By now, you are keenly cognizant of the rise of the credit card game. In a world that is literally driven by consumerism, it is no longer about avoiding debt in a debt-based economy, it is about managing debt. One way that Americans are choosing to manage debt associated with basic purchases is through the use of cards that offer a wide array of benefits at low-interest rates. While the major players in this are the big banks like Visa, American Express, Mastercard, and Discover, retailers have jumped on the ban wagon — offering their own version of credit card enticement. One retailer that has joined scrum is Bealls — the next in a long line of retailers.
Before listing the top 10 benefits of acquiring a Bealls credit card, it important to disclaim that irresponsible use of any form of credit can lead to dire consequences. Credit cards should be used responsibly and whenever possible, you should pay your balance in full each month.
Here are 10 benefits of having a Bealls Credit Card.
1. The Payback Reward
As with most credit cards available on the market, users receive points for qualified purchases when they use their card. For every 100 points accumulated through qualified purchases, you will receive $5 cash back credited to your card account. Any time that the card is used during a point of sale encounter or online, you will accumulate points that can be redeemed for cash.
2. Double Points
There are options that will allow you to earn double points under certain circumstances. The key is to pay attention to the alerts that are sent out via text and email that identify when double-point promotions are in play. Earning double points is a great way of doubling your cashback capacity for spending. There are some people who ultimately get their purchases at a rate of 50 percent of the retail value.
3. Christmas Reward
Everyone knows that the Holidays is one of the largest seasons for spending in the entire year, and Bealls wants to reward its loyal customers with a Christmas reward. As a Bealls cardholder, you are eligible for Christmas rewards that include bonus points for qualified purchases. These rewards can be redeemed in cash or used to purchase other items. This is a great way to treat yourself to something for Christmas.
4. Birthday Reward
One thing credit card companies are getting better at is using the birthday of their users as a way to promote and reward spending. Bealls is not different — offering special birthday rewards. Preferred credit card holders will receive a minimal $10 credit on their birthday that can be applied toward purchases made with the card. Users who own a platinum Bealls card will receive a $20 credit.
5. Club 40 Reward
Once you turn 40-years-old it is amazing the things will use as a reason to celebrate. Bealls has decided to get in on the action as well. For all cardholders over the age of 40, there are additional benefits to take advantage of. For instance, every Tuesday the over 40 cardholders get to enjoy an additional 20 percent off of all qualified purchases.
6. Zero Annual Fee
If you have not been zapped by the unannounced annual fee, consider yourself lucky. One of the ways that credit card companies nickel and dime cardholder is through the fee schedule and the most annoying of all is the annual fee, which basically amounts to being billed for nothing but being loyal for another year. Fortunately, the Bealls credit card does not charge an annual fee.
7. 25-Day Interest-Free Period
The amount of time you have to pay off your purchases before they accrue interest is very important. Those who use credit cards for their convenience always pay off their purchases before they accrue interest. With the Bealls Credit card, you have up to 25 days to pay off purchases before they accrue interest, which is usually at the end of the billing cycle. To be safe, identify when the last day of your billing cycle is and pay before that date.
8. Backed By Visa
The bank that backs a credit card is immensely important. The larger the bank, the greater the benefits and the less restrictive the requirements to get the card. Visa has a long history of backing retail credit cards and offering some of the best loyalty benefits in the industry.
9. Gold Customer Status
If you spend at least $500 per year at any retailer associated with Bealls, then you qualify for the Gold Card, which comes with increased points and benefits. The best benefit for Gold members is the fact that you qualify for certain free online promotions.
10. Future Breakout Benefits Expected
The good news is that Bealls is still breaking out new and better benefits in order to remain competitive with other retailers like Kohls. What this means for you is that there are even more benefits coming in the near future, so get ready to enjoy the benefits of your new Bealls card and remember to shop responsibly.
Written by Rick Wallace
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