Shopping on Wayfair can be more advantageous if you have a Wayfair credit card. The retailer offers unique deals on its 5 retail brands. There are certain benefits associated with ownership. If you’re wondering whether or not to apply, here are ten benefits you can get if you get approved for a Wayfair credit card.
1. No interest option
You can use your Wayfair credit card to make purchases with the retailer and are eligible to take advantage of their interest-free option. If you pay off your full credit card balance within a 6 or 12-month period, you can avoid interest charges entirely. This is a new cardholder promotion, but you must pay for orders placed within the promotion timeframe and you cannot delay a payment to qualify.
2. You earn Rewards points
The Wayfair credit card comes with a rewards program. You can earn up to three percent in rewards on your purchase orders. Some restrictions apply and offer is only valid on eligible orders.
3. You can get $ 40 off your first order
This is a promotional offer made by Wayfair for new cardholders only. You may be eligible to receive $ 40 off the cost of your first order. To qualify for this discount, your order must be over $ 250 and the offer only applies to the first order.
4. You get access to unique products
Wayfair offers access to shop for furniture and home decor online. The products offered are available in a wide range of styles and types. Some items are not easy to locate and this is only part of the appeal to shopping at Wayfair.
5. There is no annual fee.
Many banks that offer credit card accounts charge an annual fee in addition to other fees. One of the benefits of having a Wayfair credit card is that there are no annual fees to pay. This makes the card of higher value compared to others.
6. You can finance major purchases
There are times when it is difficult to come up with a lump sum of cash to buy important items like furniture and other types of home decor. With the Wayfair credit card, you can order merchandise online from the comfort of your home and make convenient monthly payments. This makes it possible to redecorate your home in style without the need to wait while you save.
7. Rewards can be spent on future orders
When you have accumulated reward points on eligible purchases, these points can be used to help defray the costs of future orders. This plan gives you store credit and further reduces the costs of any merchandise that you will collect in the future. The more eligible brands you buy, the more rewards you get.
8. You have financing options
The Wayfair Credit Card has different financing options available on eligible orders. If your order is a minimum of $ 250, you may qualify for a zero down payment and six-month financing option. If your order is $ 500 or more, you may qualify for a 12-month financing plan. If you pay off the balance before the end of the promotional period, no interest will be charged.
9. You can improve your credit score
The Wayfair credit card can help you improve your credit score. By using the card responsibly, making all payments on time, and keeping balances low, you can improve your FICO score. This is another great benefit associated with the card.
10. Flexible approval standards
It can be difficult to obtain a standard credit card, especially if you have had some problems with your credit. Wayfair credit cards are easier to qualify for than most department store cards or conventional credit cards. The likelihood of approval for this card is much higher, especially if you have a good or no bad credit history with the store.
These are the ten benefits of applying for a Wayfair credit card. The card can only be used for in-store orders, but it gives you additional shopping options with great perks. If you are interested in buying new furniture or home decor and could use a financing option with monthly payments, then this is an option worth considering.