Torrid has fun and flattering clothing for plus-sized women. However, the highly-praised fashions have a high price. Many women are looking for discounts because of the high cost. Comenity offers the Torrid Insider credit card that allows shoppers to earn discounts and rewards for shopping with Torrid. Is the card worthy of a place in your wallet? Let’s get into the details so you can make a decision.
Benefits of the Torrid Insider credit card
This card comes with a special signup bonus. Cardholders receive a $20 coupon in the mail and 25% off their first order. After signing up, the savings do not stop. Cardholders with Torrid Credit Cards are eligible for 30% off twice a year. This discount might be enough to allow you to buy some more expensive items without breaking the bank.
The Torrid Insider Credit Card has its disadvantages
These benefits have a downside. The interest rate on the Torrid Insider Credit Card is 26.49% The savings benefits of the card are completely lost if the balance is not paid off. The credit card comes with high fees. Late payments can cost as high as $38 while a returned payment could cost as much at $25.
The credit card is not suitable for women who might make late payments or have a balance. To get the Torrid Insider card, responsible credit card usage (including paying the entire balance each month) are essential.
This card can only be used at Torrid. It cannot be used elsewhere because it isn’t co-branded by a major card network such as Visa or MasterCard.
To receive Torrid Insider benefits, do you need a credit card?
A Torrid Insider Credit Card is not required for women who are looking to cut down on their clothing expenses. Torrid has a loyalty program, which doesn’t require that you open a credit card. Torrid Insider allows users to earn rewards, and offers birthday coupons to them.
For every dollar spent at Torrid, you’ll get 1 point. You’ll get $10 off your next purchase if you have 200 points. This equates to a 5% reward rate. Your rewards rate increases to 1.5 points per dollar if you spend more than $1000 each year at Torrid. The rewards rate rises to 7.5% at that point.
Torrid Insider members who do not have a card will not be eligible for the 30% off on shopping days twice yearly or the sign up bonuses. These benefits are available only to cardholders.
You will need to sign up for Torrid Insider before you can apply for the card. You can sign up for Insider without obtaining the card.
The bottom line
The Torrid Credit Card offers no special rewards. You can “double up” your rewards by joining the Torrid Insider loyalty programme and using a Cash back credit card. The Torrid Credit Card is still valuable.
Regular Torrid shoppers who are able to afford their credit cards bills can enjoy twice-yearly 30% discounts.
This credit card, despite the 30% discount, is not an obvious choice for many. The rewards can be quickly devalued by interest and fees. The Torrid Insider Credit Card is only valid if your monthly bill is paid on time. A low-interest credit card might be a better option if you have a balance.
