You may be making a bigger mistake than passing on the sale rack if you're not shopping at Banana Republic with one of their credit cards.
Banana Republic is known as the place for classic, sophisticated work and casual clothes for men and women who want to look like a million bucks without spending nearly that much.
Even though their clothes and accessories are priced affordably, Banana Republic believes you should earn rewards for using their credit card to make your purchases.
Though you've probably been asked to open a Banana Republic credit card dozens of times, you probably never realized the FOMO of not having one.
Today we're going to change that.
We'll fill you in on all the facts you need to know before you apply for a Banana Republic credit card on your own.
Whether you're just a casual browser or your closet is a Banana Republic store replica, find out if the exclusive discounts and rewards points are really worth it for you.
Let's start with the specifics, like which Banana Republic card is best for your shopping habits.
There are Actually Two Different Banana Republic Credit Card Options (and you don't get to choose)
Banana Republic offers two separate credit cards for their customers.
Their in-house credit card is backed by Synchrony Bank, one of the largest retail credit card issuers.
Synchrony is also part of General Electric's financial group.
The second Banana Republic credit card is issued by Visa.
You can use both of these credit cards to pay for your in-store or online shopping sprees at Banana Republic.
Bonus: The Banana Republic credit cards also work for in-store and online purchases you make at other retailers that are part of Banana Republic's parent company, Gap Inc.
You'll be able to make purchases from all these stores (and their corresponding factory/outlet locations) in the U.S., Canada, and Puerto Rico with either Banana Republic credit card.
You'll be able to make purchases from all these stores (and their corresponding factory/outlet locations) in the U.S., Canada, and Puerto Rico with either Banana Republic credit card.
The Banana Republic Credit Card is Perfect for Fans of Gap Inc. Stores and Applicants with Lower Credit Scores
You can only use the Banana Republic card for Gap Inc. store purchases.
When retail stores offer credit cards to their customers, they try to keep the credit approval process as easy and lenient as possible.
After all, companies don't want to risk losing their loyal customers because they were denied for a credit card that would help them make more purchases at their store.
Because of this, in-store credit cards are easier to qualify for, but you can only use them for purchases made from those specific retailers.
While it may be limiting for some people to only shop at Gap Inc. stores, if you're a fan of these retailers you won't mind as much.
If you'd like more purchasing options and your credit score is average or higher, you may be approved for the Banana Republic Visa credit card.
The Banana Republic Visa Credit Card Lets You Earn Rewards Anywhere Visa is Accepted
If you're approved for the Banana Republic Visa credit card, you'll be able to make purchases with your card anywhere Visa is accepted (which is pretty much everywhere).
Unlike only being able to charge purchases from Banana Republic and other Gap Inc. stores, feel free to use your card at the grocery store, gas station, restaurant, etc.
Both Banana Republic Credit Cards Have the Same Rates and Fees
So if you don't qualify for the Banana Republic Visa card, you're not missing out on much.
Both Credit Cards Come With 25.74% APR
Retail credit cards are notorious for scary high interest rates because they approve such a wide pool of applicants.
A high interest rate gives the issuing bank a safety net of funds to cover situations like defaults from less than perfect applicants.
The National Average for credit card APR is currently around 16%.
Rewards cards and cash back cards typically have APRs between 16–18%.
And credit cards issued to applicants with bad or poor credit generally start at 23% APR.
With an APR of 25.74%, the Banana Republic credit card APR is higher than all of these.
This means you'll want to pay off your purchases as soon as possible so you don't accrue sky-high interest charges.
Neither the Banana Republic Store Card Nor the Banana Republic Visa Credit Card Charge an Annual Fee
While most rewards cards charge their members an annual fee to subsidize the cashback and rewards they pay out, Banana Republic lets you use their credit cards for free.
But the Banana Republic Visa Credit Card Carries Extra Fees for Additional Services
Banana Republic Visa cardholders will be allowed to take out cash advances from ATMs with their credit card.
Just be warned that the APR for cash advances is 27.74%, or two points higher than your regular purchase APR.
Plus, you'll be charged either $10 or 4% of the amount of your cash advance (whichever is greater) as a fee on top of that.
Additionally, Banana Republic Visa members will be hit with a 3% foreign transaction fee for each transaction they make with their cards outside the country.
Since regular in-house Banana Republic cardholders don't have access to these services, they don't have to worry about these fees.
