Learning how to get a Banana Republic credit card is not difficult if you just know the correct steps to take. On this page you will find information on the various credit cards offered by the Banana Republic, their benefits and how to go about applying for them.

There are two different Banana Republic credit cards available; The Banana Republic Card and the Banana Republic Visa Card. If you like shopping at Banana Republic, Gap, Old Navy, Piperlime and Athleta stores these cards actually give you rewards for doing so. Besides this there are many other rewards you get just for using the card. You will find detailed information on this below.https://secure-bananarepublic.gap.com/profile/info.do?cid=7864&mlink=5001,1692464,5&clink=1692464

Banana Republic was founded in 1978 as Banana Republic Travel and Safari Clothing Company. The founders, Mell Ziegler and his wife Patricia, opened the first store in Mill Valley, San Francisco. The idea for Banana Republic came about when Patricia altered one of her husband's military jackets to make it look like an everyday garment. Many compliments followed leading to the birth of the retail store. In 1983 Banana Republic became a subsidiary of The Gap, Inc. with stores not only in the United States, but also in Canada and Japan. You can find accessories, shoes, personal care products and intimate apparel under the Banana Republic label.http://www.gapinc.com/public/OurBrands/brands_br.shtml http://www.fundinguniverse.com/company-histories/Banana-Republic-Inc-Company-History.html

If you like the fashions that are sold at Gap, Inc. owned stores, or if you simply want a credit card, you might want to consider getting one from Banana Republic.

HOW TO APPLY:

Applying for the Banana Republic Card can be done in person at Banana Republic stores or on the Banana Republic website. If you apply online or in person you can be instantly approved or declined. If you are approved your card will be mailed to you and if you are declined you will receive a letter explaining why. When you apply for a Banana Republic Credit Card you automatically will first be considered for the Banana Republic Visa Card. If this isn't approved, you will be considered for a regular Banana Republic Credit Card. Also keep in mint that purchases made with your Banana Republic Credit Card or Banana Republic Visa Card at store Locations outside the U.S., Puerto Rico and Canada don't result in rewards points.

REQUIREMENTS:

To apply for any credit card there are certain requirements you have to meet. The requirements to apply for the Banana Republic Card are as follows:

• You have to be a U.S. resident
• You have to have a U.S. issued Social Security number
• You have to be 18 years of age or older
• You have to have a U.S. address (no PO Box)
• You can have no bankruptcies in your credit history
• You cannot have been declined credit by GE Money Bank within the last 6 monthshttps://www.onlinecreditcenter2.com/eapplygen2/load.do?cHash=711671167&subActionId=1000

BENEFITS:

Before applying for any kind of credit card, you want to make sure to check what the benefits are. Banana Republic rewards you for shopping with your Banana Republic Card by giving you reward points. Once you save up 1000 points you will receive a $10 rewards card that can be spend at Banana Republic, Gap, Old Navy, Peperlime and Athleta stores. Following is a summary of the other benefits of the Banana Republic Card:

• For every dollar spend at Gap, Inc owned stores you get 5 reward points.
• Special birthday savings.
• Exclusive offers and promotions.
• Free online shipping if you order is over $100 (restrictions apply)
• A one time reward of 1500 points for signing up for email and voice message updates.
• A 15 percent discount for the first purchase made after credit card approval. https://secure-bananarepublic.gap.com/profile/info.do?cid=7864&mlink=5001,1692464,5&clink=1692464#

INTEREST, FEES & CHARGES:

Credit cards charge interest, fees and charges when making your scheduled credit card payments. There are penalties for late payments and many other penalties can apply. The Banana Republic card has the following terms and conditions:

1. Annual Percentage Rate (APR): 23.99%.
2. Minimum finance charge: $1.00.
3. Over limit fee: $29.
4. Late payment fee: $0 - $39 depending on balance.
5. Returned payment fee: $29.https://chb.onlinecreditcenter6.com/consumereApply/Internet/bananarepublic/en/js/TermsConditions.htm

HOW TO APPLY:

Another card offered by Banana Republic is the Banana Republic Visa Card. This card has more benefits when compared to the Banana Republic Card. Applying for this card can be done in person at your local Gap store or through the online application. If you are approved you will be notified of this immediately. If you are declined you will receive a letter in the mail. http://www.gap.com/customerService/info.do?cid=44653#

REQUIREMENTS:

The requirements to apply for the Banana Republic Visa Card include:

1. You have to be a Unites States resident
2. You have to have a U.S. issued Social Security number
3. You have to be 18 years of age or older
4. You have to have a U.S. address (no PO Box)
5. You can have no bankruptcies in your credit history
6. You cannot have been declined credit by GE Money Bank within the last 6 months.https://www.onlinecreditcenter2.com/eapplygen2/load.do?cHash=2114114118&subActionId=1000&mlink=,1612150,3&clink=1612150

BENEFITS:

The Banana Republic Visa Card has a bit more benefits for the owner of the card compared to the Banana Republic Card. Again, the benefits come in the form of style rewards points which you can get for shopping at Gap it's associated stores. Once you save up 1000 points you will receive a $10 rewards card that can be spend at Gap, Old Navy, Peperlime, Banana Republic and Athleta. Following is a summary of the benefits of the Banana Republic Visa Card:

1. For every dollar spend at Banana Republic and its affiliate stores you get 5 reward points.
2. For all purchases made with your visa card you get 1 reward point per dollar spend. This can be at restaurants, grocery stores, gas stations and all other visa accepting merchants.
3. Exclusive offers and a bonus on your birthday.
4. Access to sneak previews and special offers.
5. Accepted worldwide.
6. You get 15 percent of your first purchase after credit card approval.https://secure-bananarepublic.gap.com/profile/info.do?cid=7864&mlink=5001,1692464,5&clink=1692464#

INTEREST, FEES & CHARGES:

1. Annual Percentage Rate for purchases: 18.24% or 21.24% (depending on credit).
2. Annual Percentage Rate for cash advances: 23.24%.
3. Minimum finance charge: $1.50
4. Annual fee: $0.
5. Late payment fee: $0 - $39 depending on balance.
6. Balance transfer fee: $5 or 3% of the amount of the transfer.
7. Cash advance fee: $10.00 or 3% of the amount of the advance.
8. Returned payment fee: $29.
9. Over limit fee: $29.https://chb.onlinecreditcenter6.com/consumereApply/Internet/bananarepublic/en/js/TermsConditions.htm

Purchasing items using a store credit card has its positive points and negative points. If you don't have the cash readily available purchasing items using a credit card can be quite convenient. However, many people tend to forget that they do have to pay back the money to the credit card company. Often interest and fees increase the amount you would have paid if you had used cash. Following are some pros and cons of using store credit cards:

PROS:

1. You can build your credit by paying off the store credit card on time.
2. You get rewarded for shopping with points, discounts or bonuses.
3. Upon approval some cards give you an extra discount off your first purchase.
4. You can make store returns without a receipt.
5. Sometimes gift wrapping services to card holders can be offered for free
6. Store credit cards are easier to get approved for compared to traditional credit cards.

CONS:

1. Most store credit cards have high interest rates.
2. Store credit cards tend to have low credit limits which are reached easily and may lower your credit score.
3. Applying for a store credit card will result in an inquiry on your credit report.
4. Even if you close the account it will stay on your credit report for 7 years. http://www.jsnet.org/news-article/pros-and-cons-of-store-credit-cards/