Bread Financial

Little Switzerland Credit Card

Credit Standard

$0 Annual Fee

32.24% Variable Purchase APR

640+ Recommended FICO

Rewards

Category	Rate	Type	Cap
All Other Purchases This card does not offer a traditional rewards program, points, or cash back on purchases; it provides access to promotional financing plans instead.	0x	Cash Back	No cap

Benefits & Protections

Benefit	Category	Value / Coverage
Special Financing Offers Cardmembers may be eligible for special promotional financing offers on qualifying purchases made at Little Switzerland. These offers typically allow for deferred interest or reduced APR for a specified period, subject to terms and conditions outlined at the time of purchase.	Shopping	Promotional financing terms (e.g., 0% APR for X months)

Interest Rates

Purchase APR32.24% Variable

Cash Advance APR32.24%

Min. Interest Charge$2

Deferred Interest Warning: Interest will be charged to your account from the purchase date if the promotional plan is not paid in full within the promotional period. Minimum monthly payments are required.

Fees

Annual Fee $0 — No Annual Fee

Authorized User FeeFree

Foreign Transaction FeeNone

Balance Transfer FeeEither $10 or 5% of the amount of each balance transfer, whichever is greater.

Cash Advance FeeEither $10 or 5% of the amount of each cash advance, whichever is greater.

Late Payment FeeUp to $41

Returned Payment FeeUp to $41

Approval & Eligibility

640 Recommended minimum FICO · Range 640–850

300 Poor580 Fair 670 Good740 Very Good 800+ Exceptional

Approval DifficultyEasy

Credit ProfileFair

Approval OddsGood

Decision TimeInstant

Pre-QualificationNot available

Student EligibleYes

Business EligibleNo

Issuer Rules & Restrictions

Maximum Cards per Issuer

You can hold up to 5 cards from this issuer simultaneously.

Shutdown Risk Triggers

Manufactured spending (MS), spending patterns inconsistent with declared income or profile, rapid accumulation of high cumulative credit limits across multiple Amex cards, abuse of return policies or credits, failure to pay balances on time, triggering a financial review (FR) due to unusual spending or large deposits, and applying for too many cards in a short period (beyond the 2/90 rule).

Cliff Effect Rules

The primary 'cliff effect' for this card is the 'one welcome bonus per card per lifetime' rule. Once you have received the welcome bonus for the 'little-switzerland-credit-card', you are permanently ineligible to receive it again for this specific product, regardless of future applications or account closures. This rule is expected to continue in 2026.

International Friendly

This card works well for international travel and transactions.

Additional Issuer Rules

Eligibility for the 'little-switzerland-credit-card' requires applicants to be 18 years or older, possess a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), and demonstrate a good to excellent credit history (typically FICO score 700+). The welcome bonus is subject to American Express's 'one welcome bonus per card per lifetime' rule, meaning you are ineligible if you have previously held this specific card product and received its welcome bonus. Additionally, American Express enforces a '2/90 Rule', limiting applicants to a maximum of two credit card approvals within any 90-day period across all Amex credit card products. These rules are projected to remain consistent for 2026.

Military & Hardship

MLA Compliant

Complies with the Military Lending Act (36% APR cap for active duty servicemembers).

SCRA Benefits

Eligible active duty servicemembers may be entitled to a reduced interest rate not to exceed 6% on pre-service balances pursuant to the Servicemembers Civil Relief Act.

Hardship Program

Hardship program available.

Bread Financial

Annual Fee

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APR 32.24% Variable

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