1)      Information about jc penny

 

J.C Penny is a very well known brand and has a large number of stores in America which sell a lot of merchandise like house wares, clothing, beauty products, footwear, furniture, and electronics .The main base for the store is in Texas.

 

What is a JC Penny credit card?

People who are residents of USA and frequently shop at J.C Penny often opt for a J.C Penny Credit Card which offers them a lot of benefits while shopping at all the J.C Penny stores.

A J.C Penny   credit card is not a full fledged card like a MasterCard or a visa card that is issued by banks but shoppers use this card at J.C PENNY stores to shop without paying for the merchandise immediately. There are a lot of discounts given to card holders like a 30 to 40 percent discount on certain items.

 

Types of J.C penny cards: 3 types of J.C Penny cards are available

1) Black card

2) Platinum card

3) Gold card

 

A customer is first issued a black card and when they spend more than $500 at the store within a year, the gold card is issued. Platinum card holders need to spend $1000 at the store in a year.

Services like customer service, choice of billing date, saving certificates are offered to gold card holders. Platinum card holders can avail all the above mentioned services and free shipping of merchandise as well as coverage from theft. These cards have no fee.

 

Applying for a JC PENNY credit card:

 

2)      How credit card bills are calculated?

A systematic method called daily balance method is used for calculation of bill payment

A daily rate of interest is charged to the daily balance. The daily balance is calculated by taking the starting balance of each day and to that the fees or charges are posted for each day. Any other credits or payments are subtracted from the daily balance. After this the amount of interest to be charged is calculated and then the interest to be paid is added to the daily balance and that becomes the starting balance for the next day.

 

Methods of payment for J.C PENNY CARDS

• Payment of the credit card bill can be made online on the website of J.C PENNY.
• Payment can be made over the phone also.

 

Benefits of a J.C penny credit card:

1) There are no annual fees for this card.

2) Purchases can be made without immediate cash payment.

 

3)      Contact details:

 

For customers residing in USA and who require support with online transactions can call 1800 527 4403 and for general information about J.C penny credit cards customers can call at 1800 542 0800.