Most people know what is IKEA and reside next to its facilities. One can find furniture and home decoration for any taste. But, Does IKEA have a credit card for loyal clients? When it comes to the actual purchase, the current and loyal clients of this transnational corporation can be offered some goodies in the form of IKEA credit card payment. Is this card worth your time?
Application for IKEA Credit Card
This card is nothing but a reward system for their clients. And, as it often happens, you get what you pay for. It means if you want to receive even $15 reward on your purchases, you should spend quite a lot on furniture, grocery or dining. Apply for IKEA credit card US and enjoy:
- 5% reward on purchases at its facilities with the included services of Traemand/TaskRabbit;
- 3% on dining, grocery, and utility;
- 1% on other products.
Seems pretty decent, and if you are an active client of their stores, it won’t be a difficulty for you to start earning rewards in a few months.
IKEA credit card review of the official application process helps one understand that it is similar to banks. You should firstly meet age requirements such as to be of full legal age and then use their designated platform for the indication of personal data including name and contact information. If you have other family members who use this company and program, you can apply directly under the same account. Besides, you can add authorized buyers, but as far as you are the primary holder of IKEA credit card, all purchases responsibility is on you only. As per their additional bonus, they offer a $25 discount for your firth purchase experience with them.
Finally, there are no IKEA credit card approval odds. You get it and start earning and using rewards as soon as possible. Surprisingly, but this membership loyalty program has also expiration in terms of your earnings. In particular, all earned rewards may expire in 36 months.
IKEA Projekt Credit Card Interest
One very important thing is left. The IKEA family offers approximately 21% APR for all the purchases. And, today it may seem quite a lot, especially if comparing with other credit card APRs. If talking about balance transfer, this company will charge even more, like 26%. Note, the same as with many loans or credit cards, you are at high risk of owing interest when paying with their promotional offers. These occasional deals may involve deferred interest plans, and, they, in turn, lead to a debt pit.
The Bottom Line
You can choose and pay IKEA credit card only if you live nearby its stores and go shopping regularly. Then, it fits those who are crazy about home decorations, and who always order items with them online. You earn rewards after some efforts but with no trouble. On the other hand, if one does not belong to two above-mentioned criteria, there is no need for the application and enrollment in some rewards. They will hardly accumulate with one time visit per year to the store.