The Comenity® Mastercard® Credit Card is a good credit card that’s worthwhile for people with good credit who want to earn cash rewards while avoiding annual fees. In addition to a $0 annual fee, the Comenity credit card offers 1.5% cash back on all purchases and an initial bonus of $100 for spending $500 in the first 90 days.

The downside to this offer is its APR, which could be anywhere from 23.24% to 29.99% (V), depending on your overall creditworthiness when you apply. People with good credit can do better, so it’s best to use this card solely for purchases that you can pay for in full by the due date each month.

Comenity Credit Card Review Highlights

$100 initial bonus

If you spend $500 within 90 days of opening your account, the Comenity® Mastercard® Credit Card will give you a $100 statement credit. This bonus is about average for a rewards card these days, but it’s certainly better than nothing.
 

1.5% cash back on purchases

The Comenity® Mastercard® Credit Card rewards cardholders with 1.5% cash back on all purchases, which is nearly 50% more than the average rewards card provides. You will get these rewards as a statement credit, meaning however much you earn can basically be subtracted from the balance you owe.
 

$0 annual fee

The Comenity® Mastercard® Credit Card is cheaper than the average credit card offer, which has an annual fee of $21.5. As a result, you won’t have to earn a certain amount in rewards each year just to break even with the Comenity card.
 

23.24% - 29.99% (V) APR

The interest rate you will be assigned if you’re approved for the Comenity® Mastercard® Credit Card will be in the 23.24% - 29.99% (V) range. The exact rate will depend on factors such as your credit history, income and existing debt load. Given that even the low end of the card’s APR range is not cheap, plan to pay the bills in full monthly if you decide to apply.

For context, the average APR among new credit card offers right now is 22.39%.
 

700 credit score recommended

The Comenity® Mastercard® Credit Card requires good credit to be approved, which means you’ll probably need a score of 700 or higher if you want good approval odds. You can check your credit score for free on WalletHub.