There are two offers: Dillards Credit Card & Dillards American Express. The question is whether or not these credit cards will help you? Here’s the answer.

Started in 1938, they now have over 330 stores across the country. Growing up, my grandma would always take me shopping at a Dillards. I remember it was the place to go! They always had my favorite brands and the best styles. Because I love this department store so much, I thought it would be worth looking into the Dillards credit card; here’s what I discovered…

Dillards actually has two different credit cards. One is a typical department store credit card and the other is affiliated with American Express. Here are credit card reviews for both of them:

Dillards American Express
When you apply for Dillards credit card, they will automatically evaluate your application for the American Express version first. If you aren’t qualified for that, they will consider you for their regular store-only charge card.

Interest Rate: At the time of this review, the Amex version carries a lower APR than the other. They offer three different tiers from 13.24% to 19.24%, depending on your credit score. This isn’t the highest I’ve seen, but it certainly is far from the lowest. I would say it’s a bit above average, so if you ever carry a balance this may not be a good idea.

Annual Fee: There is no annual fee on this card.

Rewards: The rewards on the card are a bit unusual. They give you two points per dollar spent at Dillards and only one point per dollar spent everywhere else. When you accumulate 1500 points, they issue you a 10% off certificate you can use at their stores.

At first this sounds like a good deal, but here’s what you need to know. To accumulate 1500 points, you would need to spend $1,500.00 on normal purchases (or $750.00 at Dillard’s). Let’s say you earn that 10% off coupon and use it on a $150.00 purchase… that only gives you $15. If you spent $1,500.00 to earn the coupon, that means your rewards only equaled 1% of your spending ($15 out of $1,500).

So unless you are using your 10% off Dillard’s coupon on a purchase of several hundred dollars or more, it may not be the most bang for your buck. You may be able to earn higher rewards with a different credit card.

Dillards Credit Card (store-only version)
If your credit score isn’t high enough to get the Amex version, then they may give you this card. Of course if you have bad credit you might not qualify for either one.

Interest Rate: Unfortunately this version carries a higher interest rate of 23.99% at the time of this review. So it’s safe to say this one is definitely not a good one to use if you can’t pay your balance in full every month.

Annual Fee: There is also no annual fee on this version.

Rewards: The rewards structure on the store-only version is the same as the Dillards American Express version (see above) with the exception that it cannot be used for purchases outside of the store. Therefore, you can only earn rewards for your spending at Dillard’s.

Conclusion: Although it’s a great place to buy clothes, the rewards on the Dillards credit card may not always give you the most for your money.

A Great Alternative (sponsored)
Want big rewards? You can get a full 5% cashback bonus at every department store – including Dillards – with Discover More. It offers a 5% bonus in rotating categories like department stores and apparel. Here’s our review of this amazing no annual fee rewards card!