Barnes & Noble Mastercard review | finder.com

Barnes & Noble Mastercard® review – December 2018

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Barnes & Noble Mastercard®
  • Get this card if… you love shopping at Barnes & Noble.
  • Pick something else if…you want general rewards like cash back or travel miles.
  • Recommended good to excellent credit score of 670 to 850.
Product NameBarnes & Noble Mastercard®
Card TypeMastercard
Annual Fee$0
APR (Annual Percentage Rate) for Purchases15.99% or 26.99% variable
Introductory Balance Transfer APR 0% for the first fifteen billing cycles (then 15.99% or 26.99% variable)
Balance Transfer Fee$5 or 3% of the transaction, whichever is greater
Cash Advance Rate27.24% variable
Foreign Transaction Fee3% of the transaction value
Cash Advance Fee$10 or 5% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 23 days
Late Payment Fee$37
Returned Payment Fee$37
Additional Cardholder Fee$0
Minimum Age18 years of age
Reward Value per Dollar1% cash back
Rewards Points ExpiryNever

The basics

Barnes & Noble Mastercard® issued by Barclaycard, rewards booklovers for what they do best: shopping for books. You’ll get 5% cash back on all purchases with Barnes & Noble Mastercard®, with your cash applied to your monthly statement.

Earn points for Barnes & Noble gift cards, with 2% for restaurants and 1% for everything else. It’s a very strong rewards rate tailor-made for book lovers and foodies.

What can I do with my points?

You can use your points for one thing: earning Barnes & Noble gift cards. Whenever you earn 2,500 points, the card automatically cashes in your points and sends you a $25 Barnes & Noble gift card. Your points are worth 1%, standard in the credit card industry.

Is the card worth getting?

The card is an enticing pick with a $0 annual fee. Before you get it, however, consider how much you value B&N perks. You’ll enjoy the card if you regularly shop at B&N or want to save your points for a spending spree at the retailer. But if you prefer to buy used books or support local retailers, you likely won’t get the most out of this card.

You’ll get a $25 Barnes & Noble gift card for signing up. You can find better bonuses with other cards like the no-annual-fee U.S. Pride® BankAmericard Cash Rewards™ Visa® Card (it offers a $150 bounty).

The card’s other selling point — a free 12-month B&N membership after you spend $7,500 in an account year. However, it’s nothing to go crazy over, as a B&N membership costs only $25 a year.

Bottom line: If you often find yourself buying from Barnes & Noble Mastercard®, the 5% cash back option is this card’s best selling point. Look into cash back cards like the solid U.S. Pride® BankAmericard Cash Rewards™ Visa® Card or the superb Citi® Double Cash Card.

The perks

  • SIGNUP BONUS: $25 gift card. When you make your first purchase, you’ll earn a $25 Barnes & Noble Gift card.
  • CASH BACK: 5% back on Barnes & Noble Mastercard® purchases. Whenever you use your card at Barnes & Noble Mastercard® — whether in store or online — you’ll receive 5% back. You’ll see this as a credit on your card statement.
  • POINTS: Earn points on all purchases, and more at restaurants. You’ll earn 1x points on everything you buy, excluding Barnes & Noble Mastercard® purchases.
    When you use your card at restaurants, you’ll earn x points (except at Barnes & Noble Cafés).

What can I do with my points?

If you like simple points redemption, you might like the Barnes & Noble Mastercard®. After you earn 2,500 points, Barclaycard will cash in your points automatically and send you a $25 Barnes & Noble gift card.

You’ll also like …

  • 12 months of Barnes & Noble membership. Each year you spend at least $7,500 on your card by your account anniversary, you’ll earn a 12-month Barnes & Noble membership.
  • Check your FICO score for free. Get complimentary access to your credit score and be alerted when your score changes.

What to watch out for

  • Potentially high APR. Depending on your credit, you could have a purchase and balance transfer APR as high as 15.99% or 26.99% variable.
  • Higher APR for cash advances. Cash advances come with a 27.24% variable APR.
  • Other fees. The card has balance transfer fees, cash advance fees and foreign transaction fees.
  • Penalty fees. Late and returned payments can hurt: You’ll pay up to $37.

What should I know before I apply?

To apply for the Barnes & Noble Mastercard®, you must be at least 18 years old and a US resident. Residents of Puerto Rico and US territories are not eligible.

Information you’ll need

  • Full name and contact information
  • Residential status
  • Annual income and employment information
  • Social Security number, date of birth and mother’s maiden name

What credit score do I need?

You’ll have a better chance of approval for the Barnes & Noble Mastercard® if you apply with a good to excellent credit score of 670 or higher.

How to apply for the Barnes & Noble Mastercard®

1. Go to the Barclaycard website and click Apply Now.

Barnes & Noble Mastercard step 1

2. Complete the application with details like your name, contact information, employment information and Social Security number. Then click Apply to submit your application.

Barnes & Noble Mastercard step 2

How long will it take to be approved?

Typically, you’ll receive an immediate decision on your application. In rare cases, you may need to wait a few days to a few weeks until Barclaycard manually approves your application.

I got the card. Now what?

  • Make timely payments. Pay your bill online at the Barclaycard website, where you can also enroll in autopay.
  • Avoid interest. After the close of each billing cycle, you have a grace period of 23 days to pay your balance. If you do, you won’t pay interest on your purchases.
  • Avoid fees. Late and returned payments come with hefty fees of up to $37. Balance transfers, cash advances and foreign transactions also come with fees.
  • Customer service. If you have questions, contact Barclaycard customer service at 866-928-8598.

Bottom line

If you love buying books, you might not find a better pick than the Barnes & Noble Mastercard®. But, if you want a rewards credit card for a store you spend more often at — compare different retail cards.

Retail credit cards

Frequently asked questions

Images: barclaycardus.com

Was this content helpful to you? No  Yes

US Credit Card Offers

Important Information*
Deserve® Classic Card
Deserve® Classic Card

APR

24.49
variable

Annual fee

0 For the first year
More info
Luxury Card Mastercard® Gold Card™
Luxury Card Mastercard® Gold Card™

APR

16.74
variable

Annual fee

995 For the first year
More info
First Access Visa Card®
First Access Visa Card®

APR

29.99
variable

Annual fee

75 For the first year
More info
Indigo® Platinum Mastercard® Credit Card
Indigo® Platinum Mastercard® Credit Card

APR

23.9
variable

Annual fee

75 For the first year
More info

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site