So how much should you expect your Banana Republic line of credit to be?
Initial Banana Republic Credit Card Limits are Usually Between $500–$2,000 Depending On Your Credit
If you're only approved for the in-house Banana Republic credit card, you may be given a $300–$1,500 credit limit, depending on your credit history.
Applicants approved for the Banana Republic Visa card have seen credit limits upwards of $10,000 with good credit scores.
Holders of both cards have noticed that their credit limits increase automatically if they display responsible borrower behavior, such as paying off their balances, never missing a payment, etc.
But you can always request a credit line increase (CLI) yourself.
It's Easy to Increase Your Banana Republic Credit Card Limit On Your Own
Don't get discouraged if you're only approved for a Banana Republic credit limit that doesn't give you room to flex your shopping muscles.
One Banana Republic cardholder reportedly asked for a CLI from $1,400 to $6,000 and was approved.
All he had to do was answer a few questions about his income.
Another requested a bump from $1,700 to $6,000, but was only approved to hit the $2,700 credit limit mark.
That's still a nice boost.
Synchrony even appears to increase credit limits without a hard pull on your credit, saving you nearly 3–5 negative points on your credit score.
The ability to easily increase your credit limit is just one advantage the Banana Republic credit cards have over other retail cards.
Let's talk about all the other good stuff.
The Perks of a Banana Republic Credit Card will Make Hardcore Shoppers Really Happy
What's the use applying for a rewards card if you're not that crazy about the rewards?
Fans of Banana Republic will not be disappointed that they'll have access to benefits such as:
Exclusive Promotions, Sales, Free Shipping, and Birthday Gifts for Cardmembers
All new cardholders receive 20% off their first purchase using their Banana Republic card.
They also know about sales in-store and online before anyone else.
Cardholders get to shop before the public and grab their discounted merch before it sells out.
They even earn free shipping for their online orders over $50.
Banana Republic cardholders also have Double Points shopping days where they'll have the chance to earn double the amount of points for their purchases.
Join the Banana Republic cardmember club and you'll even snag a free birthday gift.
These perks apply to both Banana Republic store and Visa cards.
The Banana Republic Reward Program Gives You 5 Points for Every Dollar You Spend
Each dollar you charge on your Banana Republic cards for purchases made in-store or online scores you five reward points.
Spend $50, earn 250 points. Pretty easy.
Banana Republic Visa credit card members also earn one point for every dollar they charge at locations outside the Gap Inc. retail group.
So if you spend $50 at the grocery store, you'll earn 50 Banana Republic points.
Here's the fun part: once you earn 500 points, you'll receive a $5 Reward that's good towards your next Banana Republic purchase.
Depending on how many points you've earned in a billing cycle, your Reward could be any $5 increment between $5 and $50.
Your points also rollover so you won't lose them.
So if you don't have 500 points or your points are worth more than $250 in Reward money, your points will be applied to rewards in your next billing cycle.
There's no limit to how many points you're allowed to earn in a calendar year, but if you earn 5,000 points you'll automatically reach Luxe status.
Upgrade to Luxe Status By Earning 5,000 Points In a Single Calendar Year
When you reach Luxe level, or the Banana Republic premiere cardmember status tier, you'll enjoy 20% additional Reward points based on what you earn every three months.
So let's say you earned 500 Reward points at the end of the first quarter of the year.
Banana Republic will add 100 extra Reward points (20% of 500) just for being a Luxe cardholder.
Luxe members also get Triple Shopping Days where their shopping points are tripled to rack up Reward points fast.
Plus, every Luxe member gets to create their very own all-day savings pass for a custom Choose Your Own Sale Day.
Luxe cardmembers also get free shipping for all their online orders — no minimum spending required.
Banana Republic even offers their Luxe members unlimited complimentary basic alterations on their new Banana Republic clothing.
Luxe members don't wait around for customer service either.
They have their own exclusive customer service line if they ever have issues or questions (1-866-450-2335).
Want to be part of the club?
You Can Apply for a Banana Republic Credit Card in Less Time than it takes to Post a Selfie
Just spare five minutes of your time to fill out a quick credit card application in-store or online.
The Online Banana Republic Credit Card Application is an Easy, Convenient Option for Quick Approvals
Head over to the Banana Republic website (http://bananarepublic.gap.com) and you'll see a link in the top right corner for their Credit Card.
