Ulta Beauty Mastercard®
Bread Financial
No Annual Fee
Annual Fee
mastercardFair → Goodno-annual-fee5 months ago
Welcome Offer
No Welcome Offer
OpenCard analysis
Is the Ulta Beauty Mastercard right for you?
The Ulta Beauty Mastercard is a no-annual-fee rewards card from Bread Financial. Its strongest everyday earning is 4x on Ulta Beauty Purchases, with 1x on most other purchases. With no fee, the question is simply whether 4x on Ulta Beauty Purchases beats what your current card earns there.
Who it's for
- ✓ People who spend steadily on Ulta Beauty Purchases, where it earns 4x
- ✓ Anyone who wants Ulta Beauty Purchases rewards without paying an annual fee
Who should skip it
- — Heavy spenders outside Ulta Beauty Purchases — everything else earns 1x
First-year value estimate
Welcome bonus
$0
Rewards on spending
$210
Annual fee (year 1)
−$0
Year 1, before credits
$210
Year two, without the welcome bonus: about $210 before credits ($210 in rewards minus the $0 fee).
Assumptions
- $3,000 a year in Ulta Beauty Purchases (4x) and $9,000 on everything else (1x) — $12,000 total, about $1,000 a month.
- Rewards valued at 1¢ per point or 1% cash back (cash-equivalent).
- No welcome bonus is listed in our record, so none is counted.
- No annual fee in any year.
An illustration, not a promise of value. Change the spending to match yours; rewards are not cash until redeemed. Card data reviewed 2026-04-27.
How it compares
Amex Cash Magnet →
American Express, same $0 annual fee; earns 1.5x on everything.
American Express EveryDay →
American Express, same $0 annual fee; earns 2x on U.S. gas stations.
Apple →
Goldman Sachs, same $0 annual fee; earns 3x on Apple Purchases.
Frequently asked questions
- Does the Ulta Beauty Mastercard have an annual fee?
- No. Our record lists a $0 annual fee for the Ulta Beauty Mastercard.
- What does the Ulta Beauty Mastercard earn?
- 4x on Ulta Beauty Purchases, 2x on Gas Stations, 2x on dining, and 1x on other purchases.
- Is the Ulta Beauty Mastercard worth it in the first year?
- Using our illustration ($12,000 of yearly spending, $3,000 of it in Ulta Beauty Purchases), the first year comes out around $210 before credits, including a welcome bonus valued at $0. Year two drops to about $210 before credits.
- What credit do I need for the Ulta Beauty Mastercard?
- Our record lists "Fair to Good" credit as the typical target for the Ulta Beauty Mastercard. Bread Financial makes the final decision based on its own criteria.
Earning Rates
4×Ulta Beauty Purchases4x points per $1 on Ulta Beauty purchases
2×Gas Stations2x points on gas station purchases
2×Dining2x points on dining purchases
1×All Other Purchases1x point on all other purchases
Other Benefits
Other Benefits
Free birthday gift
Birthday gift from Ulta Beauty
Ulta Beauty events
Access to exclusive Ulta Beauty member events
Insurance
Rental InsuranceSecondary
Purchase Protection
Extended Warranty
Sources
Last Updated: Apr 27, 2026