Rooms To Go Credit Card Review

Rooms To Go credit card is for furniture buying.

Key Takeaways:

  • The card received high scores for fees, cost, and APR.
  • It offers a 0% intro APR for 50 months, with a 29.99% APR after that.
  • There is no option to transfer balances.
  • Pros of the card include no membership fees, 0% intro APR on purchases, no deferred interest, and the ability to qualify with fair credit.
  • However, there are no rewards and the regular APR is high.
  • Users have given the card a rating of 3.4/5.
  • Some users have expressed concerns about their credit limit being lowered and the issuer’s customer service.
  • The card can be used at thousands of retailers across the US, but not universally.
  • Users have reported being able to use the card immediately after approval.

Ratings and Scores

The Rooms To Go Credit Card has received high ratings and scores on WalletHub’s proprietary credit card rating system, particularly for its fees, costs, and APR. With an overall rating of 4.9 out of 5, it is considered a top choice for those looking for a furniture credit card option.

When it comes to fees, the Rooms To Go Credit Card ranks highly, offering customers the advantage of no membership fees. This factor, along with the 0% intro APR on purchases, makes it an appealing choice for those planning to make large furniture purchases without accruing interest.

However, it’s worth noting that the card does not offer any rewards program, which can be a drawback for those who prefer to earn points or cashback on their spending. Additionally, the regular APR of 29.99% is relatively high compared to other credit cards on the market.

Reviews from users of the Rooms To Go Credit Card indicate a rating of 3.4 out of 5. Some customers have expressed frustration with their credit limit being reduced without notice, while others have reported issues with the issuer’s customer service. It is important for potential cardholders to consider these factors alongside the card’s benefits before making a decision.

In terms of acceptance and usage, the Rooms To Go Credit Card can be used at thousands of retailers across the United States, making it convenient for furniture shopping. However, it’s important to note that the card may not be universally accepted, so it’s always wise to check with the retailer before making a purchase. The card can be used immediately upon approval, providing a seamless shopping experience. In case of a lost card, users should report it to customer service promptly to obtain a replacement.

Intro APR and Terms

The Rooms To Go Credit Card provides a 0% intro APR for 50 months, after which a regular APR of 29.99% applies. It’s important to note that balance transfers are not permitted with this card. This introductory offer is a significant benefit for customers looking to make large furniture purchases or finance their home furnishing needs. With 50 months of interest-free financing, customers can spread out their payments over an extended period without incurring any additional costs.

While the 0% intro APR is certainly attractive, it’s crucial for cardholders to be aware of the terms and conditions associated with this offer. Customers must make their monthly minimum payments on time throughout the introductory period to maintain the 0% APR. Failure to do so may result in the cardholder losing the promotional rate and being charged the regular APR. Therefore, it’s important to keep track of payment due dates and ensure timely payments to take full advantage of this offer.

The absence of balance transfer options is worth noting as well. Cardholders cannot transfer balances from other credit cards to the Rooms To Go Credit Card. However, the 0% intro APR on purchases makes this card an attractive option for those specifically looking to finance furniture purchases. It’s important to carefully consider your financial needs and goals before applying for this card.

Intro APR Balance Transfers
0% for 50 months Not permitted

In summary, the Rooms To Go Credit Card offers an impressive 0% intro APR for 50 months, providing customers with an extended period to finance their furniture purchases without accruing interest. However, it’s important to make timely payments and understand the terms and conditions associated with this offer. The absence of balance transfer options should also be taken into consideration.

Pros of the Rooms To Go Credit Card

There are several benefits to consider when choosing a Rooms To Go Credit Card, such as no membership fees, a 0% intro APR on purchases, no deferred interest, and the opportunity to qualify even with fair credit.

One of the standout features of the Rooms To Go Credit Card is the absence of any membership fees. This means that cardholders can enjoy the perks and benefits without incurring additional costs, making it a budget-friendly option for those in need of furniture financing.

Another advantage is the 0% intro APR on purchases. This introductory period allows cardholders to make big-ticket furniture purchases without incurring interest charges for a designated period of time. This can be particularly advantageous for individuals looking to furnish their homes or make renovations without the burden of immediate interest payments.

Benefits of the Rooms To Go Credit Card
No membership fees
0% intro APR on purchases
No deferred interest
Qualify with fair credit

Additionally, the Rooms To Go Credit Card offers the opportunity to qualify with fair credit. This means that individuals with a less-than-perfect credit history still have a chance to be approved for the card, making it accessible to a wider range of customers.

It is important to note, however, that the Rooms To Go Credit Card does not offer any rewards program, which may be a drawback for some customers who value earning rewards or cashback on their purchases. Furthermore, the regular APR for this card is relatively high, so it is advisable to pay off the balance within the introductory period to avoid accruing interest charges.

