If you are a frequent shopper in one of the over 1,000 TJ Maxx U.S. locations, or the other affiliated stores owned by its parent, The TJX Companies, Inc.—Marshalls, HomeGoods or Sierra Trading Post—you can collect more points by using a TJX credit card than from enrolling in the free rewards program. Be warned, though. There are downsides to applying for these credit cards too. We’ll look at all of that as we cover the two cards offered: the TJX Rewards store credit card and TJX Platinum Mastercard.
TJX credit cards are issued through Synchrony Financial. Unfortunately, the APR offered for both the TJX Platinum Mastercard and TJX store card by Synchrony is extremely high, so buyer beware. While they both have similarly high interest rates and can rack up TJX Rewards with purchases, the main difference in the two cards is that the Mastercard is accepted pretty much everywhere, whereas the store card can only be used in the TJX family of stores.
If you are planning to move forward with a TJX card anyway, here’s how they work: The TJX Companies, Inc. offers a loyalty rewards program to all customers over 18 with an email address for free. TJX credit card holders are automatically eligible for the loyalty rewards program, but must also sign up online to become a member. Program members with either the TJX Rewards Credit Card or TJX Rewards Platinum MasterCard receive more points for every dollar spent in TJX participating stores, and MasterCard holders also receive some points on all purchases made other places. If you’re loyal to TJX stores and can get around the high APR by not carrying a balance, then you may be a good candidate for one of these cards. Just know there are better deals out there.