UPDATED: March 9, 2018 – In the United States, the top five spending categories for credit cards are clothing, gas, dining out, travel, and groceries. Credit cardholders are using credit cards like cash, which is why 33% of American households have credit cards. These days, credit card companies are teaming up with retail outlets to marketing their credit cards better.
This privately-held American mail-order and retail company partnered with Visa to offer a credit card that can be used anywhere Visa is accepted. Visit www.LLBeanVisa.com and create your LL Bean Credit Card Login now!
Benefits of the LL Bean Visa
The LL Bean Visa credit card isn’t a typical store-branded credit card. Store-branded credit cards can be used only at the store branded on the card. Powered by Visa, this card allows cardholders to make purchases at thousands of retail stores, both brick and mortar and online. Other benefits to being a cardholder include the following;
Exclusive savings upon approval: Millions of people shop at LL Bean on a regular basis. The opportunity to save 15% off their first purchase using the credit card is a perk many shoppers can’t overlook, especially when you consider 67% of all major credit cardholders use their cards to purchase clothing the most.
Cash back rewards: Cardholders are offered cash back rewards and earn 3% cash back when they make purchases in-store. They also earn 1% cash back when they use their card to make purchase everywhere else. The cash back rewards directly translate into real savings for cardholders.
Extra perks: The company also sweetens the pot by offering cardholders extra perks. Cardholders qualify for free shipping on mail-orders. They also qualify for free monogramming.
LL Bean Visa Shortcomings
Of course, this account option does have some flaws, like all do.
The APR varies: The APR associated with the card varies. The Terms and Conditions state the APR of the credit card can be 14.49%, 17.49%, or 20.49%, and the rate cardholders pay is based on their creditworthiness. Everybody who has a credit history creditworthiness changes each month. In theory, if their credit report reflects a negative line item on another account, the company reserves the right to increase cardholders’ interest rates.
Fees are expensive: The late payment fee and the fee for a returned check are both $37. If a cardholder has a bad month and bounces a check, they could be charged $74 for one accounting mistake. In the same scenario, Iowa residents would be charged $30.
Credit history may prevent approval: As is the case for all major credit and store cards, a poor credit history can affect a person’s ability of qualifying for this account.
It’s important that people analyze the good and the bad when it comes to cards. By being well-informed, people can improve their credit reports and financial standing.
How to Manage the LL Bean Credit Card Login
The company encourages all cardholders to manage their accounts online. With an LL Bean Credit Card Login, cardholders have the access to manage their accounts 24-7. With online access, they never have to worry about customer service hours of operation.
To manage a LL Bean Credit Card Login, cardholders can simply click on “LL Bean Visa” at the top of the homepage, www.LLBeanVisa.com. Once there, they can select “Manage Your Visa Account.” The online account allows cardholders to manage their account at their convenience. Even if cardholders have lost or forgotten their username and password, they can recover them both at the LL Bean credit card login.
With clothing being the number one spending category for households with credit cards, getting a credit card that offers rewards on clothing purchases makes sense for them. Not only will cardholders be able to outfit their family members, but they can save money in the process.