Babies R Us, along with its better known sibling, Toys R Us, has teamed up with JPMorgan Chase to provide credit cards to consumers. The Babies R Us credit card comes in two flavors: an in-house card and a branded MasterCard. Obviously, the in-house card can only be used at Babies R Us or toys R Us locations while the MasterCard can be used at millions of locations around the world.
Application for both cards can be made over the phone, on the Chase website, or in person at any Babies R Us or Toys R Us retail location. Applicants for the MasterCard must certify a good credit history free of serious blemishes before their application will be considered. Standard information including employment, social security number, and the name and address are required on the application form. Compare these and other credit card offers now!
Both cards are eligible for the Babies R Us rewards credit card program which earns points to be redeemed via in-store gift certificates. Up to three gifts certificates can be earned per month and points can be redeemed after 1,000 are accumulated. Babies R Us provides an additional 10% off your first purchase after your account has been approved.
Babies R Us Credit Card – In-House Card
Since the in-house Babies R Us retail credit card cannot be used for cash advances, balance transfer credit card activity, or purchases elsewhere, there is only one APR of 21.24%. A penalty rate does apply and is assessed at 29.99% if a payment is late, missed, or returned. There is no annual fee, but a fee of $35 is charged for late and returned payments.
Babies R Us Credit Card – MasterCard Terms
The MasterCard version of the Babies R Us credit card has no annual fee and carries a purchase and balance transfer APR of 15.24% or 19.24% depending on credit worthiness; the rate for cash advances is 19.24% or 23.24%. The 29.99% penalty fee applies under the same conditions as that of the in-house card. All rates will vary depending on the Prime Rate.
As a MasterCard product, the card is eligible for some standard MasterCard benefits including 24-hour account access, 24/7 customer service, auto rental collision and travel accident insurance, and more. Specific details of MasterCard benefits can be obtained from the literature provided or by visiting the MasterCard website. Find more online credit cards here!