JCPenney Credit Card cardholders cannot transfer points to travel partners such as hotels and airlines. Instead of transferring to travel partners, people with the JCPenney Credit Card can redeem points for travel-related expenses through Synchrony Bank.
The best way to redeem JCPenney Credit Card rewards points is by spending them on Gift Cards. This will get you up to 5 cents per point. Also, remember that if you have multiple Synchrony Bank cards, you cannot pool your points. Keep this in mind to help determine when to redeem JCPenney Credit Card points.
JCPenney points are worth 5 cents each, on average. For example, 10,000 JCPenney points have a dollar value of roughly $500. As a result, JCPenney points are more valuable than the average department store's rewards points, which are valued at 1.72 cents each.
The easiest way to calculate the value of a retailer’s rewards points for any redemption method is to determine the dollar value of what you’re redeeming for, minus any taxes and fees that you’ll still have to pay, and then divide that amount by the number of points you’re required to redeem. For your convenience, here’s the formula for JCPenney points:… read full answer
Dollar Value of Redemption Item / Number of JCPenney Points Needed = JCPenney Point Value
How to Earn More JCPenney Points
It’s important to remember that while you can’t change the redemption values of JCPenney points, you can increase the rate at which you earn them. One of the best ways to increase the number of JCPenney points that you earn is to apply for the JCPenney Credit Card. That can also help you reach a higher status tier in the JCPenney Rewards program, further boosting your earning potential.
You can use the JCPenney Credit Card at JCPenney, JCPenney.com, Sephora stores inside JCPenney locations, Sephora.com, Rite Aid, and Riteaid.com. There is also a JCP Mastercard credit card that can be used pretty much anywhere credit cards are accepted.
It’s worth noting that potential cardholders do not get to choose which card they apply for. The initial application is submitted for a basic JCPenney credit card. If the application is approved, the applicant will get the JCPenney store card or the JCPenney Mastercard, depending on their creditworthiness.… read full answer
The best JCPenney Credit Card benefits are $0 fraud liability and monthly reporting to the credit bureaus. These perks are certainly good to have, though it’s important to note that they are also relatively common benefits for credit cards.
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