TJ Maxx Credit Card: Is It Worth It? [Review]

TJ Maxx Credit Card: Is It Worth It? [Review]

The TJMaxx credit card holds a precarious position among popular retail store card services.

TJMaxx is a reputable department store chain in the United States.

Consequently, one expects that the company will issue credit cards that reflect its reputation and standing on the market.

However, reviews on their cards have not been encouraging.

On Credit Karma alone, the company has a 1.4 rating out of 5 based on 25 reviews.

While bad reviews do not mean that a service is outright horrible, it is a cause for concern for people considering to use it.

For that reason, we’ve created this blog post: to understand what exactly to expect from TJX rewards.

Let’s get right into this comprehensive review so you can know whether you should sign up for one of their cards.

TJMaxx Credit Card – Roundup

To start this review, we’ve included a summary of our thoughts on the TJMaxx credit card.

That way, readers who are looking for a quick roundup about the company’s cards have an immediate point of reference.

What’s more, it also sets you up for the angle that you can expect this review to take.

In short, the company’s credit cards are decent options for frequent shoppers who are looking to get returns on their purchases.

That said, the card’s features do not make it a top contender for a primary credit card.

The rewards rate that the company offers on all purchases is lower than most competitor rates.

Because of this, TJ Maxx shoppers should consider enrolling in a credit card program with another retail store company.

In doing so, they get better rates to rack up rewards points and redeem them in accordance with the company’s terms and conditions.

Now, it’s time to get into detail about the TJ Maxx credit card.

TJ Maxx Credit Card – What It Is

The TJMaxx credit card is a store card privately issued and owned by TJ Maxx that enables cardholders to purchase goods and services.

In order to issue these cards, TJ Maxx partnered with Synchrony Bank, a financial services company.

With this partnership, Synchrony authorizes both credit and debit transactions on a user’s account.

A user’s account is linked to their TJ Maxx account information. Therefore, the company can access any and every transaction that a cardholder carries out with their card.

This includes the amount spent as well as the purpose of the transaction.

With that information, TJ Maxx awards the cardholder reward points that they can later redeem.

The company offers two types of cards:

  1. TJX Rewards® Platinum Mastercard®
  2. TJX Rewards® Credit Card

There are key differences between these two cards.

If you decide to sign up for a TJmaxx credit card, knowing these differences is essential to choosing the right one for you.

TJMaxx Credit Card – At A Glance


TJX Credit Cards


On the surface, the two cards share many perks.

For example, with both cards, shoppers earn reward points on TJ Maxx purchases that equal 5% of their purchase price.

The company gives its customers rewards based on an algorithm they use that converts purchase prices into redeemable reward points.

For every $1 you spend in a TJ Maxx approved store, you earn 5 points.

These stores are as follows:

  • TJ Maxx
  • HomeGoods
  • Homesense
  • Sierra
  • Marshalls

These points can then be traded in for TJX Rewards certificates that shoppers can apply to future purchases.

Each point you earn equates to one cent.

However, there are some differences that you need to be aware of.

Here’s a breakdown of what these cards offer to users:

  • TJX Rewards® Platinum Mastercard®

TJX Rewards® Platinum Mastercard® operates in much the same way as a typical Mastercard.

This is because it enables users to get reward points on purchases in any store that accepts Mastercards.

Irrespective of whether you cash out in a TJX store or a restaurant, you are entitled to a percentage back in reward points.

At TJX stores, you will get 5% back in reward points on purchases done.

That means that for every dollar spent, you get 5 cents in return.

However, at other stores, you get only 1% back in reward points.

That works out to just 1 cent back on every dollar spent.

  • TJX Rewards® Credit Card

The TJX Rewards® Credit Card is the second type of card that the company offers to its shoppers.

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Just like the TJX Rewards® Platinum Mastercard®, shoppers get a 5% return in reward points on all purchases done in TJX Stores.

However, with this card, one cannot use it for non TJX purchases.

The only places which accept these cards are TJ Maxx stores and their approved affiliates.

TJX Rewards – Additional Benefits

In addition to the main features of the cards listed above, customers also enjoy a 10% discount on initial purchases.

When you sign up for a TJMaxx credit card, you get 10% off the total cost of your first TJX bill.

Depending on the type of certificate you are given, you will have a maximum dollar amount that you can save.

If you sign up using a desktop or a tablet, there are no restrictions on the outlets where you can redeem this voucher.

However, if you sign up using a mobile device, your voucher can only be reclaimed in physical stores and not for online purchases.

TJX Credit Card: APR & Fees

Since a TJX credit card allows the cardholder to make incremental payments on their purchases, interest rates are included.

Shoppers should not be worried about interest rates if they intend to keep to their monthly payments.

However, if you do not meet your monthly balance, the company will charge you a hefty interest rate.

