Believe it or not, a lot of readers have asked me to write up the Victoria’s Secret credit card. And by “a lot of readers” I mean “Elaine in the comments last week.” So here you go, Elaine! Let’s take a look at the features, and please keep in mind that this is a store card valid only at Victoria’s Secret, not a Visa/MasterCard/Amex.
Sign-up bonus: The Victoria’s Secret credit card gives you $15 off your next purchase. $15 is less than the $500 rewards that major credit card issuers frequently offer for their products, so the pink credit card is not a winner on this count.
Rewards: The Victoria’s Secret credit card offers different tiers based on your spending on it. You can see full details here. For both the Angel Card and the Angel VIP card (which you get by reaching $500 in spend), you get $10 for every $250 spent. For the Angel Forever card ($1,000 spent) you get $15 for every $250 spent. That works out to a rate of 4% or 6% in the highest tier.
But wait, there’s more: during your cardmember anniversary month, you get triple points! So that boosts this card to 12%/18%. AND you also get double points on all bra purchases. Does that get multiplied with the triple points bonus and bring the rewards to 24/36%? And does Victoria’s secret sell prepaid Visa gift cards? I don’t know, though I’m pretty sure the answer to the second question is “No.”
It looks like there are other triple point promotions as well, and the fine print on that one says, “Triple points offer cannot be combined with additional bonus reward point promotions.”
Annual Gifts: Certain retail cards give you a bonus every year on your birthday. This one gives you a $10 reward.
The Shopping Cart Trick Factor: Since this is a Comenity retail card, you should be able to take advantage of the shopping cart trick to get it without a hard pull.
Interest Rate: Really high. Please don’t carry a balance.
The Bottom Line: If you spend lots of money at Victoria’s Secret, the Victoria’s Secret credit card is probably a pretty good card to have. Otherwise, not so much.
So what you’re saying is that it’s not the Chase Sapphire Preferred of panties?
I think he IS saying that it’s the CSP of panties. think of undies as the counterpart to travel spend. i.e. if you spend a lot on skivvies, then this is the card for you. 😉
Sang Kancil Guru says
Damn, I was hoping for reward levels such as redeeming points to get a Personalized Birthday Greeting by a Victoria Secrets Super Angel Super Model.
You forgot the best benefit. Every month cardholders get ‘special offers’ which always include a free panty.
Better With Bacon says
What, no photo to go along with this article?
I used the shopping trick last night and I got this card!! This card will ship out to me in 10days!!! Love it I have tried others but I have not received any!
To use the shopping cart trick, do you have to go all the way to the screen where you enter in your payment info then click next? (says card wont be charged)
You were absolutely correct on the shopping cart trick and I was approved. I did try others and wasn’t approved but will try again some other day. Thanks
Do you need to put your credit card info and first
I was wondering the exact same thing. So if you found out could you please let me know
Thank you so much. I am rebuilding my credit and did the shipping cart trick with VS. Got the card almost a month ago, bought a thing, paid it off immediately: today, I got a notification from Mint that my credit score went up over a 100 points. Before this, I couldn’t even get a secured card. Thank you!
You can also use this card at Bath & Body Works since both stores are owned by the same company
Shit, it ain’t helped my credit one bit and believe me I spend a lot of money there?????