Press Releases The TJX Companies and Capital One Launch: Cardholders earn rewards on all purchases for use at TJX Companies stores (February 08, 2002) - The TJX Companies, Inc. (NYSE: TJX) and Capital One Financial Corporation (NYSE: COF) today announced the launch of a new TJX Visa card. Shoppers at any of TJX Companies stores in the United States - T.J. Maxx, Marshalls, HomeGoods and A.J. Wright - now have even more ways to earn the valuable savings they've come to expect from the leading off-price retailer of apparel and home fashions. The TJX Visa cardholders will receive low interest rates and a great rewards program in addition to the extended buying power Visa offers worldwide. When cardholders use the TJX Visa for purchases at any T.J. Maxx, Marshalls, HomeGoods or A.J. Wright store, they will earn 5% rewards, and for all other purchases, cardholders will earn 1% rewards. Rewards are issued to cardholders as they are earned in $10 increments and are redeemable at any of TJX's 1,400 stores across the United States. "We are very pleased with our partnership with Capital One," said Ted English, President and CEO of The TJX Companies, Inc. "Our contract with our customers is to offer great value. The TJX Visa card is another vehicle to reward our loyal customers by providing even more value each time they use the card." "Both Capital One and TJX are known for their innovative, value-added products," said Tom Houston, Head of Business Development for Partnership Finance, Capital One." The TJX Visa card, which features low introductory interest rates on all purchases and balance transfers, in addition to a valuable rewards program, is a great option for consumers who want a credit card that also provides value just like the everyday savings at TJX Companies stores." Consumers can apply for the TJX Visa via: --T.J. Maxx, Marshalls, HomeGoods and A.J. Wright stores in the United States --Phone at 1-877-588-8TJX --Online starting in March 2002 at www.tjmaxx.com, www.marshallsonline.com and www.tjx.com --Invitation from Capital One (check the mailbox!) Headquartered in Falls Church, Virginia, Capital One Financial Corporation (www.capitalone.com) is a holding company whose principal subsidiaries, Capital One Bank and Capital One, F.S.B., offer consumer lending products. Capital One¡¦s subsidiaries collectively had 43.8 million customers and $45.3 billion in managed loans outstanding as of December 31, 2001. Capital One, a Fortune 500 company, is one of the largest providers of MasterCard and Visa credit cards in the world. Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 500 index. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 688 T.J. Maxx, 582 Marshalls, 112 HomeGoods and 45 A.J. Wright stores in the United States. In Canada, the Company operates 131 Winners and 7 HomeSense stores, and in Europe, 101 T.K. Maxx stores. TJX's press releases and financial information are also available on the Internet at www.tjx.com. Ron.
TJ's (my favorite store in the world) offer this card in the '90s. I applied and was declined but offered a regular Cap One secured.
Desdemona, Consumers can apply for the TJX Visa via: --T.J. Maxx, Marshalls, HomeGoods and A.J. Wright stores in the United States --Phone at 1-877-588-8TJX --Online starting in March 2002 at www.tjmaxx.com, www.marshallsonline.com and www.tjx.com Ron.
I wonder if Cap 1 will ever go the way of Monogram Bank and Household and issue regular retail cards. I think there were several members on the board that received solicitations from Cap 1 for the T.J. Maxx card. I want to say it was around December. If I am not mistaken Breeze was one of the first to receive the solicitation and promptly threw hers out. LOL I have not seen a lot of news about this card since nor I have I received any solicitation for it. I think maybe they are starting to really push this card now. Especially with the uncertainty of K-Mart.
They have been pushing. My wife got one- $500 cl. She has not used the card and there it sits in her purse. Best regards, Mirage
It use to be people card, cap 1 sent me the papper to get one but I just got a gold card from them. I hope after the 45 days are up they send me another one.
Brenda, TJMaxx is used to be issued by People's Bank a couple of years ago. My brother applied for one and they denied him because excessive inquiries. Actually Capital One has been promote almost six months from now and they sent me a couple of offers. The Monthly fee is $6.00 and the rate is 19.8 % fixed APR. I didn't apply for one because it is a bad term. Ron.
