Does home depot credit card build credit

Q: Does opening a Home Depot credit card affect credit score?

Its a quick, soft” credit check that wont impact your credit score.

Table of Contents Show

Home Depot Credit Card Review
Key Takeaways
Pros & Cons of Home Depot credit card
Home Depot credit card FAQ
Does Home Depot credit card have a cash back or rewards program?
What are the Home Depot credit card benefits?
What are the relevant APRs for Home Depot credit card?
Does Home Depot credit card have an intro APR offer on balance transfers?
Does Home Depot credit card have an intro APR offer on new purchases?
What are the fees for Home Depot credit card?
What is the customer service phone number for Home Depot credit card?
What is the support contact email for Home Depot credit card?
What is the Home Depot credit card login page?
How do people rate the customer service and user experience of Home Depot credit card?
Does Home Depot Credit Card report your account activity to credit bureaus?
How to apply for Home Depot credit card
Does opening a Home Depot credit card affect credit score?
What credit score should you have at Home Depot for credit card?
How much credit will Home Depot give you?
How long does it take for Home Depot to credit your credit card?

Highlights

Community Rating	Mostly not recommended
Purchase APR (Variable APR)	17.99% - 26.99%
Balance Transfer APR (Variable APR)	N/A
Credit Score Range	600 - 850
Annual Fee	$0
Number of Reviews	8

Home Depot Credit Card Review

This is a store credit card issued by Citi®. If you're wondering whether Home Depot credit card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

Key Takeaways

Signup bonus. Offers a signup bonus of up to $100 if you spend $1000.
High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.99% up to 26.99%.
No annual fee*. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
Fair or better credit required. You will have good approval odds if your credit score is above 600.

Pros & Cons of Home Depot credit card

The Good

The Bad

Allows breathing room for large purchases
Cardholders are offered a full year to make returns.
0% interest for 6 to 12 months if all bills are paid on time.
Customers with a "fair" credit score are often approved, allowing for credit building with this card.
No annual fee.
Considers applicants with fair credit.
Home Depot Credit Card reports to multiple credit bureaus.

No cash back rewards after initial purchase.
Even with special financing offer, interest charges can stack up if not paid on time every month, or if not paid off by the end of the deferred-interest period. Any payment issues result in the 0% interest rate disappearing for all past and future purchases.
Higher than average purchase APRs.
Does not offer rewards or cash back.
You don't earn rewards on every purchase.
Does not include many credit card benefits.

Home Depot credit card FAQ

Does Home Depot credit card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Home Depot credit card benefits?

It provides the following benefits:

Zero fraud liability
Reports to major credit bureaus

What are the relevant APRs for Home Depot credit card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Home Depot Credit Card has a variable purchase APR that ranges from 17.99% up to 26.99%.

Does Home Depot credit card have an intro APR offer on balance transfers?

No, it does not come with an intro APR offer for balance transfers.

Does Home Depot credit card have an intro APR offer on new purchases?

This card does not offer an intro APR rate on new purchases.

What are the fees for Home Depot credit card?

The following fees apply:

Home Depot credit card Fees

Fees	Amount
Annual Fee	$0
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

What is the customer service phone number for Home Depot credit card?

The Home Depot credit card customer service number is (800) 950-5114.

What is the support contact email for Home Depot credit card?

The support contact email for Home Depot credit card is .

You can access the Home Depot credit card login page here.

How do people rate the customer service and user experience of Home Depot credit card?

Overall, Home Depot credit card is mostly not recommended based on community reviews that rate customer service and user experience.

Does Home Depot Credit Card report your account activity to credit bureaus?

Yes, Home Depot Credit Card reports your account activity to the following credit reporting agencies:

Equifax
Experian

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Home Depot credit card

Visit the Home Depot credit card website.
Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Does opening a Home Depot credit card affect credit score?

It's a quick, “soft” credit check that won't impact your credit score.

What credit score should you have at Home Depot for credit card?

A FICO® Score of at least 600 is recommended to apply for the Home Depot® Credit Card -- ideally, a score of 640 or higher. Applicants who get this card usually have scores in the fair credit or good credit range.

How much credit will Home Depot give you?

What Does It Give Me? The Home Depot Project Loan gives cardholders an extremely large line of credit (up to $55,000), 6 months to make purchases, and up to 9.5 years to pay it all off.