Comenity Wayfair Cards Shutting Down, New Comenity Cards Sent Out

Awhile ago Comenity sent out a letter to some Wayfair cardholders informing them that their accounts would be closed on September 11, 2020 due to the co-branded relationship ending. In the last two days some Wayfair cardholders have reported receiving a Comenity credit card in the mail with the same credit limit. It seems if you received the original shut down letter you won’t receive this new Comenity card. The new card comes with a number of benefits:

• $100 cash back when you spend $500 within 90 days of activating your new card
• Card earns at the following rates:
  • 3% cash back at home furnishing stores (valid 9/11/20 – 3/11/21)
  • 1.5% cash back on all purchases

Many people with poor credit have/had a Wayfair card due to the shopping cart trick.