The Gap Visa Card is not one of our top-rated credit cards. You can review our list of the best rewards credit cards for what we think are better options.
Full Review of Gap Visa Credit Card
High rewards at Gap-branded stores
20% discount off your first purchase
Extra shopping perks
Eligibility for Gap ICON status
Foreign transaction fees
- High rewards at Gap-branded stores: As a Gap Visa cardmember, you'll earn 5 points for every $1 spent at Gap-branded stores, including Banana Republic, Old Navy, Athleta, and, of course, the Gap itself. Plus, you'll get 1 point for every $1 spent on all other purchases.
- 20% discount on your first purchase: Once approved for a card online, you’ll receive a 20% off your first purchase when you open and shop with your new credit card (exclusions apply). The discount can be used only at Gap or Gap Factory, can only be used once, and must be used within 30 days of opening the account.
- Extra shopping perks: As a cardmember, you're entitled to special perks, including bonus point shopping days and a birthday gift as long as you've made one purchase at Gap in the previous 12 months.
- Eligibility for Gap ICON Status: If you earn 5,000 points in a calendar year—meaning you spent $1,000 at Gap-branded stores or $5,000 on non-Gap purchases, or a combination thereof—you'll qualify for Gap Silver status. At this level, you’ll get extra benefits, such as a 20% quarterly bonus reward, free online shipping, and basic alterations on Banana Republic purchases. You’ll also have access to a special customer service hotline.
- Sky-high APR: Store-branded credit cards tend to have high APRs, and the Gap Visa card is no exception. The APR for this card is 25.99% on purchases. The average APR for all credit cards assessed interest is just 17.13%, as of November 2021. You can avoid costly interest fees by paying off your balance in full each month. But if you tend to carry a balance, you might want to consider shopping around for a card that has a lower APR. For example, the Chase Freedom card offers 0% introductory APR on purchases. After that, your APR will be 14.99% to 23.74%.
- Foreign transaction fees: If you plan on traveling outside of the United States, pay attention to the Gap Visa card's foreign transaction fees. You’ll pay a fee equal to 3% of every purchase whenever you use the card in another country or even when you’re at home and you buy something from a foreign vendor. If you were to spend $1,000 on such transactions, that means you’d pay $30 in fees. Many other cards don't charge foreign transaction fees. For instance, the SavorOne Rewards from Capital One card has no annual fee, charges no foreign transaction fees, and you’ll earn unlimited 3% cash back on dining and entertainment.
This Card is Best For
Resists or refuses an annual fee on principle or due to cost
Seeks to maximize points or miles earnings across spending categories
First, and foremost, fans of this fashion brand are best suited for the Gap Visa. If you enjoy shopping at Gap, Old Navy, Banana Republic, or Athleta and spend hundreds of dollars on clothing and accessories per year, the Gap Visa card may be for you. It has no annual fee, so it should be painless to add the card to your wallet.
Because the card has such a high APR on purchases, the Gap Visa card is best for fashionistas who pay off their balance in full each month. Otherwise, hefty interest charges will accrue.
Gap Visa Bonus
When you're approved for the Gap Visa, you'll receive a 20% off your first purchase when you open and shop with your new credit card (exclusions apply). You have 14 days from the date of opening an account to redeem your discount, and it can only be used on Gap or Gap Factory purchases.
That discount could help you save a significant amount of money if you're planning on updating your wardrobe. For example, let's say you added a blazer, a pair of jeans, and a dress from Gap to your shopping cart, bringing your total to $307.90. If it was your first purchase as a Gap Visa cardmember and you used your 20% discount, you’d get $61.5 off the total. You'd pay just $246.4, instead.
Rewards Earning Details
With this card, you'll earn 5 points per $1 spent at Gap-branded stores, including Gap, Banana Republic, Old Navy, and Athleta. You'll also earn 1 point per $1 spent on all other purchases.
Rewards Redemption Details
For every 100 points you earn on your account, you'll get a $1 reward you can redeem in-store or online. The maximum you can redeem at one time is $250.
There is no limit to the amount of rewards you can earn. However, point are initially earned in a pending status, and after approximately 14 days become eligible to apply towards a purchase.
How to Maximize Your Rewards
To get the most value from your Gap Visa card, use it whenever you shop at Gap-branded stores. With it, you’ll earn 5 points per $1 spent on purchases from Gap brands.
According to the Bureau of Labor Statistics, the average American consumer spent $1,434 on apparel in 2020. If you spent that much on clothing from Gap-branded stores and used your credit card to pay for those purchases, you’d earn 7,160 points.
You'll receive a $1 reward for every 100 points you earn, so those 7,160 points would translate to $71 in rewards, with 60 points left over.
The Gap Visa card's benefits are typical of a store-branded card. Perks include:
- Bonus point shopping days
- Special birthday gift
Like most store-branded cards nowadays, the Gap Visa card isn't managed by Gap, Inc. Instead, it’s serviced by Synchrony Bank, a national credit card issuer.
Unfortunately, Synchrony doesn’t have a great reputation for customer service. According to J.D. Power’s Credit Card Satisfaction Study, Synchrony was ranked 10th out of 11 card issuers. The average ranking for a national card issuer was 809, while Synchrony’s ranking was just 788.
You can reach Synchrony's customer service team by calling 800-887-1198. You can also chat with a customer representative through your account portal.
The Gap Visa has basic security features that are standard for credit cards. You’re covered by zero liability protection, so you’re not responsible for unauthorized transactions.
While the Gap Visa offers an impressive 5 points per $1 spent on Gap-brand purchases, you’re limited to shopping only at Gap-branded stores to earn the higher rewards rate, and you can only redeem your rewards at Gap-branded stores. The rewards rate for anything else (1 point for $1) is pretty par for the credit card course these days.
And when you figure in the sky-high APR, the card’s even less of a bargain, especially if you’re the type who carries an outstanding balance from month to month.
If you are a big Gap fan, you might as well go for the Gap Visa, with its option to be used elsewhere. But if you're not a Gap devotee, you're likely better off with a retail-oriented, general rewards card that offers more rewards on every purchase and that has more redemption options. For example, the QuicksilverOne card from Capital One offers unlimited 1.5% cash back on every purchase you make from any merchant, and you can redeem your rewards for cash, statement credits, or even gift cards. And if you have a strong credit score, you can probably qualify for a lower rate elsewhere than the Gap Visa’s high purchase APR.