage of special financing offers. However, its high APR and limited acceptance make it less appealing for those seeking a more versatile credit card option.

The decision to apply for Boscov’s Credit Card should be based on your shopping habits, financial situation, and credit card needs. By carefully weighing the pros and cons, you can determine whether this card is the right fit for your lifestyle and spending patterns.

Remember, responsible credit card usage is key to maximizing rewards and avoiding costly interest charges. Whichever card you choose, be sure to make timely payments and keep your balances low to maintain a healthy credit score and financial well-being.