Gap Good Rewards Mastercard®

Quick Snapshot

• Annual Fee: $0
• APR: 30.24% variable
• Rewards: 5X points at Gap Inc. brands; 1X everywhere else
• Bonus: 20% off your first purchase at Gap with the card
• Best For: Regular Gap shoppers who want 5% back at Gap Inc. brands with an open-loop Mastercard
• Credit Needed: Fair to Good (620-750)

Overview

The Gap Good Rewards Mastercard is the Gap-branded version of the shared Gap Inc. rewards card program. It earns 5X points at all Gap Inc. brands (Gap, Old Navy, Banana Republic, Athleta) and 1X on everything else, with every 500 points converting to a $5 reward.

Like its sibling cards, this open-loop Mastercard can be used anywhere Mastercard is accepted, though the primary value is in Gap Inc. brand spending where you effectively earn 5% back. Free shipping on Gap online orders and exclusive promotions add incremental value.

This card is functionally identical to the Old Navy, Banana Republic, and Athleta Rewards Mastercards in terms of earning structure. The branding and initial welcome discount are the primary differences.

APR Breakdown

• Purchase APR: 30.24% variable
• Balance Transfer APR: 30.24% variable
• Cash Advance APR: 30.24% variable
• Penalty APR: None (already at max)

Note: High APR store card. Pay in full each month to avoid erasing your rewards with interest charges.

Benefits Overview

Rewards Earning

• 5X points at Gap, Old Navy, Banana Republic, and Athleta
• 1X point per dollar on all other purchases
• 500 points = $5 reward at any Gap Inc. brand

Gap Perks

• Free shipping on Gap online orders
• 20% off your first purchase at Gap
• Exclusive cardholder promotions and early access
• Birthday bonus points

Card Basics

• No annual fee
• Open-loop Mastercard for use anywhere
• Zero liability on unauthorized purchases

Rewards & Points

• 5X points at Gap, Old Navy, Banana Republic, and Athleta (5% back)
• 1X point per dollar on all other purchases (1% back)

Points convert at a rate of 500 points = $5 reward. Rewards can be used at any Gap Inc. brand, not just Gap. Points expire with 12 months of account inactivity.

Welcome Bonus

New cardholders receive 20% off their first Gap purchase with the card. This immediate discount provides instant value on your first shopping trip, with no minimum spending requirement.

Fees Summary

• Annual Fee: $0
• Foreign Transaction Fee: 3%
• Balance Transfer Fee: 5% (min $10)
• Cash Advance Fee: 5% (min $10)
• Late Payment Fee: Up to $41

Who This Card Is Best For

Ideal For

• Gap Loyalists who primarily shop at Gap for clothing and want dedicated rewards
• Multi-Brand Shoppers who shop across Gap, Old Navy, Banana Republic, and Athleta
• Online Gap Shoppers who want free shipping on every Gap.com order

Not Good For

• Non-Gap Shoppers who rarely buy from Gap or its sister brands
• High-APR Sensitive Users who carry a balance and would be hurt by the 30.24% rate
• Travel Spenders who want no foreign transaction fees and travel perks

Key Pros & Cons

Pros

• 5% effective earning at all Gap Inc. brands
• No annual fee
• Open-loop Mastercard usable anywhere
• Free shipping on Gap online orders
• 20% off first purchase
• Birthday bonus points
• Access to exclusive cardholder events and promotions
• Rewards usable across all Gap Inc. brands

Cons

• 30.24% APR is very high
• 1% on non-brand spending is below average
• 3% foreign transaction fee
• Points expire after 12 months of inactivity
• Rewards locked to Gap Inc. brands only
• No sign-up points bonus (just a discount)
• No travel or purchase protections

Alternatives to Consider

Card	Best For	Annual Fee	Rewards	Credit Needed
Old Navy Rewards Mastercard	Same rewards with Old Navy branding	$0	5X Gap Inc., 1X other	Fair to Good
Citi Double Cash	Flat 2% on all purchases	$0	2% on everything	Good to Excellent
Wells Fargo Active Cash	2% flat rate with $200 bonus	$0	2% on everything	Good to Excellent

How the Rewards Add Up

Example Annual Value

Category	Annual Spend	Reward Rate	Earned	Value
Gap Inc. Brands	$2,000	5X	10,000 pts	$100
Other Spending	$12,000	1X	12,000 pts	$120

Annual value of approximately $220 with moderate Gap Inc. spending and zero annual fee. Best as a dedicated card for Gap Inc. shopping.

Should You Get This Card?

You Should Get It If...

• You shop at Gap and its sister brands regularly
• You want free shipping on all Gap.com orders
• You prefer a no-annual-fee brand loyalty card
• You want 5% back at your favorite clothing brands
• You shop across multiple Gap Inc. brands (Gap, Old Navy, Athleta, Banana Republic)
• You want an open-loop card you can use everywhere

You Should Skip It If...

• You rarely shop at Gap Inc. brands
• You want 2% or more on all spending
• You carry a balance (the 30.24% APR is punishing)
• You want travel rewards or flexible points
• You shop internationally and need no FTF

Apply Now

Apply for Gap Good Rewards Mastercard®

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Information accurate as of May 2026. Terms and conditions apply. Please visit the issuer's website for the most current information.