Home Depot Credit Card
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When you want to get a store card from any kind of store, it's all about the rewards and pretty much nothing else matters. Even when people know that there's a very high interest rate that will come with it they tend to apply anyway because they want the benefits. People who have the Home Depot Credit Card aren't very much different. The Home Depot Credit Card is really for those really serious shoppers who are at Home Depot stores probably more than they are at any grocery store. The Home Depot Credit Card doesn't seem to pack much on the side of benefits, actually. However, there seems to be tons of people who can't seem to get enough.
So what does the Home Depot Credit Card really have to offer? Actually, the only thing that it's really good for is to be able to finance your purchases for about six months if you are approved for it. If you are someone who always shops and makes purchases at Home Depot at or in excess of $300, you will love their finance benefit. For example, if you just charged $300 to your card and wanted to finance that, you would get six months to pay back only $300. That's $300 that most of the time serious shoppers of Home Depot spend out-of-pocket at once anyway. Therefore, what better than to keep that money for a little while longer and just pay off the balance as scheduled?
You could really save even more than you expect though with being able to use the Home Depot Credit Card. You would save money in fuel costs because you would be able to make fewer trips to the store as you buy things in bulk and pay them in installments. You would save time spent on all the trips you will no longer have to make and not to mention the time waiting in line or making your selections in the stores. Perhaps the reason that people have sought out the Home Depot Credit Card is so that they can save not only on the financing side but everything else as well.
At the end of the day it's all about what's in it for the consumer, right? For a card like the Home Depot Credit Card to only offer financing as a benefit for their card and still get thousands of people interested says a lot about their customers and products. If Home Depot had a bad rapport with the public or if their products weren't of high quality, they would have really needed to offer many more benefits to get people interested in the first place. Just make sure that if you get the Home Depot Credit Card you will always make your payments on time. If you begin to fall behind on those payments it will quickly snowball into big problems. Their high APR is no joke and should never be forgotten. If you neglect the fact that your high APR will catch up with you in the worst way if you fail to pay on time, you will likely have a harder time than you think trying to restore your account to good standing.