Click one of the many buttons to Apply for the credit card.
Then you'll need to hand over some basic information, such as your name, address, phone number, and email address.
Be prepared to add personal information like your social security number, annual net income, and date of birth as well.
You'll also decide up front if you want paper statements mailed to your address or economically- and environmentally-friendly electronic statements emailed to you.
Tip: Enroll in paperless statements and you'll be credited with 500 bonus Rewards points.
Once you check off the box agreeing to all the terms of your credit card's fine print, hit the submit button and send off your application.
It takes less than a minute for an approval to appear on your screen.
Here's where you'll find out if you've been approved for the store credit card or the Banana Republic Visa card.
Watch Out for these 4 Reasons Your Banana Republic Application May Be Denied
In order to gain approval for a Banana Republic credit card, you must be at least 18 years old, have a U.S. address, and either a social security number or taxpayer ID number.
Additionally, you may find it harder to get approved if you have bad or poor credit.
You should still apply for the Banana Republic credit card because even if you're denied, you'll receive a letter in the mail within 30 business days listing the reasons why you weren't approved.
You'll know which areas of your financial history you'll need to work on, like improving your credit score, before you try applying again.
You Can Manage Your Banana Republic Credit Card Account Entirely Online to View Your Balance, Schedule Upcoming Payments, and More
Register and activate your Banana Republic card online using your credit card number and your zip code.
Then you'll be able to login and access your account dashboard to check your credit card balance, add an authorized user, make a payment, see how many Reward points you've stashed, and much more.
You even get 500 bonus points for registering your email address.
Once you're given the green light, you can start using your credit card number for purchases ASAP.
Your Physical Banana Republic Credit Card Should Arrive in 2 Weeks
While you'll be able to shop at Banana Republic stores and online using your new Banana Republic credit card number, you'll have to wait up to two weeks for your physical credit card to arrive in the mail.
You Can Check the Status of Your Application by Contacting Customer Service
If your application needed additional information before it could be approved, you should be contacted in the mail or at the phone number you provided in your application by a representative from the Banana Republic credit card services.
To check on the status of your application yourself, or if you haven't received your card in the mail after an approval, call the BR Card customer service line at 1-800-234-7455.
After you receive your shiny new credit card, make a few purchases, and earn some points, set an alarm to remind yourself to pay your Banana Republic credit card bill on time (or face those hefty late fees!).
You Have Three Different Options for Paying Your Banana Republic Credit Card Bill
You can pay your monthly Banana Republic credit card bill by mail or online by logging into your Banana Republic account dashboard.
If you want to make a payment over the phone, you will be charged a fee if your payment needs to be expedited.
You're only allowed to pay your bill using a physical or electronic check or money order.
Heads up: you won't be able to make a payment using a credit card.
As long as you make your minimum payment by 5 p.m. EST on your due date, your account will continue to be in good standing.
Learn How Your Minimum Payment Is Calculated to Keep Your Account in Good Shape
Your total minimum payment will be the greater of $25 or the sum of:
- Any past due amounts; PLUS
- 1% of your new balance shown on your billing statement (excluding any balance in connection with a special promotional purchase with a unique payment calculation); PLUS
- Any late payment fees charged in the current billing cycle; PLUS
- All interest charged in the current billing cycle; PLUS
- Any payment due in connection with a special promotional purchase with a unique payment calculation.
Banana Republic will round up to the next highest whole dollar to determine your total minimum payment.
The minimum interest charged on your account will be no less than $1.00 for Banana Republic cardholders and no less than $1.50 for Banana Republic Visa cards.
Don't Miss Your Minimum Payments; Your First Late Fee is $27 and Increases After That
The first time you fail to make your Banana Republic credit card payment by your due date you'll be charged a $27 late fee penalty.
But if you miss a payment twice within six consecutive billing cycles, you'll be charged a $37 late fee. Ouch.
At least you'll still have access to all your cardmember benefits.
The Pros of Carrying a Banana Republic Credit Card Outweigh the Cons if You Like Banana Republic Merch
Besides yearlong cardmember-only exclusive discounts and a sweet birthday gift, the advantages of holding a Banana Republic credit card also include:
Earning 20% Off Your First Purchase After You Open a Banana Republic Credit Card Account
Open your account with a sweet discount and pay off your balance before it accrues interest and you'll basically use your new credit card like a big coupon.
