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Finance

Is the Home Depot Credit Card Worth It?

The repayment period for Home Depot credit cards depends on the size of the purchase. No interest is charged if you pay off the balance within the offered repayment period. The interest rate is 17.99 percent–26.99 percent depending on your credit score.

If you make a purchase of $299–$999, the retailer gives you six months to pay the balance without interest. If you make a purchase of $1,000 –$5,000, you get 12 months to pay with no interest. With purchases of more than $5,000, you get 24 months to pay with no interest. However, be careful because you will be charged the full interest even if you are only late by one day.

If you open a new Home Depot credit card account, the retailer offers $25 off purchases of $25–$299. You will enjoy $50 off purchases of $300–$999, and $100 off purchases of more than $1,000 as a welcome discount.

View more information: https://marketrealist.com/p/is-home-depot-credit-card-worth-it/

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