Why write about pink credit cards, you ask? Believe it or not, not everybody is a rational rewards-optimizing machine when it comes to personal finance. Some people are swayed by other criteria, such as what it’s made of or how awesome the card looks. And presumably some folks out there would be thrilled to have a pink credit card because hey, it’s pink. Let’s take a look and see what the options are, and whether any of them are possibly worth owning.
Sanrio Visa Platinum Reward Card, aka the Hello Kitty card: You may remember this card from its surprisingly strong head-to-head performance against the Chase Sapphire Preferred card. But all joking aside, this card stinks. Sure, it’s a pink credit card, but it’s a simple 1% credit card (unless you’re buying something at sanrio.com, in which case you get 2%). Surely we can do better than this!
Victoria’s Secret Credit Card: I reviewed this card here and they offer a FAQ here. The upshot, for those of you too busy to click: it can be useful if you’re already spending a lot of money at Victoria’s Secret, but otherwise it won’t be of much use to you. Also, it’s a store card only, so you can’t use it outside of Victoria’s Secret.
HawaiiUSA Visa Pink Card: Offered by HawaiiUSA Federal Credit Union, this card is allegedly pink but there is no image available to verify. Reward-wise, it seems to be one of those plain-jane credit union credit cards. Pass.
Susan G. Komen Card, aka the Pink Ribbon Credit Card: Now we’re talking! This card is a branded version of Bank of America’s standard card offering, which is 3% on gas, 2% on groceries, and 1% on everything else. But: if you’re a Platinum Preferred Rewards client with B of A ($100K in assets or more), you increase the rewards by 75%, making this 5.25%/3.5%/1.75%, which is not bad at all. There’s also a $100 bonus after your first $500 in purchases. If you absolutely, positively have to have a pink credit card, or at least one with a pink ribbon on it, this is the way to go.
That’s all I was able to find, at least for domestic cards. Disney apparently used to have a pink card design, but I don’t see it available in the current options.
If you’re willing to look overseas, there’s the OCBC MasterCard Pink offered by RinggitPlus in Malaysia. It’s not a bad looking card:
If you’re interested in pink debit cards, then you have several more options! There’s the Pink Ace Elite Visa debit, which gives money to the National Breast Cancer Foundation every time you use it, though the fees are kind of high on this one.
Along similar lines, there’s the Pink NetSpend Visa Prepaid, though that one has a $10 monthly fee. Is having a pink card worth $10 to you? No? I didn’t think so. This pink ribbon card, from Card.com, has a $6 monthly fee, but you can still do better than that.
Bank of America, in tandem with its Pink Ribbon Credit Card mentioned above, also has Pink Ribbon Checking. If you can maintain the required minimum balances, you can have the debit card without monthly fees. BancorpSouth also offers a Pink Card debit account as well.
I’m a sucker for the Chase Disney Visa cards. I’ve had the no AF one forever (as long as it has been offered). What I love about them is Chase lets me pick a new design as often as I want. I have the full Star Wars collection already o_O
If it’s pink you’re looking for, Discover also lets you personalize your card design. There’s a pink monogram option.
Discover also has a solid pink card. I carry one.
I think you should add to the post that the bofa 3% gas/2% groceries (and thus 5.25%/3.5%) is on only 1500 combined spend a quarter.
There is a picture of the pink HawaiiUSA card. Click the apply button. Upper left. Anything I can do to help with thorough journalism. 😉
Nambi The Happy Bear says
I would totally get the pink credit card, for sole reason that I like pink colour lol. Thanks for a good write up.