Earning 5 Points for Every $1 You Spend at Banana Republic
Cardholders say it's easy to rack up 500 points and snag a $5 Reward (oftentimes more) every other billing cycle (at least).
Shop there often enough and these discounts will really add up to major savings on high-quality products.
Plus, since you can earn an unlimited amount of points, you'll quickly work your way to Luxe level and start taking advantage of all those perks we discussed earlier.
Banana Republic Visa Credit Card Members Also Earn 1 Point for Every Dollar they Spend on Visa Purchases
While Banana Republic cardholders can only accumulate points with their Gap Inc. store purchases, customers with the Banana Republic Visa card can use their card at the gas station, salon, grocery store, etc. and earn Reward points there as well.
This is the fastest way to earn larger Rewards and upgrade to Luxe status.
Visa cardmembers are also entitled to special Visa-only member offers and promotions that constantly change.
Loyalty Rewards for Loyal Shoppers
As a Banana Republic credit card holder, you won't need a receipt if you need to return something you're not crazy about.
And you'll receive free standard shipping on all online orders over $50.
Luxe members get free shipping sans minimum spending requirement.
Banana Republic cardholders also have access to Double and Triple Points Days where they can collect double or triple Reward points for every dollar they spend.
Luxe level cardholders even get a Choose Your Own Sale Day savings pass, which lets you create a sales day out of any ol' boring day of the week.
While the benefits of being on team Banana Republic credit seem too good to pass up, there are three downsides you also need to consider as well.
The Cons of a Banana Republic Credit Card Affect Members Who Carry a Balance or Don't Shop There Often
If you're not responsible with your spending or you're just not that into Banana Republic (and other Gap Inc. brands), you may not see the value in their credit cards as much as carrying other types of rewards cards.
The three most common complaints about the Banana Republic credit card are:
1. The High APR Will Make Your Purchases More Expensive if You Accrue Interest
The Banana Republic credit card tacks on a pricey 25.74% APR — which is only a few points higher than the APR charged credit card applicants with bad credit.
Having high credit usually qualifies you for lower interest rates, but everyone, regardless of their credit history, will be faced with this same high APR when they use their Banana Republic card.
Applicants may be better off applying for credit cards that offer rewards and have lower interest rates, or at least APRs that correspond with their creditworthiness.
If you don't pay off your balance in full each month, this high interest rate will add money to your purchases in the form of interest fees.
If you're paying more in interest than the discounts you're earning, the math doesn't work in your favor.
2. Your Rewards are Basically Just Banana Republic Coupons
Unlike other credit cards that offer rewards in the form of cash back or gifts you can purchase using your points, you can only redeem your Banana Republic Reward points in the form of store discounts.
If you're not a regular Banana Republic or Gap Inc. brand shopper, you may want a reward card with more flexibility.
3. Use Your Reward Points ASAP Because They Expire
Every Reward you receive will be printed with dates by which you'll need to redeem your discount.
If you don't shop at Banana Republic during that time period, you'll lose your Reward and all your accumulated points spent earning it will be for nothing.
Despite these cons, members have fairly favorable views about their Banana Republic credit card.
As Long as You Understand High APR and You Dig Shopping at Banana Republic, You're Going to Love the Banana Republic Credit Card
Cardmembers who love Banana Republic enjoy earning points and future discounts for shopping they're already doing.
Early access to sales doesn't hurt either.
From a financial standpoint, cardholders have reported higher-than-average credit limits as far as retail store cards go.
There's also a fairly simple process to increase your credit limit.
Both these help many customers boost their credit scores (as long as they're spending and paying off their balance responsibly) for a positive experience.
However, several cardholders stress that the Banana Republic credit card and their Reward system isn't worth the very high interest rates.
Many have also complained of receiving poor customer service when they need to discuss issues over the phone.
Still Curious About the Banana Republic Credit Card? Here are the Most Frequently Asked Questions:
Know all the facts before applying for your Banana Republic credit card by checking out these FAQs:
What Can You Use a Banana Republic Credit Card For?
Use your Banana Republic credit card to make purchases online or in-store at any retailer under the Gap Inc. umbrella of stores (Gap, Banana Republic, Old Navy, and Athleta).
Where Can I Use My Banana Republic Credit Card? What Stores Can I Use My Banana Republic Credit Card In?
