![]() 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. 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. You should have good odds of approval for a Comenity credit card if you have a 640+ credit score and consistent income. 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.”Īnnual Gifts: Certain retail cards give you a bonus every year on your birthday. It is not hard to get approved by Comenity Bank because most of the credit cards issued by Comenity Bank are available to applicants with fair credit or better. 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.” View customer complaints of Comenity Bank, BBB helps resolve disputes with. 1,959 complaints closed in the last 12 months. AND you also get double points on all bra purchases. 5,265 total complaints in the last 3 years. Victorias Secret Accounts are issued by Comenity Bank. That works out to a rate of 4% or 6% in the highest tier.īut wait, there’s more: during your cardmember anniversary month, you get triple points! So that boosts this card to 12%/18%. This site gives access to services offered by Comenity Bank, which is part of Bread Financial. For the Angel Forever card ($1,000 spent) you get $15 for every $250 spent. 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. Rewards: The Victoria’s Secret credit card offers different tiers based on your spending on it. $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. Sign-up bonus: The Victoria’s Secret credit card gives you $15 off your next purchase. 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. Your account information is better protected from counterfeit fraud, thanks to a unique code that’s created with every purchase. Account information is locked in with the embedded chip. ![]() Enjoy your same great benefits, now with added security. Seems like you're caught up in Comenity's bust-out algorithm because of too many recent credit applications.Believe it or not, a lot of readers have asked me to write up the Victoria’s Secret credit card. The new Victoria Credit Card and PINK Credit Card better protects you and your data. Overpayments with bad checks are often made in the final stage of the bust-out, temporarily inflating the credit limit and causing losses greater than the account credit limit." 1 Maintain or reach Gold status by spending 750 at VS or PINK by Dec. Eventually, the fraudster uses all available credit and stops making payments. At our most exclusive tier, Gold Cardmembers earn rewards 3x faster using their Victorias Secret Credit Card. Over time, he or she obtains additional lines of credit and requests higher credit limits. The fraudster makes on-time payments to maintain a good account standing, with the intent of bouncing a final payment and abandoning the account.ĭuring the process, the fraudster bills up a history of good behavior with on-time payments and low utilization. About a year or two ago I was told they would take the hold off since I did. I was told sometimes the customers put the card on hold for no increase. I have had on time payments, increases salary and even spoke to a representative. It occurs when a consumer applies for and uses credit under his or her own name, or uses a synthetic identity, to make transactions. I have had my Victoria secret by comenity bank credit card since 2015 and never had an increase since I opened it. "Bust out fraud, also known as sleeper fraud, is primarily a first-party fraud scheme. But this denial is clear that Comenity is thinking about "bust out" or "first party" fraud: The law requires lenders to give you a reason for a denial of credit but they aren't required to give you a specific reason so many times they will give a generic reason that might not be applicable to your individual situation. These two denials along with the other one from Simmons Bank, are a very strong indication that you are applying for credit way too often.
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