The Trek Credit Card doesn’t come with any of the benefits or perks that you’d expect from a retail credit card. The Trek Card’s only benefit is that if you buy a regular-priced bike, you may be eligible for six- or twelve-month interest-free financing.
Any Trek bike merchant that accepts the Trek Credit Card can use it. Because the Trek Credit Card is developed as an in-store financing solution presented at authorized Trek merchants, it cannot be used for online Trek store purchases. If you want a credit card that you can use anywhere, it must be part of a big card network that accepts payments from most merchants.
What Exactly Is A Trek Credit Card?
Comenity Bank issues Trek Credit Card accounts that can only be used at Trek stores and on their website. This card does not have the Visa, MasterCard, Discover, or American Express logos, thus it cannot be used elsewhere.
Customers who pay with their Trek card may be eligible for special financing conditions if they buy a bike that costs more than $250.
Except for promotional plan financing for qualified transactions, Trek bonuses do not include credits or any other significant perk.
Comenity Bank and Trek both provide two unique financing alternatives depending on the quantity you need to loan and how long you want to repay the loan.
But there’s a catch.
- To enroll for interest-free financing, you must first purchase a bike at full retail price.
- Second, the bike must cost $250 or more to be eligible for interest-free financing for up to six months, or $1,000 for twelve months.
- You will be charged interest at a rate of 28.49 percent from the day of purchase if you do not pay your purchase within the given time frame or if you make a late payment.
To be honest, you can get a better deal with no annual fee by looking through our list of the best zero interest special financing credit cards.
Review
The Trek Credit Card starts with some of the highest yields we’ve seen. If you spend more than $250 on a standard bike, you can get interest-free financing. Regrettably, Comenity Bank, which has a horrible record when it comes to customer service, is issuing the Trek Credit card.
The Trek Credit Card has some of the highest interest rates we’ve seen, but it does provide interest-free financing if you buy a bike that costs more than $250.
This card can only be used at Trek stores or on the Trek webpage.
The issuer, Comenity Bank, has a big flaw in this card. Customers have given Comenity Bank store cards a low rating. One common concern is that if you do not retain a balance on your card and pay interest, they will terminate your card, even if you consistently pay on time.
When a renewable credit card account is closed, your credit score may suffer.
If you’re looking for a credit card, several standard credit cards might be a better option than the Comenity Trek Card.
Who Is Comenity Bank and What Does It Do?
Data Alliance owns Comenity Bank and Comenity Capital Bank. They are in charge of several consumer loyalty programs.
To keep customers, they partner with retail establishments to provide store credit cards, incentive programs, and marketing material.
Advantages of Having a Trek Credit Card
Customers who use the Trek Card can get special financing on certain products.
They have to add ‘perks’ that practically all store cards offer, such as no annual fee and online account access, because their rewards scheme is so low.
Also included in the Trek Rewards are the following:
- Financing with a Variable Rate of Interest
- There is no annual charge (this is standard for store cards, not a reward)
- App for account management (every card offers this, not a reward)
This isn’t a noteworthy package.
Credit Capacity
A multitude of variables, like your credit record and income, will decide your initial Trek credit limit.
There’s no way to know what credit limit you’ll acquire.
Pros and Cons of the Trek Credit Card
Pros
- Notifications to the major credit bureaus
- Financing with a variable interest rate and no yearly fee
Cons
- Variable: 28.49 percent.
- The use of APR is restricted.
- Customer service is poor.
- The reward value is low.
Conclusion
If you apply for the Trek Card, you should be aware that the interest rates will be substantially higher than on a standard credit card.
Furthermore, Comenity Bank has a lengthy reputation for delivering subpar customer service.
Check out some of the most recent Comenity Bank reviews below. If you apply for the Trek credit card, you will be dealing with Comenity Bank, which is the card issuer.
Frequently Asked Questions
- What is the procedure for using my Trek credit card online?
Because the Trek Credit Card is designed as an in-store financing option offered at participating Trek merchants, it cannot be used for online Trek store purchases. If you want a credit card that you can use anywhere, it must be part of a big card network that accepts payments from most merchants.
- When it comes to shipping a bike, how long does Trek take?
Except on holidays, Trek ships Monday through Friday. In 3-5 business days, Ship to Store will arrive at the retailer. Expect 4–7 days for delivery if you purchased a bike. It takes 3-5 business days for items to be delivered to retailers from their homes.
