L.L. Bean MasterCard Review

For More Than Just Outdoor Adventurers

Couple shopping with credit card
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Outdoor enthusiasts and fans of L.L. Bean outdoor and clothing catalog will love the L.L. Bean MasterCard credit card. It has one of the best rewards and benefits programs of any retailer out there.

L.L. Bean MasterCard Details

Annual Fee None
Signup Bonus 15% discount on purchases you make the day you're approved
Rewards Rate 1%-4%
Ongoing APR 16.24%-22.24%
Balance Transfer APR 16.24%-22.24%
Balance Transfer Fee Either $10 or 5% of the amount of each balance transfer
Late Payment Fee Up to $39
Foreign Transaction Fee 3% of each purchase transaction in U.S. dollars
This card does not have an intro APR, or recommended credit score.

There's no annual fee for the L.L. Bean Visa, so if you pay your balance in full each month, you can enjoy your rewards for absolutely free. It's always better to pay credit card balances in full, even moreso with a rewards credit card.

The regular APR for purchases and balance transfers will be 14.24%, 17.24% or 20.24% depending on your creditworthiness. The lowest APR is pretty competitive, even compared to many non-retail credit cards. You'll likely need excellent credit to qualify for the lowest interest rate. But, if you're paying in full - as you should with a rewards credit card - it almost doesn't matter what interest rate you have. 

The cash advance APR is a steep 25.49% and applies to money orders, travelers' checks, foreign currency, lottery tickets, gambling chips, wire transfers and other similar transactions.

Balance transfers are charged a fee of $5 or 3%, whichever is greater. Cash advances are charged a fee of $10 or 5%, whichever is greater. Finally, the foreign transaction fee is 3% of each transaction in U.S. dollars.

Late payments and returned payments are charged a fee up to $37.

Pros & Cons of L.L. Bean MasterCard

What We Like

  • 15% discount on purchases you make the day you're approved

  • 4% reward on purchases at L.L. Bean

  • Free shipping on purchases from L.L. Bean

What We Don't Like

  • You'll likely need excellent credit to qualify for the lowest interest rate.

  • To keep your rewards, you need to use your card at least once a year.

L.L. Bean MasterCard Sign-Up Bonus

Enjoy a 15% discount on purchases you make the day you're approved for your L.L. Bean MasterCard credit card. This is a decent discount, though if you wait a little, online retailers frequently offer better sales.

Earning Points & Rewards

The L.L. Bean MasterCard rewards cardholders with 4% back on all Bean purchases, 2% at gas stations and restaurants, 10% back at L.L. Bean Outdoor Discovery Schools, and 1% back on all other purchases.

Because it's a MasterCard co-branded credit card, you can use the L.L. Bean MasterCard anywhere that MasterCard is accepted, not just at L.L. Bean stores.

The rewards are only part of it. L.L. Bean offers free shipping on all purchases, no minimum required, even if you don't use your MasterCard card. But, if you do use your card, you also get free shipping on any returns. Monogram lovers will enjoy the benefit of free monogramming on goods purchased with the card, up to 10 spaces per line.

To keep your rewards, you need to keep your account in good standing and use your card at least once a year. Otherwise, you risk losing your rewards and having your account closed.

Redeeming Rewards

When you earn at least $10 in rewards, you're automatically sent a coupon with your statement. (The certificates expire after 12 months if you don't use them). If you've lost your coupon or you're not sure whether you've earned one, you can login to your online account to get the coupon code to use on your purchase.

Purchases at L.L. Bean earn a hefty 4% reward.

L.L. Bean MasterCard Additional Fees

Returned Payment Fee Up to $39
Cash Advance APR 27.49%
Cash Advance Fee Either $10 or 5% of the amount of each cash advance

Is This Card Right For You?

This is a great card for outdoor enthusiasts, as the 4% reward on purchases at L.L. Bean is quite generous. Non-campers, however, might not find the main perk that useful.

If you've decided you want the L.L. Bean Visa, you can apply directly on their website. Make sure you check out the latest terms and conditions to be sure nothing has changed.

Edited by LaToya Irby. Credit card terms and sign-up bonuses are subject to change from the time of this review. Refer to the application for current terms and conditions.