Credit Cards

Wayfair Credit Card full review

Learn everything you need to know about the Wayfair Credit Card, including how to apply, what rewards you can expect, and more. Start saving money right away with this credit card!

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by Sabrina Paes

12/15/2022 | Updated on 12/29/2022

Wayfair Credit Card: Welcome to a new world of online shopping and rewards

Wayfair Credit Card
Read out Wayfair Credit Card full review and learn how this card works. Source: Stealth Capitalist

Are you looking for a new credit card? Then read our Wayfair Credit Card review. Wayfair has a basic card that can be used only for purchases on Wayfair-owned retail sites. And a Wayfair Mastercard that can be used anywhere Mastercard is accepted.

Wayfair Logo

Applying for the Wayfair Credit Card: learn how!

Applying for the Wayfair Credit Card is easy! Qualify with bad credit and enjoy no annual fee. Keep reading to learn how.

With the Wayfair Mastercard, you’ll get 3% back in rewards at grocery stores, 2% on qualifying online purchases, and 1% on all other purchases. It’s perfect for convenience and extra rewards. Keep reading to learn more!

  • Credit Score: 550 – 850 (Poor to Excellent);
  • Annual Fee: $0;
  • Regular APR: 31.24% variable APR for purchases;
  • Welcome bonus: No interest if you pay in full for up to 24 months on eligible orders or 5% cash back in rewards at Wayfair ($40 starting bonus after spending $250);
  • Rewards: 3% back in rewards at grocery stores, 2% back on qualifying online purchases, and 1% back on all other purchases.
  • Terms apply.

How does the Wayfair Credit Card work?

Wayfair Credit Card of this review offers a great way to shop your Wayfair websites, with the Wayfair Credit Card Only and Wayfair Mastercard.

Wayfair Credit Card can only be used on Wayfair sites such as Joss & Main, AllModern, Birch Lane, and Perigold.

However, with Wayfair Mastercard, customers receive 3% back in rewards at grocery stores and 2% when they shop online.

Customers can get 1% back on their order with their Wayfair Mastercard on purchases made elsewhere. Shop smarter with Wayfair’s assortment of credit cards that cater to every shopping need.

Wayfair Credit Card pros and cons

Credit card
Find out what are the advantages and disadvantages of the Wayfair Credit Card. Source: Pexels

The Wayfair Credit is a great option for all credit score types. After all, you can apply even if you have a bad score. However, in this case, interest rates may be higher.

Moreover, you can enjoy interesting introductory bonuses in addition to attractive benefits. Nevertheless, you may also experience some cons, like a relatively high APR. Check out the comparison.

Pros

  • Use the card at any of the 5 brands, including Wayfair;
  • Cash back rewards on all purchases;
  • Lower credit scores are often approved;
  • No annual fee;
  • Reports to multiple credit bureaus – so you can build your credit history.

Cons

  • Interest rates are very high compared to other options;
  • Special financing requires extra interest from the date of purchase;
  • APR is relatively higher compared to other options;
  • The card does not have many associated benefits.

Does my credit score need to be good?

The Wayfair Credit Card is destined for almost every type of credit score. After all, to make the request, you need a score between 550 and 850. So if you have a poor credit score, you can have this card.

However, interest rates are proportional to your credit score. Therefore, the lower the credit score, the higher the interest rates. Even so, you can enjoy the benefits to which the card entitles you.

Want to apply for the Wayfair Credit Card?

With the Wayfair Credit Card. Besides, you can enjoy a welcome bonus and some exclusive benefits. Great perks, right? Want to know how to apply for that card? Then check out the post we separate to help you.

Wayfair Logo

Applying for the Wayfair Credit Card: learn how!

Applying for the Wayfair Credit Card is easy! Qualify with bad credit and enjoy no annual fee. Keep reading to learn how.

About the author

Sabrina Paes

Content Writer, Copywriter, and Ghostwriter. Content marketing professional with 5 years of experience. Specialist in investment, finance, and technology niche. MBA in Marketing at the University of São Paulo, Brazil. Content Writer by Rock Content, and University of California (UCDAVIS).

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