Yes, the Belk's credit card offers 20% off practically anything on the day it is opened. Even better, when you use your new Belk card to make a purchase, you will receive a $10 bonus in Belk Rewards points. Additionally, cardholders can get 3% back in rewards on annual spending up to $599, 4% back on annual spending between $600 and $1499, or 5% back on annual spending of $1500 or more. Additionally, a Belk MasterCard will pay 2% interest.