The Trek credit card is a store credit card offered by the popular bike brand and by many local bike stores that are licensed Trek product dealers. While the Trek credit card does not differ wildly from many store credit cards, depending on your needs it may be something worth considering. In this Trek credit card guide we will look at the overview of the card itself, where you can use the card, who is best suited for the card and more.
Trek credit card overview
The Trek credit card does not offer any rewards, so if you’re looking for a way to build up points or credits that can then be used for Trek bicycle products, this card unfortunately won’t permit that. The main attraction of the Trek credit card tends to be the 0% financing introductory offer. When you apply for the card, you can get 0% interest for the first 12 months.
So, if you’re looking to make a major bike purchase, say a new e-bike which can run thousands of dollars, it may be worth considering applying for the Trek credit card and using it on your purchase. This will let you pay off your expensive purchase over the course of a year without incurring any interest.
The Trek credit card does not have an annual fee. This is relatively common for store credit cards. This means that keeping the card over a period of time won’t harm you even if you only applied for the card for the introductory offer. Remember that opening and closing credit cards frequently can be slightly harmful to credit as the average age of accounts can be a factor on your credit report (though if you’re able to manage this, credit card churning can be an approach to build up a wide range of benefits and rewards).
The card requires fair credit for approval. Depending on how your credit is, you may get approved for anywhere from a couple thousand dollars upwards of $8,000 or so. Note that the Trek credit card may be useful for individuals seeking to build up and improve their credit.
The Trek credit card is managed by Comenity bank which is a common management firm for store credit cards (e.g. Comenity managed the Pottery Barn credit card program). You can login to your account online through the Comenity interface, see your balance and make payments at any time.
Where can you use the Trek credit card?
You can use your Trek credit card at any approved Trek retailer. You can use the Trek store locator to find a store near you. You can use the card to purchase bikes, accessories, clothing, and more from these retailers. Ask an employee at the store about specific questions.
At the time of this writing, you could not use the Trek credit card online on the Trek website.
What Trek products might you purchase with the Trek credit card?
Trek’s Domane and Emonda models are very popular road bike lines. The Trek Madone is a top of the line road bike as well.
The FX and Dual Sport lines are great hybrid bikes that can be useful for longer road rides as well as just for every day use.
Electric bikes, or E-bikes, have become wildly popular with Trek and other brands. Trek has a wide selection of road, hybrid and comfort bikes that can are also battery powered.
Trek also has a wide range of excellent kids bike options. The Wahoo, Roscoe and Precaliber lines are excellent options for kids in the 8-14 range. Younger than that, the Precaliber line in smaller frame/wheel options is a great bet.
My personal Trek credit card review
I had a purchase to make for a couple bikes at the local Trek store and decided to apply for the Trek credit card to just space out the payments over 6-12 months. With no interest, I figured, why not. I was approved for a $8,000 credit limit which is way more than needed. I was spending about $1,500 total. The purchase was made and a few weeks later, I received my statement.
Each month I login to the Comenity interface and make the payment. Many times I’ve made well above the minimum payment to put me on track to pay off the card sooner than necessary.
Interestingly, I’ve made several purchases at the same bike store since getting the card, and I did not use the Trek credit card on those purchases. Without the no interest benefit, I didn’t see the need to use the Trek card. Instead, I used a credit card such as my American Express in order to accrue more rewards and benefits.
I own several Trek bikes and love their products. I’d love a reason to maintain the Trek credit card, but there doesn’t seem to be a compelling case to keep it long term. Though, I’m thankful for the introductory offer and benefit that it presented.
Overall, the Trek credit card served its purpose and was easy to manage. In all likelihood, I’ll cancel the account in the next year just to remove it from my basket of credit cards that I need to manage.
Should you add the Trek credit card to your churning strategy?
Some credit card “power users” love to open and close credit cards that offer valuable introductory and sign up offers to new customers in an attempt to pile up impressive rewards balances and other benefits. Admittedly, the strategy works, though you need to understand the full pros and cons of the strategy. For instance, how long your average account lifespan is can affect your credit report (if you open and close too many cards, you are shortening the average length of time you have accounts open). Moreover, some banks will only let you open a new card once every two years or so, and you can bump into the ceiling of allowed accounts if you’re aggressive with this strategy.
So, does the Trek credit card make sense as part of this overall strategy? Not really, in my opinion. The Trek card, as the current introductory offer stands, is mostly useful for making an initial large purchase and getting no interest for the first year. There aren’t any other benefits associated with the card, so it’s not a typical candidate to be included in an overall credit card churning plan. You can learn more about credit card churning by reading our guide on the topic here.
In summation, the Trek credit card is best used to buy some new bikes and pay it off over a calendar year without interest. After that initial purchase is paid off, there aren’t a lot of compelling reasons to continue using the card, especially if your credit card usage is built around accumulating rewards and points.