Is the Old Navy Credit Card Worth It? Pros and Cons Explained
When it comes to store-branded credit cards, the Old Navy Credit Card often pops up as an option for frequent shoppers. So, is it worth it? The Old Navy Credit Card is a good choice only if you shop regularly at Old Navy, Gap, Banana Republic, or Athleta and pay your balance in full each month. It offers rewards and perks for loyal customers, but if you don’t shop at these brands often – or if you carry a balance – the high interest rates and limited redemption options make it less attractive.
This guide breaks down the pros, cons, fees, rewards, and best alternatives so you can make a fully informed decision.
What Is the Old Navy Credit Card?
The Old Navy Credit Card is a store credit card issued by Barclays that works across the Gap Inc. family of brands, including:
- Old Navy
- Gap
- Banana Republic
- Athleta
There are actually two types of cards:
- Old Navy Store Card – Can only be used at Gap Inc. stores and online.
- Old Navy Visa Credit Card – Can be used anywhere Visa is accepted.
Both cards are tied to the Navyist Rewards program, allowing users to earn points on purchases that can be redeemed for rewards at these brands.
Key Features at a Glance
- Rewards Rate: Up to 5 points per $1 spent at Gap Inc. brands.
- Welcome Bonus: Often includes extra points or discounts on first purchases.
- Annual Fee: $0
- APR (Interest Rate): Typically high, averaging around 30% variable APR.
- Extra Perks: Early access to sales, free shipping offers (for higher-tier members).
Pros of the Old Navy Credit Card
1. Generous Rewards at Gap Inc. Brands
You earn 5 points per dollar spent at Old Navy, Gap, Banana Republic, and Athleta. For loyal shoppers, this adds up quickly and translates to savings on future purchases.
2. No Annual Fee
The card costs nothing to keep, making it accessible for budget-conscious customers.
3. Frequent Discounts & Promotions
Cardholders often get special discount days, early access to sales, and personalized offers, helping maximize savings.
4. Rewards Redeemable as Store Cash
Points convert into rewards certificates (usually in $5 increments) that can be applied toward future purchases.
5. Visa Card Usability (If Approved)
If you qualify for the Visa version, you can earn rewards everywhere Visa is accepted – adding more value beyond just store shopping.
Cons of the Old Navy Credit Card
1. High Interest Rates
With APRs hovering near 30%, carrying a balance is costly. If you don’t pay your bill in full, the interest easily wipes out any rewards earned.
2. Limited Redemption Options
Rewards are only redeemable at Gap Inc. stores, meaning they have little value if you shop elsewhere.
3. Small Welcome Bonus
Compared to general rewards cards, the sign-up bonus is relatively modest.
4. Rewards Expire Quickly
Certificates typically expire if not used within a certain timeframe, which can be frustrating.
5. Potential Impact on Credit Utilization
Store cards often come with lower credit limits. This may affect your credit score if your balance is high relative to your limit.
Who Should Consider the Old Navy Credit Card?
The card works best for:
- Frequent Old Navy and Gap Inc. Shoppers – If you buy clothes often from these stores, the rewards and discounts are valuable.
- Debt-Free Shoppers – People who pay off their balance each month can avoid high interest charges.
- Reward Seekers – Those who like stacking rewards with promotions will find extra savings.
It’s not ideal for:
- People who rarely shop at Old Navy or related stores.
- Shoppers who tend to carry a balance.
- Those looking for flexible cash-back or travel rewards.
Alternatives to the Old Navy Credit Card
If you want more flexibility, consider these options:
1. Cash-Back Credit Cards
- Example: Citi® Double Cash Card (2% back on everything).
- Benefit: Rewards usable anywhere, not just at a single retailer.
2. Travel Rewards Cards
- Example: Chase Sapphire Preferred® (points usable for flights, hotels).
- Benefit: Ideal if you value travel perks more than clothing discounts.
3. Other Store Cards
- Target REDcard (5% off instantly at checkout).
- Amazon Prime Rewards Visa (5% back on Amazon + Whole Foods).
- Benefit: More versatile perks compared to Old Navy.
Tips to Use the Old Navy Credit Card Wisely
- Always pay in full – Avoid carrying a balance due to high interest.
- Time purchases during sales – Stack your cardholder perks with seasonal sales.
- Use rewards quickly – Don’t let certificates expire.
- Track spending limits – Keep balances low to protect your credit score.
- Consider the Visa version – If eligible, the Visa card adds more everyday value.
Final Verdict: Is the Old Navy Credit Card Worth It?
The Old Navy Credit Card can be worth it for loyal Old Navy and Gap Inc. shoppers who are disciplined about paying off balances monthly. The card offers solid rewards, exclusive discounts, and no annual fee, making it appealing if you frequently buy clothes from these stores.
However, the limited redemption options and sky-high APR make it risky for casual shoppers or anyone prone to carrying debt. If you’re after flexibility, a general cash-back or rewards card may be the smarter choice.
