As you know by now, using a hardware store credit card for your home improvement financing can actually be a very good idea. You can use credit cards from stores like The Home Depot and Lowe’s to finance your home improvement project. They both offer credit cards to help you with your home improvement financing needs.
The Home Depot has two different consumer credit cards which you can use to pay for your home improvement projects. Both credit cards are reliable forms of home improvement financing.
Home Improvement Financing with The Home Depot Consumer Credit Card: This is the credit card that gives you six months of no payments and zero interest on all your home improvement purchases over $299. This zero interest home improvement financing offer is available all the time as long as you use your credit card. There is no annual fee on this credit card, so the zero percent home interest rate for your home improvement financing is a great deal.
Home Improvement Financing With The Home Depot Rewards MasterCard: If you’re not interested in zero percent home improvement financing but would rather get points for your home improvement purchases, then this is the credit card for you. You can improve your home and then use your reward points to buy something fun for yourself such as an HDTV. There is no annual fee on this credit card so it’s also a good choice of financing for a home improvement project.
Remember that the first Home Depot credit card option is not a home improvement financing option with zero interest forever. The zero percent interest rate only last for the initial six months after the initial Home Depot home improvement supply or service purchase. Also remember that this zero percent financing offer is only good on total purchases of $299 or up at one time.
With either of these Home Depot credit cards you need to have fairly decent credit score or you’ll end up paying higher interest once the zero interest period is over. There are some things you can do to help you get a home improvement loan if you have bad credit.
And don’t be afraid to talk to the sales associates at The Home Depot to find out more information. Sometimes you can get a better deal on financing your purchases there if you just wait a week or so. The employees who work there will often know about upcoming promotions, sales and deals weeks, if not months, ahead of time and many will tell you when to hold off or when a good time to sign up for a credit card might be.
Whether you choose the zero interest home improvement credit card or the card that gives you points for your home improvement purchases the Home Depot consumer credit cards area great source of home improvement financing. Obviously, policies, rates and promotions at The Home Depot change pretty regularly, so you’ll want to visit the store often and check for changes to their programs.