The TJX Rewards Platinum Mastercard is a good choice if you are an everyday T.J. Maxx or sister store customer; otherwise, there are more rewarding and flexible options.
The TJX Rewards® Platinum Mastercard®, issued by Synchrony Bank, can be a great sidekick to the deal-savvy shopper who prowls through T.J. Maxx and affiliated stores for great bargains.
Specifically, most general credit cards are not going to give bonus rewards at discount outlets, so for the T.J. Maxx loyalist already getting a marked-down price, this $ 0 annual fee card can be precious.
It can be used anywhere Mastercard is accepted, but if you don’t frequently shop under the TJX brand umbrella, you’ll rack up rewards slowly, and the redemption options can be limiting.
Here are five things to know about the card:
TIPS FOR BREAKERS
There's also a store-only version of this card. This one lacks some of the frills, but otherwise is just as good. The review details only the open-loop TJX Rewards® Platinum Mastercard®, which can be used anywhere Mastercard is accepted.
1. T.J. Maxx die-hards can earn rewards .
The TJX Rewards® Platinum Mastercard® offers a high rewards rate in-brand, whether you shop rack or web.
- 5 points on every $1 spent in-store at any of the TJX family of stores, which includes T.J. Maxx, Marshalls, HomeGoods, Sierra Trading Post, and Homesense.
- 1 point per $1 on everything else.
Points are worth a penny each, but there’s only one redemption option: For every 1,000 points you earn, you’ll receive a $10 rewards certificate to use on purchases either in-store or online at the above merchants. Certificates can be issued in either $10 or $20 denominations.
If you’re that T.J. Maxx shopper who does big batches for back-to-school, birthdays, and holidays, then you can amass serious points.
2. …though this isn’t ideal for everyday purchases.
Of course, you can’t buy everything at T.J. Maxx. Your everyday spend on groceries, gas, and restaurant meals will earn a thin 1 point per $1, and you’ll be locked in only using those rewards in one place: within the T.J. Maxx family of brands.
You may want to get a cash-back credit card if you need much more flexible ways of earning and redeeming rewards. For example, the Wells Fargo Active Cash offers 2% cash back on purchases. This can add up even more quickly, and you’ll be able to redeem your collected Cash Back in the form of a deposit into an eligible Wells Fargo bank account, a statement credit, or a check at your will and wish.
There’s no annual fee. Of course, you’re not necessarily limited to just one card.
You might instead want to use the TJX Rewards® Platinum Mastercard® at TJX and the Wells Fargo Active Cash® Card anywhere else.
3.There’s an upfront incentive, but it won’t fund a shopping spree.
The TJX Rewards Platinum Mastercard knocks 10% off your first in-store or online purchase. That’s an OK discount on a big purchase, but you might get more value from introductory incentives on an all-purpose rewards credit card.
4.You can get first priority on merchandise .
The TJX Rewards® Platinum Mastercard® gets you in on exclusive shopping events—in-store and online.
You can view the merchandise before it is exposed to other customers. Depending on the event, you might also snag some treats or prizes.
5.. But you won’t want to carry a balance
This card does not offer an introductory APR, so if you’re looking to finance a new wardrobe for work or some furniture for a remodel, you should look elsewhere.
The regular APR is 32.24% Variable. If you carry a balance, you will find the rewards whittled away at and, hence, need to pay your entire account balance in full on time each month.
If you are looking for some space on interest for a big purchase, you are better off with a general rewards card offering an introductory 0% APR period. For other options that might be a better fit for where you tend to spend, see NerdWallet’s best credit card roundup.
FAQs
Q1: What is a T.J. Maxx card?
A T.J. Maxx card is a store credit card that can be used to make purchases at T.J. Maxx, Marshalls, HomeGoods, Sierra Trading Post, and Homesense stores. It offers rewards and discounts for frequent shoppers at these brands.
Q2: How do you qualify for a T.J. Maxx credit card?
You’ll likely need a credit score of 620 or above to qualify for a T.J. Maxx credit card. The card is issued by Synchrony Bank.
Q3: What bank has T.J. Maxx credit card?
The T.J. Maxx credit card is issued by Synchrony Bank.
Q4: What is the credit limit for T.J. Maxx?
The credit limit for the T.J. Maxx credit card is not publicly disclosed, as it is determined on an individual basis based on the applicant’s creditworthiness.
Q5: Is TJ Maxx credit card free?
Yes, the T.J. Maxx credit card has no annual fee.
Q6: Is TJ Maxx credit card a visa?
No, the T.J. Maxx credit card is a Mastercard.
Q7: Can I use a TJ Maxx credit card anywhere?
The standard T.J. Maxx credit card can only be used at T.J. Maxx and its affiliated stores. However, there is also a TJX Rewards Platinum Mastercard that can be used anywhere Mastercard is accepted.
Q8: What is the purpose of TJ Maxx?
The purpose of T.J. Maxx is to sell brand-name merchandise at prices generally lower than other major department stores.
Q9: Who owns TJ Maxx?
T.J. Maxx is owned by the TJX Companies, Inc..
Q10: Can I withdraw cash from my TJ Maxx Mastercard?
No, the T.J. Maxx credit card cannot be used to withdraw cash. It is a store card, not a general-purpose credit card.
Q11: Is TJ Maxx card hard to get?
The T.J. Maxx credit card is considered moderately difficult to get, as it requires a credit score of at least 620.
Q12: What is the minimum payment on a TJX Credit Card?
The minimum payment on a TJX Credit Card is not publicly disclosed, as it is determined based on the cardholder’s balance and terms.
Q13: Can you get a TJ Maxx card with no credit?
It is possible to get a T.J. Maxx card with no credit history, but your approval odds may be lower. The card issuer, Synchrony Bank, will review your application and creditworthiness to make a decision.