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TJX Rewards Credit Card

TJX Rewards Credit Card: 2021 Review

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Jason Steele

Jason Steele

Updated February 1, 2022
Overall Rating*: 2.3 out of 5Annual Fees: NoneIntro APR: NoneRegular APR:  26.99% APR (This information is accurate as of January 14, 2022.)Credit Score Needed: Good to excellent FICO® Score (670 or above) for the TJX Rewards Mastercard, and fair to good FICO Score (580 or above) for the TJX Rewards Credit Card. Note that an applicant’s credit score is one of many factors considered by credit card issuers.Sign-Up Bonus: Earn 10% back on your first store purchase using the card.TJX Rewards Credit Card Summary The TJX Rewards card offers benefits to the frequent TJ Maxx customer. TJ Maxx actually offers two different credit cards: the TJX Rewards Credit Card and the TJX Rewards Platinum Mastercard. The TJX Rewards Credit Card is a store card, while the TJX Rewards Platinum Mastercard can also be used anywhere that Mastercard is accepted. For both cards, cardholders earn 10% back on their first store purchase. After that, they can earn five points per dollar spent at TJ Maxx or family stores, including HomeGoods, Marshalls, HomeSense and Sierra Trading Post. Points can be redeemed for store credit.
Pros and cons

Pros

  • Earn 10% back on your first store purchase using the card.
  • Earn 5 points per $1 spent at TJ Maxx or family stores, including HomeGoods, Marshalls, HomeSense and Sierra Trading Post. 
  • Points can be redeemed for store credit; for every 1,000 points, you get a $10 certificate.
  • Points don’t expire (though rewards certificates expire 2 years after issuance).
  • Cardmembers are invited to participate in exclusive private shopping events.

Cons

  • The TJX Rewards Platinum Mastercard only earns 1 point per dollar on all other spending.
  • The TJX Rewards Credit Card can’t be used outside of the TJ Maxx family.
  • Points can’t be used for buying gift cards. 
  • Points can’t be traded for cash.
  • Relatively high APR.

TJX Rewards Platinum Mastercard Full Review

The TJX Rewards card offers benefits to shoppers who frequent TJ Maxx. There are actually two different credit cards available through TJ Maxx: the TJX Rewards Credit Card and the TJX Rewards Platinum Mastercard. The TJX Rewards Credit Card is a store card that can only be used at TJ Maxx and its partner stores, including HomeGoods, Marshalls, HomeSense and Sierra Trading Post. The TJX Rewards Platinum Mastercard, on the other hand, can be used at TJ Maxx stores and its partner stores, as well as anywhere that Mastercard is accepted.For both cards, cardholders earn 10% back on their first store purchase. After that, they can earn five points per $1 spent at TJ Maxx or family stores, including HomeGoods, Marshalls, HomeSense and Sierra Trading Post. Points can be redeemed for store credit. For every 1,000 points, you get a $10 certificate. Points don’t expire, though the certificates expire two years after they are issued.The TJX Rewards Platinum Mastercard earns one point per dollar on all other spending outside of TJ Maxx or family stores. The TJX Rewards Credit Card can’t be used outside of the TJ Maxx family. Cardmembers are also invited to participate in exclusive private shopping events. These cards do not have annual fees.Annual Fee: NoneSign-Up Bonus 
  • Earn 10% back on your first store purchase using the card.
Rewards and Redemption Options 
  • Reward points can be used at TJ Maxx stores or other family stores, including HomeGoods, Marshalls, HomeSense and Sierra Trading Post. 
  • For every 1,000 points, you get a $10 certificate.
Intro APR: NoneRegular APR: 26.99% APR (This information is accurate as of January 14, 2022.)Balance Transfer Fee: N/A

Benefits of TJX Rewards Card

  • Earn five points per dollar spent at TJ Maxx or family stores, including HomeGoods, Marshalls, HomeSense and Sierra Trading Post. 
  • Points can be redeemed for store credit. For every 1,000 points, you get a $10 certificate.
  • Points don’t expire (though rewards certificates do).
  • Cardmembers are invited to participate in exclusive private shopping events.

Disadvantages of TJX Rewards Card 

  • Points can’t be used to buy gift cards, nor can they be traded for cash.
  • The TJX Rewards Platinum Mastercard only earns one point per dollar on all other spending. 
  • The TJX Rewards Credit Card can’t be used outside of the TJ Maxx family.
  • Relatively high APR.

Redeeming Cash Rewards

  • There are no options to redeem points for cash.

Rates and Fees

  • APR for Purchases: 26.99% APR
  • APR for Cash Advances: 29.99% for TJX Rewards Platinum Mastercard; N/A for TJX Rewards Credit Card
  • APR for Balance Transfers: N/A
  • Annual Fee: $0
  • Cash Advance Fee: Either $10 or 4% of the amount of each cash advance, whichever is greater for TJX Rewards Platinum Mastercard; N/A for TJX Rewards Credit Card
  • Balance Transfer Fee: N/A
  • Foreign Transaction Fee: None for the TJX Rewards Platinum Mastercard; N/A for TJX Rewards Credit Card
  • Late Payment Fee: Up to $35
  • Returned Payment Fee: N/A
This information is accurate as of January 14, 2022.

Is TJX Rewards Card Worth It for You?

New account offer - 0.3 out of 1.0. A 10% discount on your first purchase can be significant, but it isn’t very competitive compared to other credit card offers.  Rewards -  1.0 out of 2.0. Five reward points per dollar spent is competitive for a store credit card, but it isn’t exceptional. For the Mastercard version, earning one point per dollar spent on all non-store purchases is nominal. Benefits -  0.1 out of 1.0. These cards offer no real cardholder benefits, other than the invitations to participate in exclusive private shopping events.Fees - 0.9 out of 1.0 - These cards have no annual fee and the other fees are competitive with similar cards. Total rating:  2.3 out of 5*Methodology (for overall rating):For rating reward credit cards on a scale of 0-5, we look at four factors: New account offer, rewards, benefits and the card’s fees. For the new account offer, we look at the value of the points, miles or cash back offered, and take into account any minimum spending requirements. For rewards, we look at the value of the rewards offered, including any bonus offers for additional points, miles or cash back. And when it comes to reward credit cards, we weigh this category twice as much as the others. For benefits, we look at travel insurance, purchase protection and other valuable cardholder offers. And for fees, we look at all the different fees including the annual fee, foreign transaction fees and others. And we didn’t just look at the absolute cost of the annual fee, but at the cost in the context of additional fee credits that can offset that cost for most cardholders. 

Frequently Asked Questions

What are the perks of the TJX Rewards Card?
How do you qualify for the TJX Rewards Card?
How do you redeem rewards from the TJX Rewards Card?
How to apply for the TJX Rewards Card?

About the Author

Jason Steele

Jason Steele

Jason 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/PeopleImages
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