Swipe your Banana Republic card for any purchases made at Gap Inc. retailers, such as Banana Republic, Gap, Old Navy, and Athleta.
Your card will work in-store and for purchases made online.
It will even be accepted at these stores' corresponding outlet/factory locations.
If you have a Banana Republic Visa credit card, you'll also be allowed to use your card for purchases made anywhere Visa is accepted, not just within the Gap Inc. family of stores.
Can I Use My Banana Republic Credit Card Online? Will I Be Charged for Shipping If I Use My Card for Online Purchases?
Yes, you can use your Banana Republic credit card to pay for online purchases.
Banana Republic cardholders will need to spend a minimum of $50 to qualify for free standard shipping.
Cardholders in the Luxe tier will always have free online shipping without a minimum threshold amount their shopping cart needs to hit.
What Credit Score Do I Need to Get Approval for the Banana Republic Visa Card?
Synchrony Bank doesn't specify a credit score they require for approving applicants for Banana Republic credit cards.
However, applicants will only qualify for the Banana Republic Visa card if they have good to excellent credit (i.e., credit scores around the 700+ range).
Don't worry if your credit score is less than perfect.
The Banana Republic in-house credit card will be easier to qualify for than the Visa.
You may have a shot even if your credit score is below 600.
Though the application process is free, you should expect Synchrony Bank to pull a hard inquiry on your credit history, which does have the potential to lower your credit score by 3–5 points.
You canlearn about the difference between bad and excellent credit to see where yours falls.
Will My Credit Score Drop if My Account is Closed?
Closing your Banana Republic credit card account may lower your credit score because you're eliminating a line of credit that's been used to calculate your credit utilization rate.
This is a large factor in determining your credit score.
Let's say you have a combined credit card limit of $10,000 from all your accounts, including a $5,000 credit line from Banana Republic.
You owe $3,000 in debt, but your Banana Republic card is paid off.
You're utilizing 30% of your credit, what experts consider responsible, safe, and the best way to increase your credit score.
Closing your Banana Republic account would decrease your overall spending power from $10,000 to $5,000.
Of your $5,000 line of credit, you're already in the hole $3,000.
Now you'll be utilizing 60% of your credit, double the recommended amount.
The higher your credit utilization ratio, the lower your credit score may fall.
Which Credit Bureaus Does the Banana Republic Credit Card Report To?
Expect late payments, missed payments, and other defaults and payments on your Banana Republic account to be reported to all three credit bureaus.
Is There an Expiry Date on the Banana Republic Credit Card?
Your Banana Republic credit card will not expire, but your Reward certificates each have dates by which your coupon will need to be used.
Can I Use My Banana Republic Credit Card Without the Card?
If you forget your credit card and you're at a Banana Republic store, an associate will be able to look up your account at the register so you can make a purchase on your credit card.
If you're making a purchase online, simply login to your Banana Republic credit card online account dashboard and you'll be able to retrieve your credit card number to use during your transaction.
How Soon Can I Use My Banana Republic Credit Card Once I Receive It?
You can use your Banana Republic credit card for purchases immediately after you're approved for one.
To use your actual credit card, you'll need to activate and register it online after you receive it in the mail. Expect that to take approximately two weeks.
How Do I Add an Authorized User to My Banana Republic Credit Card?
Login to your Banana Republic credit card account dashboard and you can add an authorized user to make purchases with your credit card right from there.
Can Someone Co-sign for a Banana Republic Credit Card?
No, someone cannot co-sign a Banana Republic credit card with you.
Do Veterans Get Extra Promotions When Using a Banana Republic Credit Card?
The Banana Republic Factory Store offers a flat 10% discount for veterans every single day.
However, there are no regular promotions for veterans using their Banana Republic credit card.
Are There Any Upgrades to the Banana Republic Credit Card?
Earn more than 5,000 Reward points (or spend at least $1,000) on your Banana Republic credit card and you'll automatically get upgraded to Luxe level status.
When you're in this top tier, you'll earn additional discounts, free online shipping, Triple Points Reward Days, a Choose Your Own Sale Day, and unlimited, free, basic alterations of all the clothes you purchase at Banana Republic.
How Can I Check My Banana Republic Credit Card Balance?
Login to your online Banana Republic account dashboard and you'll be able to view your credit card balance, statements, and piles of Reward points.
