Bed Bath & Beyond Launches New Comenity Credit Card

Comenity Bank has just launched the new Bed Bath & Beyond Mastercard. Let’s take a look at the card to see if signing up makes sense.

Card Basics

• Get a $25 off $100 coupon when you receive your card
• Earn a $25 gift certificate when you spend $1,000 or more anywhere Mastercard is accepted outside of Bed Bath & Beyond, buybuy BABY Christmas Tree Shops and That!, Cost Plus World Market and Harmon Face Values stores within the first 6 months
• Earn an additional $75 gift certificate when you spend $6,000 or more anywhere Mastercard is accepted outside of Bed Bath & Beyond, buybuy BABY Christmas Tree Shops and That!, Cost Plus World Market and Harmon Face Values stores
• Card earns at the following rates:
  • 5% back in rewards for every $1 spent at Bed Bath & Beyond, buybuy BABY Christmas Tree Shops and That!, Cost Plus World Market and Harmon Face Values stores
  • 2% back in rewards for every $1 spent at gas or grocery stores
  • 1% back in rewards on all other purchases

Will The Shopping Cart Trick Work?

For those not familiar, the shopping cart trick let’s you get some Comenity Bank credit cards without a hard pull.

Our Verdict

It doesn’t make sense to put grocery store or gas station spend on this card, as other cards earn at a much higher rate (best gas cards & best grocery cards). It also doesn’t make sense to put non bonus spend on this card due to the fact other cards earn 2%+ on these purchases.

I guess you could put $6,000 in spend on this card and get $100 in gift certificates from the sign up bonus and then another $60 from every day spend. But if you put that on a 2% card you’d be earning $120 cash back anyway, so really only a bonus of $40 and that is if you treat the rewards certificates like cash (you shouldn’t).

Overall I don’t see much value in this card unless you shop a lot at Bed Bath & Beyond stores and also have bad credit that rules you out from other rewards credit cards. It’ll be interesting to see if the shopping cart trick works on this card or not.