Ulta Magnificence Rewards Mastercard evaluate: Full particulars

*Card rating relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

In case you’re a magnificence product junkie, you are all too aware of the temptation to avoid wasting in your Ulta buy at checkout by signing up for an Ultamate Rewards bank card.

Whilst a bank cards knowledgeable, I am all the time tempted by this supply — most likely as a result of it is introduced on the exact second I am questioning why I can by no means make it out of there for underneath $100.

However I by no means join a bank card with out doing my analysis, and Ulta isn’t any exception. Regardless of the Ulta Magnificence bank card having no annual price and providing the possibility to reward my magnificence product behavior, I all the time say “no thanks” to this supply.

There are two completely different Ulta bank cards accessible: the Ulta Magnificence Rewards Credit score Card and the Ulta Magnificence Rewards Mastercard. The primary is a closed-loop card, that means you’ll be able to solely use it at Ulta. The opposite card, the Mastercard model, you should use (and earn rewards with) anyplace Mastercard is accepted.

Because the Mastercard model is probably the most just like different playing cards we discuss right here at TPG, I am focusing this evaluate on that one somewhat than the closed-loop card.

The Ulta Magnificence Mastercard has a really helpful credit score rating of 700 or above. In case you’re there and contemplating the cardboard, let’s dig into the small print to resolve if it is sensible so that you can get.

The data for the Ulta Magnificence Rewards Credit score Card and Ulta Magnificence Mastercard has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.

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Ulta Magnificence Rewards Mastercard advantages

Whenever you join an Ulta bank card, it can save you 20% off your first buy at Ulta. Plus, you may get 500 bonus Ultamate rewards factors after spending $500 outdoors of Ulta within the first 90 days of account opening.

These 500 Ulta factors are value $17.50 at Ulta, so you may get that worth plus no matter low cost you obtain in your first Ulta buy with the cardboard.

It is that low cost supply that all the time tempts me, however I remind myself that there are a number of no-annual-fee cash-back credit cards that supply a sign-up bonus value $200. Since I am by no means spending $1,000 on an Ulta buy, I will get significantly better worth from the bonus on a kind of playing cards than with the Ulta Mastercard.

Cardholders additionally obtain unique provides, similar to a thriller reward with a $50 on-line buy.

On prime of a lackluster bonus, this card is lacking extra advantages you may discover on different playing cards, like purchase protection. This may occasionally not matter when you’re simply shopping for $100 of make-up, however it may transfer the needle when you’re contemplating investing in one thing like a brand new Dyson hair software.

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Incomes and redeeming factors on the Ulta Magnificence Rewards Mastercard

Whenever you use your Ulta Magnificence bank card, you may obtain 2 factors for each greenback spent at Ulta Magnificence and 1 level for each $3 spent outdoors of Ulta Magnificence.

As this chart exhibits, the worth of your factors is dependent upon what number of you redeem at a time.

You have to have at the least 100 factors to make any redemption. At this stage, you may get a worth of three cents per level. In case you save up your factors and do not redeem them till you’ve gotten 2,000 factors, you may get a worth of 6.25 cents per level. This implies you may get between a 6% and 12.5% return on Ulta purchases and between a 1% and simply over 2% return on purchases outdoors of Ulta Magnificence.

This may occasionally sound spectacular, and it is not a foul return on Ulta purchases. Nevertheless, you are restricted to redeeming your rewards at Ulta.

In case you used the Wells Fargo Active Cash® Card (see rates and fees) as an alternative, you’ll earn 2% money again on all of your purchases and will redeem your rewards to cowl your purchases at any retailer.

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For added choices, see our full listing of the best credit cards.

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In case you spend some huge cash at Ulta, the possibility to get unique provides and earn between a 6% and 12% return in your Ulta spending could also be value it. Nevertheless, for purchases outdoors of Ulta, you may do higher with a card that earns cash-back or travel rewards at a stable flat fee.

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