Fans of Victoria’s Secret can now earn rewards no matter where they shop, thanks to the new Victoria’s Secret Mastercard® from Bread/ Comenity Bank. The new Victoria’s Secret and PINK Mastercard offers up to 7.5% back in rewards on purchases with the brand for no annual fee.
Bread Launches New Victoria’s Secret Rewards Credit Card
Victoria’s Secret and Bread Financial have launched a new co-branded retail credit card. The new Victoria’s Secret Mastercard® offers up to 7.5% back in rewards on Victoria’s Secret and PINK purchases, 2% back on travel, dining, and streaming services, and 1% back on all other purchases. The 7.5% back in rewards only applies to Victoria’s Secret Gold members. The basic earning rate for the card is 5% back on Victoria’s Secret and PINK purchases.
New Victoria’s Secret Mastercard® cardmembers also receive a $30 welcome bonus offer after spending $500 outside of Victoria’s Secret within 90 days of activating their new card. Cardmembers will also experience Mastercard® benefits, including Priceless Experiences. At the same time, peace of mind is delivered through protection benefits, including Mastercard® ID Theft Protection™, Mastercard® Zero Liability Protection, and Global Emergency Services.
“Expanded Benefits We Know Matter”
“Bread Financial is thrilled to continue our nearly three-decade-long relationship with Victoria’s Secret, our longest-standing brand partner,” said Val Greer, EVP, and CCO, Bread Financial, in a press release. “Our renewed agreement expands our product suite to include a co-brand card with Mastercard®, enabling us to offer our award-winning credit and loyalty products to Victoria’s Secret customers, driving customer value and continuing our commitment to expansive innovation.”
“People are looking for payment methods and rewards that match their individual interests and daily lives,” said John Levitsky, EVP, Mastercard®. “Working with Bread Financial and Victoria’s Secret, we’re bringing Victoria’s Secret shoppers compelling card products with rewards in categories most meaningful in-store and online.”
“The Victoria’s Secret Mastercard provides new and longtime customers with expanded benefits we know matter to them, including more options to pay how they want to and the ability to earn rewards faster,” added TJ Johnson, CFO, Victoria’s Secret & Co.
About Bread Financial
Bread Financial is a financial services company that formerly operated under Alliance Data. Bread is the parent company of Comenity Bank, one of the largest issuers of co-branded credit cards on the market today.