Can I Withdraw Money from a Banana Republic Credit Card? If So, How Does that Work?
You cannot withdraw money from the in-house Banana Republic card.
But you are allowed to take out a cash advance if you have the Banana Republic Visa credit card.
Can I Get a Cash Advance from a Banana Republic Credit Card? What are the Related Fees for Doing So?
You may only take out a cash advance if you have a Banana Republic Visa credit card.
This will allow you to withdraw and pull out cash against your Banana Republic Visa card's credit limit.
Though it may be convenient, the APR for cash advances is 27.74%, or two points higher than your standard APR for your regular purchases.
So if you fail to pay back your withdrawal before it starts to accrue interest, you'll be paying a pretty penny for it.
Plus, you'll be charged either $10 or 4% of the amount of your cash advance (whichever is greater) as a fee on top of your high interest rate.
Can I Pay My Banana Republic Credit Card Bill with a Gift Card, Different Credit Card, or PayPal?
No. You can only pay your Banana Republic credit card bill with a paper or electronic check or a money order.
You cannot use gift cards, credit cards, or PayPal to make your monthly credit card payment.
How Do I Contact Banana Republic Credit Card Services?
You may contact the Banana Republic Credit Card Customer Service line at 1-800-234-7455.
Cardholders of the Banana Republic Visa card need to dial 1-866-450-2330.
Luxe tier members have their own dedicated BR Luxe Card Customer Service line: 1-866-450-2335.
Write Banana Republic credit card services at:
Gap Inc./Synchrony Bank
PO Box 965004
Orlando, FL 32896-5004
How Do I Report a Stolen Banana Republic Credit Card?
If your Banana Republic credit card is ever lost, stolen, or used without your explicit consent, you must contact the appropriate Banana Republic Credit Card Customer Service line so they can stop future fraudulent purchases on your account:
- Banana Republic Credit Card holders: 1-800-234-7455
- Banana Republic Visa Card members: 1-866-450-2330
- BR Luxe cardholders: 1-866-450-2335
You will not be liable for any unauthorized purchases made with your card.
What is the Credit Insurance Program and How Will It Cover Me if I Lose My Job?
Credit insurance programs work like other types of insurance: you pay a premium (or fee) and they'll help you out with a bill whenever you're in trouble.
In the case of credit insurance, your credit insurance company will help you make your monthly payments when you can't afford them on your own, such as when you're injured and unable to work or lose your job.
Though Banana Republic does not specifically offer a credit insurance program for their credit cards, other insurance companies will cover retail credit cards.
Learn what you should consider before signing up for credit insurance to find out more.
How Long Does it Take Banana Republic to Refund My Credit Card?
If the refund is applied to your credit card, Banana Republic says it may take up to 10 business days to post the refund to your account.
Once refunded, you should not be paying interest on the credited amount.
Make sure to watch this carefully as cardholders have reported being charged interest on refunded purchases even after they received the refund.
How Can I Cancel My Banana Republic Credit Card?
Close your account and cancel your Banana Republic credit card at any time — as long as your balance is paid off.
All you have to do is send a letter to the address shown on your billing statement or call the appropriate customer service line for your credit card.
- Banana Republic Credit Card Customer Service: 1-800-234-7455
- Banana Republic Visa Card Customer Service: 1-866-450-2330
- BR Luxe Card Customer Service: 1-866-450-2335
Write Banana Republic credit card services at:
- Gap Inc./Synchrony Bank
- PO Box 965004
- Orlando, FL 32896-5004
Is It Worth Getting a Banana Republic Credit Card if I Don't Shop There?
Deciding between store cards and traditional credit cards is one of the hardest financial decisions you'll face as you diversify your credit.
The Banana Republic credit cards reward loyal shoppers of Gap Inc. stores with discounts, special promotions, and other exclusive perks and benefits.
But if you're just not that into shopping at the Gap, Banana Republic, or the other retailers under the Gap Inc. umbrella, you may be better off comparing rewards credit cards that offer you a lower interest rate and greater flexibility in how you earn and get to spend your rewards.
In the end, once you learn how to choose the best credit card, you'll know which factors are most important to your spending habits and avoid cards that may set you up for financial failure.
The Banana Republic card's high interest rate has the potential to rack up serious debt, but as long as you're responsible, you'll be able to buy all the khakis and cashmere sweaters your closet's begging for knowing you'll be rewarded later.