Express is an American apparel brand retailer that provides fashions brands and style clothing to young men and women. Created in 1980 in Chicago when it began as a retailer for women’s clothing later, it began selling men’s clothing and since then the store has expanded now owning over 600 stores in the United States, Guatemala, Mexico, El Salvador, Costa Rica, Panama, and Puerto Rico. Let’s learn ‘What Credit Bureau Does Express Store use?’.
Express stores use the following credit bureaus to report the express credit card activities every month;
- Experian
- Transunion
- Equifax
A credit bureau is an agency that collects and gathers data concerning account information and credit ratings of individuals and makes the information accessible to the consumer reporting agency for example financial companies and banks.
These are the three major credit-reporting firms that express stores use to collect information on their consumer individuals and report consumer credit activities, provide fraud protection services, and rate consumers’ credit card scores that they use to determine who is eligible to get the express credit card.
The Express Store Credit Card
What is the Express credit card? The express credit card is a store credit card that Express stores issue to their consumers for use when purchasing their merchandise whether in-store or online. This card is ideal for frequent shoppers of express products. Express store has collaborated with Comenity Bank, which issues the express credit card accounts.
The following documents are required for the application of the store card:
- Be of legal age in your state.
- Provide a valid identification document issued by the government-.
- Provide a valid tax identification number.
- Provide a valid mailing address (P.O Box mailing addresses are not valid).
What are the Merits of having an Express Credit Card?
The benefits of the express credit card depending on what membership level you are. There are three member levels: insider, influencer, and the A-list. The insider member earns 5 points for every dollar spent at express.
Consumers are not charged any annual fees.
Online payments using the express credit card are so easy, which helps in making your payments on time.
Influencer benefits-
This is a member who has accumulated points of 2500–9999.
- With your express credit card, you get a chance to earn points on express purchased products i.e. 1 dollar = 20 points.
- When a member uses the express cash, they get a chance to earn point’s i.e. for every 5 dollars spent you earn 1250 points.
- Receive an exclusive birthday gift of $20.
- Free shipping and returns.
- When members hit the 2,500 points, they receive a $10 reward.
A-list benefits-
This is a member who has accumulated points of 10000 plus.
- With your express credit card, A-list gets a chance to earn points on express purchased products i.e. 1 dollar = 25 points.
- When a member uses the express cash, they get a chance to earn point’s i.e. for every 5 dollars spent you earn 3750 points.
- Receive an exclusive birthday gift of $40
- Free shipping and returns.
- When members hit the 2,500 points, they receive a $15 reward.
There is also a 15% off for the first purchases made.
Having an express credit card also has its demerits, which include:
- High Annual Percentage Rate (APR) for all consumers. Every consumer receives a high APR regardless of his or her creditworthiness.
- An express credit card has low credit limits for new consumers, which sometimes makes that difficult to charge all your purchases on one card.
How to apply for the Express Store Credit Card?
Are you thinking of how to apply for the express credit card? Well, here are the simple steps you can follow and make sure you meet the requirement and read the terms and conditions involved in the application:
- Visit the Express website.
- Go to the express credit card application page.
- Fill in the information required
- Submit your application.
An SMS is sent for you to approve the provided information, and after that, you receive your approval. The card may take about 7-10 business days to be approved.
Frequently Asked Questions
- What is the credit score required for one to qualify for an Express credit card? Express stores require applicants of the store credit card to have a credit score of at least 600 and above to qualify to get the credit card.
- Do express stores offer financing options?
Yes, they do. Express stores have collaborated with Klarna to provide its consumers with easy payment options for the purchases of items whenever they want. Consumers can pay in 4 installments that are interest-free.
- Does Express store have a customer loyalty program?
Yes, the express store loyalty program goes by the name “Express Insider Loyalty Program” where members receive benefits such as earning points; get express cash to be used for future purchases at the store and many other benefits.
