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Partnerships February 15, 2023

Say Hello to the New Michaels Credit Card™ and Earn 9% in Rewards Every Day¹

Say hello to the new Michaels Credit Card

Open online or in-stores now to start maximizing your rewards

COLUMBUS, Ohio - February 15, 2023 - The new Michaels Credit Card™ offers a way to earn 9% in Rewards every day¹ – the most Rewards ever for our most loyal customers! Artists, makers, teachers, decorators and all other creatives looking for more value from their favorite arts and crafts destination can now apply online or in any Michaels store across the US. 

As the latest move to give Makers even more reasons to choose Michaels for everything they need to bring their creative dreams to life, the Michaels Credit Card offers exclusive perks including: 

  • Earning 9% in Rewards every day when using your Michaels Credit Card¹
  • Savings of 20% on your first purchase with your Michaels Credit Card when you open an account²
  • Periodic free shipping on online orders when using your Michaels Credit Card³
  • Periodic special financing opportunities⁴

“The new Michaels Credit Card enables us to give our customers even more value and flexibility when they shop at Michaels,” said Heather Bennett, Executive Vice President of Marketing and Ecommerce at Michaels. “With the ability to earn 9% in Rewards every day¹ on top of promotions and special offers, there’s never been a better time to create with Michaels.” 

The Michaels Credit Card further expands the recently updated Michaels Rewards Program, offering cardholders a chance to triple their Rewards on everyday purchases. With non-cardholder Rewards Members earning 3-6% in everyday Rewards, the Michaels Credit Card unlocks a way for creatives to maximize their value on their favorite arts and crafts supplies, componentry, décor and gifts. The Michaels Credit Card is issued by Comenity Capital Bank, a subsidiary of Bread Financial.

“Bread Financial is thrilled to collaborate with Michaels on a credit card program that provides lovers of arts, crafts and décor even more reasons to choose Michaels for all their creative needs,” said Val Greer, EVP and chief commercial officer at Bread Financial. “We’re proud to be partnering with them to bring this program and its many benefits to their most loyal customers, and we look forward to seeing it grow.”

Bread Financial is thrilled to collaborate with Michaels on a credit card program that provides lovers of arts, crafts and décor even more reasons to choose Michaels for all their creative needs.

Val Greer - Chief Commercial Officer, Bread Financial

About Michaels
The Michaels Companies, Inc. is the destination where all creatives get inspired, shop, learn, and create. As the largest specialty arts and crafts retailer in North America, Michaels operate 1,275 stores in 49 states and Canada and online. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise. Founded in 1973 and headquartered in Irving, Texas, their mission is to empower every Maker to bring their creative dreams to life. For store locations or to shop online, please visit

About Bread Financial   
Bread FinancialTM (NYSE: BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choices that offer ease, empowerment, financial flexibility and exceptional customer experiences. Driven by a digital-first approach, data insights and white-label technology, Bread Financial delivers growth for its partners through a comprehensive product suite, including private label and co-brand credit cards, installment lending, and buy now, pay later (BNPL). Bread Financial also offers direct-to-consumer solutions that give customers more access, choice and freedom through its branded Bread CashbackTM American Express® Credit Card and Bread SavingsTM products.

Headquartered in Columbus, Ohio, Bread Financial is powered by its 7,500+ global associates and is committed to sustainable business practices. To learn more about Bread Financial, visit or follow us on Facebook, LinkedIn, Twitter and Instagram.

¹Offer is exclusive to Michaels Credit Card holders enrolled in the Michaels Rewards program. Maximum of $150 in total rewards earned per day. Maximum of 9% rewards per transaction. Excludes taxes, gift cards, extended warranty purchases and shipping fees. This rewards program is provided by Michaels and its terms may change at any time. For full Rewards Terms and Conditions, please see

²Valid one time only. The entire transaction amount after discount must be placed on the Michaels Credit Card. Excludes taxes, gift cards, shipping fees and extended warranty purchases.

³Account must not be in default. Minimum purchase required to redeem. See offer for full terms and conditions.

Minimum payments are required for each Credit Plan. Valid for single transaction only. If the single transaction has multiple shipments, each shipment may result in a separate Credit Plan, subject to a separate minimum purchase requirement. 

The Michaels Credit Card cannot be used on;;;; and

Credit card offers are subject to credit approval.
Michaels Credit Card accounts are issued by Comenity Capital Bank.