Most store cards are a rotten deal. Is Academy Sports an exception to the status quo or not? Review these 5 things and decide for yourself.
1. The Rewards
- 5 points/dollar spent at Academy Sports locations as well as their website.
- 1 point/dollar elsewhere (can be used wherever Visa is accepted).
- 2,500 points = $25 gift card, when means you are earning 5% and 1%, respectively.
Verdict? For purchases at their store, the Academy Sports credit card is an excellent choice. Especially considering that they sell everything from clothes to camping gear, as well as things you may not expect from a sporting goods store like BBQs and patio furniture.
Elsewhere, 1% is a bit on the low side so you may want to use a different card that gives you bonus categories and/or a better bonus offer.
2. Signup Offer
- $15 off when you open an account in-store.
Verdict? I think everyone would agree that $15 is pretty disappointing for a credit card bonus. Also, keep in mind that an online application presumably won’t get the bonus, since the website specifically says “when you open an account in-store.”
3. Interest Rates
As I write this review (August 2013), they were offering this on new accounts:
- 0% intro APR for the first 12 billing cycles on purchases and balance transfers.
- After the promotion ends, the regular APR is 11.24% to 23.24% (the exact rate is based on credit score and history).
Verdict? Both of these are down the middle – not amazing, but not bad either. Actually being that the Academy Sports Visa is a store card, it’s quite good for its category. However some bank cards have longer 0% offers than this.
4. Card Type & Issuer
- Visa Signature with qualifying credit, otherwise you only get Visa Platinum.
- Managed/issued by US Bank.
Verdict? Both of these are good news. The “Signature” tier of Visa will give you added benefits like concierge, extended warranty, and purchase security on eligible items. Meanwhile US Bank is a respectable company with a fairly good reputation for customer service.
5. Annual Fee
Per the application, you may have to pay a $29 fee for the credit card from Academy Sports:
Verdict? Now this is a bit sneaky. With almost every credit card on the market, you know the annual fee before you apply. It’s especially surprising that they don’t disclose this prominently on the website (I didn’t see it until studying the fine print on the application). This is possible “gotchya” you might be hit with if you don’t have outstanding credit.
This review was written or last updated August 16, 2013