CapitalOne also issue BMG Visa and here is the link: http://www.bmgvisa.com BMG Visa ANNUAL PERCENTAGE RATE (APR) for purchases* A fixed rate of 3.9% (0.01068% daily periodic rate) through your September 2002 billing period, after that a fixed rate of 12.9% (0.03534% daily periodic rate). Other APRs* Balance transfer APR: A fixed rate of 3.9% (0.01068% daily periodic rate) through your September 2002 billing period, after that a fixed rate of 12.9% (0.03534% daily periodic rate). Cash advance APR: A fixed rate of 19.8% (0.05425% daily periodic rate). Penalty APR: A fixed rate of either 19.8% (0.05425% daily periodic rate) or 25.9% (0.07096% daily periodic rate). *See explanation below. Grace period for repayment of the balance for purchases You will have a minimum of 25 days without a finance charge on new purchases if the total New Balance is paid in full each month by the following statement closing date. Method of computing the balance used in calculating finance charges for purchases Average daily balance (including new purchases). Membership fee Annual membership fee: none. Minimum finance charge For each billing period that your account is subject to a finance charge, a minimum total FINANCE CHARGE of $0.50 will be imposed. Miscellaneous fees Cash advance fee: 2.5% of amount of the cash advance, but not less than $2.50. Balance transfer fee: none. Late payment fee: not to exceed $29. Over-the-credit-limit fee: $29. Returned check fee: $29. *If your account is five or more days past due twice within any six-month period and your introductory purchase rate has expired, all rates will change effective with the beginning of the second billing period in which you were past due. If we do not receive your minimum monthly payment as calculated by the terms of your account for two consecutive billing periods and your introductory purchase rate has expired, all rates will change effective within two billing periods of the delinquency. In either case, the new rate will depend on your purchase APR at the time of this change. If your purchase APR if less than or equal to 10.9%, all rates will change to a fixed 19.8% ANNUAL PERCENTAGE RATE (0.05425% daily periodic rate). If your purchase APR is greater than 10.9% and you selected the 2% minimum payment option, all rates will change to a fixed 25.9% ANNUAL PERCENTAGE RATE (0.07096% daily periodic rate) and your minimum payment will increase to 3% of your outstanding balance or $10, whichever is greater. Although rates are not subject to change during the introductory period for purchases, we will consider one occurrence of being past due during the introductory period toward the above criteria. Your minimum payment will be 3% of your outstanding balance or $10, whichever is greater, unless you have selected the option of the greater of 2% or $10. You are applying for a BMG Visa account. The lines of credit offered with the account range from $500 to $20,000. The information about the cost of the card is accurate as of 01/03/02. The Information may have changed after that date. To find out what may have changed, write to us at Capital One Customer Relations, P.O. Box 85015, Richmond, VA 23285-5015 Ron.
Ron, I'm on the mailing list for TJ's, I've been getting the emails regarding the card for a month now. But what I was trying to say earlier was that TJ Maxx had a card in the 1990's also and that I applied. I was turned down for TJ CC, but was offered a Cap One secured. Same concept, x% back on purchases @ TJ owned stores. At the time it was just TJ's and Marshalls. Retail store APR too. Something like 21%.
Re: Another Capital One co-branded Desdemona, I remember they have some kind of Visa/MC a long time ago and I didn't apply for ut because I had bad credit. Cap 1 offered me a TJX Visa for many times and they offer subprime terms. I didn't apply for it and I got Kmart MC. They offer better than that. Ron.
Re: Another Capital One co-branded I'd apply but I am pleased to say that I now have 6 cards including 2 Cap 1's. Thanks for the info Ron
Re: Another Capital One co-branded King, I have 2 cap 1 cards (one is Cap1 Classic MC and one is Kmart MC). I have more than enough and I don't want to apply anymore. I wanted to save it for the carloan. Ron.
Re: Another Capital One co-branded Ron I soooo want to apply. I have pretty much fulled our new house with TJ's stuff. But I am on the credit wagon and we need a new pool heater and new windows. I'm still having problems with Exquifax, they won't remove anything, thank God no one pulled them in 2001. But the other two are load with inquires so.. as God is my witness.. I will not apply for credit in 2002.
Re: Another Capital One co-branded Ms Desdemona, I don't apply anymore because I need a car loan. I don't want to put more inquiries in my report. Thanks for your reply. Ron.
