The Home Depot Credit Card is a 0% interest credit card offered by Citi. You will not pay interest on purchases for the first six months if you have fair credit or better. However, you can get an extended 0% interest period if you have an excellent credit score. For example, if you spend $299 or more on your card within six months, you will not pay interest on that amount. The benefits of this card are many, and you should consider signing up for one.


Doesn’t offer rewards or cash back

The Home Depot credit card does not offer rewards or cash back, but it does have a few perks. The first is the interest-free financing. In other words, you can purchase the home of your dreams for up to 24 months without paying interest. However, if you miss a single payment or fail to pay the entire balance in the six-month grace period, you’ll start accruing interest.

Another perk of the Home Depot credit card is that you don’t need to pay interest on store purchases. Depending on how much you spend, you can get a discount of up to $100 if you use the card to make a qualifying purchase. Another perk is the one-year return policy. Home Depot has a great return policy, and the credit card can be returned for a full refund.

Doesn’t charge an annual fee

The Home Depot credit card doesn’t charge an yearly fee and is approved without a deposit. The rewards program is also a benefit, allowing you to earn points towards future purchases. If you have fair credit and want to apply for a credit card with a low interest rate, this might be the best choice. You can then reapply once your report shows a positive credit history. If you have been declined for a credit card in the past, you need to learn why and take steps to rectify it.

The Home Depot card offers 0% financing for six months. However, you must pay the full amount off before the promotional period expires, or you will have to pay the interest on the balance you’ve accumulated. However, if you don’t pay your balance off within this period, the Home Depot card will charge you full interest. The good news is that you can use the balance transfer option to pay off large purchases.

Offers 0% interest on purchases of $299 or more

If you’re in the market for a new credit card, the Home Depot credit card may be a great choice. You’ll get 0% interest on purchases of $299 or more and you’ll enjoy the benefits of a home improvement store credit card. But before you apply for the card, be sure to read the terms. You’ll want to know exactly how the terms will impact your financial situation and your credit profile.

You’ll be able to pay in full within six months, but you will need to be mindful of two rules to take advantage of this deal: you must pay the purchase in full within that time frame, and you can’t apply for this credit card more than once. Home Depot will also charge you full interest on purchases made after the 0% promotional period ends. Taking advantage of this option is an excellent way to make large purchases, such as appliances and furniture.

Doesn’t report to credit bureaus

The Home Depot credit card doesn’t report to the major credit bureaus. This can cause a negative impact on your credit score. This card doesn’t report to the bureaus on a monthly basis, so it’s important to keep this in mind when applying for the card. If you’ve recently applied for a credit card, this could be the reason why you’ve been rejected. You can try again after a few months have passed and your report shows a positive credit history.

To avoid hard inquiries, you need to make sure that your application is based on a soft inquiry. A soft inquiry is not reported to the major bureaus and only appears on your report if you give your consent. You might see a THD/CBNA soft inquiry if you’ve applied for a credit card with The Home Depot and were pre-approved. You don’t have to agree to this type of inquiry because it’s only visible to you. However, if you’re applying for a new job, a soft inquiry may show up.

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