
Loft All Rewards Mastercard: 2022 Review
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Jason SteeleUpdated December 14, 2022
LOFT All Rewards Credit Card Summary
Pros and cons
Pros
Earn 5 Rewards Points for every dollar spent in-store or online at Ann Taylor or LOFT, Ann Taylor Factory Store and LOFT Outlet. For every 500 points earned, cardholders will receive a $5 reward. Choose two days per year for a bonus double points day, when purchases will earn 10 points per dollar spent. Plus, get 15% off the first Tuesday of every month at all LOFT brands. Enjoy early access to events and sales, exclusive offers, a dedicated phone line and a birthday gift. Receive 15% off your first purchase at Ann Taylor, AnnTaylor.com, Ann Taylor Factory Store, LOFT, LOFT.com or LOFT Outlet. The LOFT All Rewards Mastercard earns 2 Reward Points for every dollar spent on gas and grocery store purchases. The LOFT All Rewards Mastercard can earn a $20 Rewards Card for your first purchase made outside of ANN INC. brands within 60 days of account opening.
Cons
The LOFT All Rewards Credit Card can’t be used outside of the LOFT family. Points can’t be used for buying gift cards. Points can’t be traded for cash. Relatively high APR. Points will expire 12 months from the date of the vesting period of the earning activity. Once rewards certificates are issued, they expire within 90 days. No access to advanced membership tiers like some other reward cards offer.
LOFT All Rewards Credit Card Full Review
Earn 15% off on your first purchase at Ann Taylor, AnnTaylor.com, Ann Taylor Factory Store, LOFT, LOFT.com or LOFT Outlet using the card. With LOFT All Rewards Mastercard, earn a $20 Rewards Card for your first purchase made outside of ANN INC. brands within 60 days of account opening.
For every 500 points earned, cardholders will receive a $5 Reward. Rewards can be used at any Ann Taylor, AnnTaylor.com, Ann Taylor Factory Store, LOFT, LOFT.com or LOFT Outlet.
Benefits of LOFT All Rewards Credit Card
Earn five Rewards Points for every dollar spent in-store or online at Ann Taylor or LOFT, Ann Taylor Factory Store and LOFT Outlet. For every 500 points earned, cardholders will receive a $5 Reward. Choose two days per year for a bonus double points day, when purchases will earn 10 points per dollar spent. Free shipping on all orders with a minimum purchase of $75. Get 15% off the first Tuesday of every month at all LOFT brands. Enjoy early access to events and sales, exclusive offers, a dedicated phone line and a birthday gift. Receive 15% off your first purchase at Ann Taylor, AnnTaylor.com, Ann Taylor Factory Store, LOFT, LOFT.com, or LOFT Outlet. Earn two Reward Points for every dollar spent on gas and grocery store purchases with the LOFT All Rewards Mastercard.
Disadvantages of LOFT All Rewards Credit Card
The LOFT All Rewards Credit Card can’t be used outside of the Loft family. Points can’t be used for buying gift cards, nor can they be traded for cash. Relatively high APR. Points expire 12 months from the date of the vesting period of the earning activity. Once rewards certificates are issued, they expire within 90 days. No option to access advanced membership tiers to enhance card benefits.
Redeeming Cash Rewards
There are no options to redeem Rewards Points for cash
Rates and Fees
APR for Purchases: 24.99% APR for Cash Advances: 24.99% APR for Balance Transfers: 26.99% Annual Fee: $0 Cash Advance Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater Balance Transfer Fee: Either $10 or 5% of the amount of each transfer, whichever is greater Foreign Transaction Fee: 3% of each transaction in U.S. dollars. Late Payment Fee: Up to $40 Returned Payment Fee: Up to $25
Is the LOFT All Rewards Credit Card Worth It for You?
Frequently Asked Questions
About the Author
Jason SteeleJason Steele has been writing about credit cards and award travel since 2008. One of the nation's leading experts in this field, he has contributed to dozens of personal finance and travel outlets and has been widely quoted in the mainstream media.
Photo credit: iStock/jhorrocks
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