House Depot Credit score Card overview
The House Depot Credit score Card presents particular financing for big purchases and sometimes incorporates a one-time, in-store low cost for brand spanking new candidates. Nevertheless, the shortage of ongoing rewards means you are nearly all the time higher off with a extra normal cash-back bank card. Card Ranking*: ⭐⭐
*Card Ranking relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
Lengthy earlier than I used to be deep into the world of journey bank cards, I opened the House Depot Credit score Card shortly after my spouse and I closed on our home. We had some main renovations to deal with, so having fun with an prolonged promotional interval of deferred curiosity on that enormous buy made it worthwhile. It additionally helped that the cardboard carried no annual payment.
Nevertheless, until you are incessantly making purchases of $299 or extra and want additional time to pay it off, there are probably higher choices on the market. Accredited candidates often have a credit score rating of 640 or larger.
This is the whole lot you could know in regards to the House Depot Credit score Card.
The data for the House Depot Credit score Card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.
House Depot card execs and cons
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House Depot card welcome supply
The House Depot Credit score Card would not often supply a one-time bonus for brand spanking new candidates. Nevertheless, it often does.
For instance, now by July 30, 2025, it can save you as much as $100 if you’re accepted for the cardboard and use it for an eligible buy at House Depot (in-store or on-line) inside 30 days of your account open date.
The low cost relies on the full buy quantity earlier than taxes and supply charges and should be on a single receipt, however this is what it can save you:
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- $25 off your buy of $25 as much as $299
- $50 off your buy of $300 as much as $999
- $100 off your buy of $1,000 or extra
Simply word that this low cost pales compared to many presents you may discover on different high cash-back bank cards.
House Depot card advantages
The present supply on the House Depot card is lackluster, and the cardboard advantages aren’t a lot better. You possibly can take pleasure in particular financing presents if you make giant purchases at House Depot. Particularly, if you make a purchase order of a minimum of $299 on the cardboard, you are eligible for six months of deferred curiosity on that buy.
Moreover, you could be focused for an extended promotional interval (or reductions) on bigger purchases.
For instance, a number of years in the past, we had some important injury to the fence in our yard on account of timber coming down throughout a hurricane. It will’ve set us again practically $7,000 to interchange it (our householders insurance coverage solely paid a small portion for a restore). Quite than worrying about taking the cash out of our financial savings account, we organized for set up through House Depot and charged the acquisition to our House Depot Credit score Card.
In alternate, we acquired 24 months in deferred curiosity — which wound up being nothing since we paid your entire stability off earlier than the top of the promotional interval.
Nevertheless, there’s an vital caveat right here. It is a deferred curiosity supply versus an introductory 0% curiosity supply. The massive distinction? With the deferred curiosity on this card, your curiosity accrues all through the promotional interval. If any stability is left on the finish (even only a few cents), you are chargeable for all the curiosity accrued for the reason that authentic buy. (Alternatively, a 0% annual share fee supply solely begins incurring curiosity on the remaining stability when the promotional interval ends.)
In different phrases, when you use this particular financing, it’s important to repay your entire buy earlier than the six months ends.
Past this profit, the House Depot card presents you one yr to return objects, 4 occasions longer than the product owner’s customary return coverage of 90 days. The cardboard additionally consists of zero legal responsibility for fraudulent prices.
Incomes and redeeming rewards on the House Depot card
The House Depot Credit score Card would not earn any rewards in your on a regular basis purchases, which thus implies that there aren’t any rewards choices on the cardboard.
Different House Depot card choices
Our evaluation to this point has thought-about the House Deport Client Credit score Card, however there are another financing choices out there for the retailer. This checklist consists of:
- House Depot Undertaking Mortgage*: Because the identify signifies, this product permits you to finance a big house enchancment mission through a mortgage. You may have as much as six months to buy the whole lot you want and may finance as much as $55,000 — with 4 completely different mortgage durations and glued month-to-month funds.
- House Depot Professional Xtra Credit score Card*: This industrial revolving cost account is affiliated with House Depot’s loyalty program for contractors and different companies that purchase provides or different objects with the chain.
- House Depot Industrial Account*: This cost account is not a bank card however permits eligible companies to challenge purchaser playing cards to approved staff who can then make purchases at House Depot shops. You have to pay the purchases inside 60 days, although you will get a 2% early pay low cost when you pay on-line inside 20 days.
You possibly can view extra particulars for these merchandise on this web page.
The data for these merchandise has been collected independently by The Factors Man. The product particulars on this web page haven’t been reviewed or supplied by the issuer.
Which playing cards compete with the House Depot card?
Past the opposite House Depot choices detailed above, most options to the House Depot Credit score Card are extra normal rewards playing cards. Listed here are some strong choices:
- If you need rewards at a significant house enchancment retailer: Contemplate the MyLowe’s Rewards Credit score Card. This card presents 5% off all Lowe’s purchases charged to the cardboard, together with related particular financing choices. This (clearly) will not assist House Depot buyers, however when you’re open to a distinct retailer in your house enchancment purchases, it may be an honest choice.
- If you need strong rewards on all purchases: Go together with a high cash-back card just like the Wells Fargo Energetic Money® Card (see charges and charges). Though it has no annual payment, you may earn limitless 2% money rewards on purchases. This card can also be a Visa bank card as a substitute of a retailer card, so it may be used anyplace Visa is accepted.
- If you need particular financing: Go for a card with a 0% introductory APR on all purchases, just like the Chase Freedom Limitless®. You may take pleasure in 0% APR for 15 months from account opening on purchases and stability transfers (then a variable APR of 19.49% to twenty-eight.24% applies). You may additionally earn a minimum of 1.5% money again on all purchases, although new candidates can earn an extra 1.5% again on as much as $20,000 spent within the first yr.
For extra choices, take a look at our checklist of the finest rewards bank cards.
The data for the MyLowe’s Rewards Credit score Card has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.
Associated: The highest 7 bank cards to maximise giant purchases
Is the House Depot card price it?
Typically, no. It match my wants for some particular purchases a number of years in the past, however I’ve since moved on. For the reason that card is proscribed to purchases at House Depot and would not earn any rewards, it is solely a good selection for these needing particular financing choices. Nearly everybody else will likely be higher off with a 2% cash-back bank card — or one with a real 0% APR supply.
Associated: How to decide on a cash-back bank card
Backside line
I beforehand opened the House Depot Credit score Card when my spouse and I have been doing a big renovation, however given its array of limitations (and notable lack of rewards), we have since shifted our giant purchases to different playing cards. It may make sense beneath very particular circumstances, however most House Depot buyers will probably be higher off with completely different playing cards for his or her house enchancment purchases.
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