T.J. Maxx Credit Card: Things to Know

The TJX Rewards Platinum Mastercard from Synchrony Bank can be considered to be an honourable companion for a bargain hunter who is out to score deals at T.J. Maxx and its stores.

Typically, general credit cards do not offer bonus rewards on purchases at discount outlets; for T. J Maxx faithfuls who already enjoy a reduced price,.the $0 annual fee card is worth it.

You can use it anywhere Mastercard is accepted, but if you do not often shop under the TJX brand umbrella, they will earn rewards slowly and may find the redemption options limited.

Also Read: Home Depot Credit Card Canada: Eligibility, How to Apply, and Login

Here are five things to know about the card:

T.J. Maxx loyalists can rake in rewards

The TJX Rewards Platinum Mastercard offers a high in-brand rewards rate whether you are shopping off the rack or on the web:

• 5 points for each $1 spent in the TJX family (Marshalls, Sierra Trading Post, HomeGoods, T.J. Maxx, and Homesense).
• 1 point for every $1 spent on all other purchases.

Points are worth a penny each, but there’s only one redemption option: You’ll get a $10 rewards certificate to spend on purchases in-store or online at any of the above retailers for every 1,000 points earned. 10 and 20.

If you shop at T.J. Maxx whenever, for anything – back to school, birthdays, holidays and whatever else you rack up some points.

But it’s not good for daily purchases

Needless to say, you can not purchase everything at T.J. Maxx. Your everyday spending on things like gas, groceries, and restaurant meals will earn a paltry 1 point per $1, and you will be locked into using rewards at one place among the T.J. Maxx brand family.

So, if you want more flexible redemption and earning opportunities, take a cash-back credit card instead.

For example, 2% cash back on all purchases is available from the Wells Fargo Active Cash Card. That can add up much faster and you could use your cash back as a bank account qualifying deposit, a statement credit or take it in the form of a check to spend however you would like. The fee per year is $0.

And you won’t have to settle for just one card necessarily. You could apply your TJX Rewards Platinum Mastercard on purchases with TJX and use the Wells Fargo Active Cash Card anywhere else.

There is an incentive, but it would not fund a shopping spree

TJX Rewards Platinum Mastercard allows you to save 10% on your first purchase in stores or online. That can provide a good size reduction in a large purchase, however credit card general rewards may have better introductory rewards.

You may get first merchandise dibs

The TJX Rewards Platinum Mastercard gets you invitations to members-only shopping events in online and store.

You can arrange the merchandise prior to other customers coming in. You may also get some goodies or prizes at the event.

But neither will you want future charges

There is APR no introductory 0% period with this, so should you need to finance a whole new work wardrobe or remodel project furniture, you might just want to look elsewhere.

The current APR is 32.24%. Variable ongoing. Allowing a balance to build up will reduce the rewards you receive, so always pay your balance off in full each month.

If you require grace on interest for a major transaction, then you should opt for a general rewards card that offers an introductory 0% APR period.

People May Also Ask

What does a T.J. Maxx credit card do?

The TJX Rewards Credit Card gives new card users a 10% discount on their first purchase in one of the company’s stores. They are offered five points for every dollar spent through the card on approved outlets. Once you reach 1,000 points, they give you a voucher valued at $10 in-store credit, equivalent to 5% off.

What is T.J. Maxx?

Maxx retail chain. This is how T.J. Maxx got such a name – the first letters of Marcus’ first and last names, as well as those of his partner, Arthur Blank, initiated it. “T.J.” stands for “The Junior,” which is the nickname his father had given him Marcus.

What is T.J. Maxx card?

Maxx and its associate brands are in the U.S., Puerto Rico, or any of the brands’ sites. The TJX Rewards Platinum Mastercard: This is a credit card that can be used in any place that has accepted Mastercard.

Is T.J. Maxx’s credit card free of charge?

TJX Credit Card is a good credit card for you if you shop in T.J. Maxx, Marshalls, HomeGoods, Sierra and Homesense stores. 1-5 points per dollar on purchases, 10% off your first purchase with no annual fee.