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The Banana Republic Visa® credit card review

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Get a generous rewards rate on Gap Inc. store purchases.

  • Get this card if you frequently shop at Gap Inc. stores.
  • Pick something else if you want a variety of reward redemption options.
  • Apply with a good to an excellent credit score of 670 or higher.


Welcome offer

Up to 5x



Annual fee


Purchase APR (variable)


Product NameThe Banana Republic Visa® credit card
Card typeVisa
Annual fee$0
Purchase APR25.99% variable
Balance transfer APRN/A
Cash advance rate26.99% variable
Cash advance fee$10 or 4% of the cash advance amount, whichever is greater
Foreign transaction fee3% of the transaction value
Interest free periodUp to 23 days
Late payment feeUp to $39
Rates & feesrates & fees

Expert review

Kliment Dukovski

Review by

Kliment Dukovski is a credit cards writer. He's written over 600 articles to help readers find and compare the best credit cards. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange, stock market trading and cryptocurrencies.

Expert review

The Banana Republic Visa® credit card could be an excellent choice if you often shop at Banana Republic, Gap, Old Navy and Athleta. It comes with a rewards rate of 5% on in-store or online purchases, cardmember benefits such as bonus points toward Luxe status and carries no annual fee.

The card also has a signup bonus: a 20% discount on your first online Banana Republic purchase within 90 days of account opening. This isn’t the most exciting welcome offer compared to competitors, especially since some cards allow you to use a similar discount any number of times within a 24 hours period.

Unfortunately, this card is somewhat punishing if you plan to carry a balance. It sports a 25.99% variable APR and offers no sort of intro period on purchases or balance transfers. This card is also a closed-loop card, meaning you can only redeem rewards on Banana Republic affiliated stores. Like with most store cards, your spending habits greatly affect how much value you’ll find in this card.

How to apply for The Banana Republic Visa® credit card

  1. Visit The Banana Republic Visa® credit card website.
  2. Click Apply now.
  3. Fill out the application form using your personal information and annual income.
  4. Add authorized user if you want.
  5. Review the application form and submit.

What credit score do I need?

Increase your chances of approval with a good to an excellent credit score of 670 or higher.

Card benefits

  • Signup bonus.
    Save 20% on your first Banana Republic online store purchase within 90 days of account opening.
  • Reward points.
    Earn 5x points on all in-store or online purchases at Banana Republic, Gap, Old Navy and Athleta, and 1x points on all other purchases. For every 500 points you earn, you’ll receive a $5 reward.
  • Cardmember benefits.
    Enjoy special offers and discounts, bonus points shopping days, a birthday gift and more.
  • Luxe status.
    Earn 5,000 bonus points in a calendar year to reach Luxe status. This includes free shipping, 20% quarterly bonus points, choose your own sale day and more.
  • No annual fee.
    You get to earn points and use Banana Republic perks without paying an annual fee.

What to watch out for

  • High APR.
    Pay a high APR of variable if you don’t pay your full balance on time. A low APR credit card could be a better choice if you often carry a balance.
  • No balance transfer option.
    This is not the card for you if you want to make a balance transfer. If that’s what you’re looking for, consider a balance transfer credit card.
  • Limited redemption options.
    Redeem your points only at Gap Inc. store locations.
  • Foreign transaction fees.
    You will incur a 3% fee of the amount of each transaction you make abroad or online at a foreign merchant.

Did you know: You can earn accelerated rewards at Gap Inc. stores with other credit cards.

Some credit card reward programs let you earn accelerated points on select stores, including stores within the Gap brand.

  • Chase shopping portal
  • Delta’s SkyMiles shopping program
  • Southwest Airlines shopping program
  • United Airlines shopping program

Compare rewards credit cards

Name Product Filter values Rewards Purchase APR Annual fee
Blue Cash Preferred® Card from American Express
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases
0% intro for the first 12 months (then 13.99% to 23.99% variable)
$0 intro annual fee for the first year ($95 thereafter)
Perfect for families: Get up to 6% on everyday purchases and a welcome offer worth $300. This heavy-hitter rewards card has uncontested value. Rates & fees
Blue Cash Everyday® Card from American Express
2% at US gas stations and select US department stores, 3% at US supermarkets on up to $6,000 per year, then 1% after that and on all other purchases
0% intro for the first 15 months (then 13.99% to 23.99% variable)
Get 3% cash back on groceries on up to $6,000 annually (then 1%) with no annual fee. This is a simple and effective rewards card. Rates & fees
Chase Freedom Flex℠
5% back in rotating categories up to $1,500 combined each activated quarter (then 1%), 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases
0% intro for the first 15 months (then 14.99% to 23.74% variable)
Get up to 5% cashback in rotating and newly added everyday categories. The refreshed Freedom Flex card has lots of earning potential.
Chase Sapphire Preferred® Card
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
15.99% to 22.99% variable
Earn a huge signup bonus worth $1,000 with this popular travel card. Combine with other Chase Ultimate Rewards cards for even greater value.
Citi® Double Cash Card
Up to 2% cash back on purchases (1% when you buy plus 1% as you pay)
13.99% to 23.99% variable
Earn up to 2% on every purchase with no annual fee. This is the highest flat-rate cashback card on the market.

Compare up to 4 providers

Bottom line

If you often shop at Banana Republic, Gap, Old Navy and Athleta, this could be a card worth considering. It comes with a generous rewards rate on in-store and online purchases and you get Gap Inc. perks and discounts.

But if you want a variety of redemption choices, check out other credit cards and compare your options.

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