The only time there would be any point to encrypting data is if the encryption is one-way (a hash, to be precise) or asymmetric, where the decrypt key is not stored within the application/system. If the encrypted data is supposed to be decrypted by the same application or by another application with the same key, then there is no point in doing the encryption.
If an attacker can get the encrypted data, then they're in a position to get the encryption key. If the encryption key can be used to decrypt the data, then they've effectively got the decrypted data. It would be like locking your front door and leaving a note taped to it saying that the key is under the mat.