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Zales credit card

kobe2012
Established Contributor

Zales credit card

Zales jewelry credit card is now backed by comenity... Last time I checked it was backed by citi... Since it's now thru comenity, has anyone recently applied ?? And how easy is it to get???

Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 1 of 11
10 REPLIES 10
AverageJoesCredit
Legendary Contributor

Re: Zales credit card

I did get this a couple months ago, got a letter, called verified it was me and was given $3000. Still have a bk7 on my report. Up to $3750 with help from RoboladySmiley Happy
Message 2 of 11
kobe2012
Established Contributor

Re: Zales credit card

How old was your bk7?

Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 3 of 11
dojoman
Member

Re: Zales credit card

I have not been impressed with the switchover, they did this back at the start of 2016. 

I think CLI only come but ever 9 months or something. and when they do come it is not much; i got a 400 cli on my 1200 limit at the time. so it is now 1600 and they wont budge at all. my scores are in the 680s ish,. plus the dam high interest rates is a slap in the face for anyone that has been with this store card a long time.

 

only up side is the 6,12, and 18 month 0%..........no other jewlery store card has this, so as long as u spend the amount needed to get that special finacing AND PAY IT IN FULL before it expaires...its a great card for that purpose.

Message 4 of 11
ecniVince
Valued Member

Re: Zales credit card

Zale's was the first card I was approved for at the beginning of my rebuild. I think it's worth mentioning that two versions of the Zale's card exist. One is issued by Comenity Capital and the other Comenity Bank. They are both Comenity issued cards, however.

It's my understanding that the card issued by Comenity Bank is designed for those who qualify for a credit line, but only if money is placed down at the time of the purchase. The bank sets the down payment vs credit ratio at the time.of applying.

The card under Comenity Capital Bank, is a regular credit line. I was approved for this product myself and at the time my credit profile was VERY thin. I had no bank cards or store cards. Just an auto loan from.2013. I had derog's on my reports as well. Myfico scores at the time of approval were TU: 588 / EQ:597 / EX: 600. Inquiry wise I believe I was setting around at 3-5 HP's across the board and they were all from 2015.

I applied in store and was instantly approved for a SL of $1,000. The Zale's associate must enter an amount you're requesting at the time of application in store. I hadn't decided what I wanted so she simply entered $1,000.00

I've had this card for about 6 months and received auto CLI every other month. Each time the limit has been raised $500. My credit line is now $2500 as of today.

The promos are nice, but I wouldn't ever carry a balance on this card outside of a promo as its at like 27%!! Promotional financing options are 0% @ 6/12/18 months. Just remember to pay your balance in FULL before the promo ends because if you do not, they will backdate all interest waived and apply it to your balance at the end of your promotional offer!

Hope this info helps. My minimum payment on a $1000 purchase has been $25 per month.
Message 5 of 11
kobe2012
Established Contributor

Re: Zales credit card

Thanks everyone .. I pulled d trigger but gave me a 7-10 day msg.. My equifax was frozen ... I know comenity tends to pull equifax in California ... Am not sure if they pulled experian

Starting Score: MYFICO 12/30/15 -TU: 481, EQ:561, EX:532 - BK7 DISCHARGED 12/2015 - Current: 09/01/2016 TU:642 EQ: 651 EX: 646
NFCU cashRewards:$6200 QS:$1500 Merrick:$1200 Cabelas:$1000 SonyVisa: $500 JCrew:$850 Overstock:$850 Express: $1050 PaypalCredit:$2150 NAVCHECK:$10K
Message 6 of 11
AverageJoesCredit
Legendary Contributor

Re: Zales credit card

Hi Kobe, my bk was from 2007 so almost 10 years. I also have heard they give cli after 9 months but i tried the phone system as i read about this method from another poster here but only give one via this method. Try again and get a letter. So far no problems but if you want them to report you gotta buy something and let it post. Doing this currently so my new cl will show then gonna pif and maybe get lucky with an auto cli when i get my 9 months. Its possible that you are just gonna get a letter as i did and still get approved. Best of luckSmiley Happy
Message 7 of 11
12velectronics
Valued Contributor

Re: Zales credit card

What are the perks to this card?
Message 8 of 11
dojoman
Member

Re: Zales credit card

only perks I see is the 6,12, 18 month no interest if paid in full before that time runs out. and they are rather low amounts you need. for example, only 150+ gives you the 6 month interest free. which no other jewlery store offers least none that i have found.    

 

 

Message 9 of 11
MtsSmith6721174
New Visitor

Re: Zales credit card

They refused me a raise on my $550 limit. The refusal letter said I have too many late payments and things in collections, I actually have zero. They said my credit usage ratio is too high ( under 20%). My Vantage score is 758. I phoned to talk to someone about this and was told to talk to a credit counselor????
Message 10 of 11
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