Review
Barclays Gap Encore Mastercard Review: Earn Rewards at Gap Family Brands
If you're a loyal Gap brand shopper, the Gap Encore Mastercard could be rewarding, with 5x points on purchases at Gap, Old Navy, and more. But with a high APR, it's only worth it if you pay your balance in full each month!
| Annual Fee | $0.00 |
| Regular APR | APR for purchases 33.24% This APR will vary with the market based on the Prime Rate. APR for balance transfers 33.24%, when using your Mastercard. This APR will vary with the market based on the Prime Rate. APR for cash advances 33.24%, when using your Mastercard. This APR will vary with the market based on the Prime Rate. |
| Rewards Rate | 1x-5x points |
| Sign-up Bonus | 20% off first Gap purchase |
| Other Fees | Balance transfer fee Either $5 or 5% of the amount of each transfer, whichever is greater, when using your Mastercard. |
Overview
Pros & Cons
What's great
- No annual fee
- Sign-up bonus
- Cashback on purchases
- Early access and partner perks
Things to consider
- High regular APR
- Limited rewards categories
- High balance transfer fee
Benefits
Drawbacks
Decision Guidance
Summary
The Gap Encore Mastercard presents a mixed bag. Its strengths lie in the lack of an annual fee and the potential for decent rewards within the Gap family of brands. However, these are overshadowed by significant weaknesses, primarily the extremely hi...