For Mastercard holders, the interest rate is at 29.24%.

The interest rate for the TJX Rewards® Credit Card is 27.24%.

Both of these interest rates are high.

Therefore, if you don’t know whether you can commit to your monthly payments, bear these rates in mind.

A cardholder can make their monthly payments via Synchrony Bank’s online platform.

Although that is the most common method, shoppers can also mail their payments to TJ Maxx stores.

Even though their interest rates are high, shoppers do not have to pay an annual fee for TJX credit cards.

Consequently, if you clear your monthly balances within the allotted time, you can earn TJX rewards without incurring any card fees.

How To Apply For TJX Rewards

Applying for a TJX credit card is a simple process.

As mentioned before, you can apply online through TJ Maxx’s web portal.

There, the company has placed a link to their credit card application form.

In order to complete this form, you will need to input some key information such as your:

  • Personal data (full name, email address, date of birth, phone number, etc)
  • Place of residence
  • Social security number
  • Annual net income

The system will also prompt you to enter your credit score information.

Based on the details that you input, the company will assign you either their Mastercard or their standard rewards card.

At present, we do not know the exact algorithm that TJ Maxx uses to assign their store cards.

However, we do know that your credit score plays a huge role.

The higher your credit score, the higher the probability that you will be granted a Mastercard.

Our TJMaxx Credit Card Verdict

Owning a TJMaxx credit card has its pluses and its downsides.

For one, if you are someone who makes frequent purchases from TJMaxx stores, you should sign up for the card.

That way, you can get returns on the items that you get by way of reward points which you can later redeem.

However, this card should not be your primary credit card.

The fact is that there are other store cards that offer better bargains for purchases done in other stores.

For their Mastercard, TJ Maxx offers only 1% returns on purchases made in all stores where Mastercards are accepted.

There are other store cards that give you a better return rate on reward points.

As a result, it would not be wise to use this card for other purchases since you can get a better deal elsewhere.

What’s more, the interest rate on late payments and balances is higher than other store cards.

Therefore, if you miss your payment deadlines, a sizeable percentage will be charged on your balance.

For that reason, we have compiled some alternative store cards that you can use in tandem with your TJMaxx credit card.


Apart from the TJMaxx credit card, there are a few other store cards that you can consider getting.

One of them is an Amazon credit card.

Amazon offers four types of store cards that shoppers can access:

  • Prime Rewards Visa Signature Card
  • Rewards Card
  • Prime Store Card
  • Store Card

If your credit score is high enough, you can get their Prime Rewards Visa Signature Card.

Here’s a breakdown of how you earn reward points with this card:

  • 5% return on purchases done on
  • 2% return on payments made at restaurants, gas stations, and pharmacies
  • 1% return on purchases done at all other stores

This card trumps TJ Maxx’s MasterCard because you get double the percentage returns at select stores.

Depending on your lifestyle, this can allow you to rack up reward points twice as fast as you would with a TJ Maxx Mastercard.

For example, if you are someone who eats out often, you can use this card to rack up points.

With TJ Maxx credit cards, you can’t.

Therefore, if you have both a TJ MAXX Credit Card and an Amazon Prime Rewards Visa Mastercard, you can get the best of both worlds.

What’s more, you get to make smarter financial decisions.

To illustrate this, here’s how student loan borrowers can benefit from using both cards. Student Loan Repayment Company

Student loan borrowers have a hard time repaying their loans.

According to Forbes, the student debt crisis has risen to an alarming $1.6 trillion.

Compare this to their student loan debt statistics released last year in which they reported a $1.5 trillion crisis.

That is part of the reason why an employer paying student loans has become such a widespread perk.

Usually, employers include them as part of flexible benefit plans to help employees out with their loan repayments.

To do this, an employer partners with a student loan repayment company like

This company enables employees to access student debt benefits faster and easier.

One of these benefits is facilitating employers making contributions towards their student loans.

That way, they can reclaim their financial freedom by getting rid of their student loans faster.

However, even in cases where employees get financial assistance from their employers, their wages are still garnished.

This is because they too have to make contributions towards their loans.

Therefore, having both a TJ Maxx credit card and an Amazon Prime Rewards Visa Mastercard affords them greater flexibility with their finances.

With their loan repayment services, employees can still access goods and services without having to spend a significant portion of their monthly earnings.

What’s more, they get to earn reward points in the process which can enable them to save money in the long run.

Choosing A TJ Maxx Credit Card

In short, if you’re a habitual shopper at TJ Maxx, you will derive benefit from owning one of their credit cards.

However, it is in your best interest to pair it with another store card.

Even if you have a TJ Maxx Mastercard, the fact remains that you can get a better reward package with another store card like the Amazon Prime Rewards Visa Mastercard.

That way, you maximize your reward earnings in a smart and strategic way.