“I love my Rooms To Go Credit Card. The 0% intro APR allowed me to furnish my new home without breaking the bank, and I didn’t have to worry about any hidden fees.” – Happy Cardholder

Conclusion:

Overall, the Rooms To Go Credit Card provides a range of benefits, including no membership fees, a 0% intro APR on purchases, no deferred interest, and the opportunity to qualify even with fair credit. While it may lack a rewards program and has a relatively high regular APR, these drawbacks may be outweighed by the advantages for those in need of furniture financing. It is important for potential cardholders to consider their own financial situation and spending habits before making a decision.

Drawbacks of the Rooms To Go Credit Card

While the Rooms To Go Credit Card has its advantages, it’s important to be aware of the drawbacks, such as the lack of rewards and the higher regular APR compared to other credit cards. One of the main drawbacks of this card is the absence of any rewards program. Unlike many other credit cards that offer cashback or points for purchases, the Rooms To Go Credit Card does not provide any form of rewards. This means that cardholders miss out on the opportunity to earn valuable incentives and benefits while using the card.

Another drawback to consider is the relatively high regular APR of 29.99% after the 0% intro APR period ends. While the 0% intro APR for 50 months on purchases can be advantageous for those looking to finance furniture purchases, it’s important to keep in mind that the regular APR is significantly higher than the average credit card APR. This means that if you carry a balance or make late payments, you may incur substantial interest charges.

It’s also worth noting that some users have reported concerns about their credit limit being lowered unexpectedly. This can be frustrating for cardholders who rely on a higher credit limit for larger purchases. Additionally, there have been complaints about the customer service provided by the card issuer. Some users have experienced difficulties reaching customer service representatives or have received unsatisfactory assistance when encountering issues with their credit card.

Overall, while the Rooms To Go Credit Card offers certain advantages, such as no membership fees, a 0% intro APR on purchases, and the possibility of qualifying with fair credit, it’s important to consider the drawbacks before deciding to apply for this card. The lack of rewards, higher regular APR, potential credit limit reductions, and reported customer service issues should be taken into account when evaluating whether this credit card is the right fit for your financial needs.

User Reviews and Ratings

Many users have shared their experiences with the Rooms To Go Credit Card, providing valuable feedback and insights, although there have been a few concerns raised regarding credit limit reductions and customer service.

One user, Jessica, has praised the card for its ease of use and convenience, stating, “I love the Rooms To Go Credit Card! It was super simple to apply for, and I was approved instantly. I’ve been using it for all my furniture purchases, and the 0% intro APR on purchases is a huge plus. I haven’t had any issues with the card itself, and it’s been accepted at all the stores I’ve visited.”

Another user, Mark, had a different experience. He expressed his frustration with the credit limit reduction he experienced after a few months of using the card. Mark stated, “I initially had a decent credit limit, but after a few months, they reduced it without any notice. It was quite disappointing, as I had planned on using the card for future purchases. Additionally, the customer service was not helpful in resolving this issue.”

Jennifer’s review:

“I have mixed feelings about the Rooms To Go Credit Card. On one hand, the 0% intro APR on purchases is great, and I was able to furnish my entire home without paying any interest. However, the high regular APR is a drawback, especially if you carry a balance. I would recommend it for the introductory period but would caution against carrying a balance afterward.”

Despite these concerns raised by some users, it’s essential to note that the Rooms To Go Credit Card has received an overall positive rating of 3.4/5 based on user feedback. It appears that while the card offers benefits such as no membership fees and a 0% intro APR on purchases, customers have reported issues such as credit limit reductions and challenges with customer service. It is always advisable to carefully consider all factors and read user reviews before making a decision on any credit card.

User Rating Review
Jessica 4/5 “Love the card, easy to use and accepted everywhere!”
Mark 2/5 “Credit limit reduction without notice and unhelpful customer service.”
Jennifer 3/5 “Great for the introductory period, but watch out for the high regular APR.”

Acceptance and Usage

The Rooms To Go Credit Card offers widespread acceptance at numerous retailers throughout the US, although it may not be accepted everywhere. This allows cardholders to conveniently use their card for furniture purchases at a variety of locations. Whether you are shopping at a Rooms To Go store or any other participating retailer, you can enjoy the benefits of this credit card.

One of the advantages of the Rooms To Go Credit Card is that users can start using it immediately after approval. This means you can apply for the card and use it to make purchases right away, making it a convenient option for those in need of furniture or home decor items. With its quick approval process, you don’t have to wait long to start enjoying the benefits and perks of this card.

It’s important to note that if your Rooms To Go Credit Card is lost or stolen, you should report it to customer service as soon as possible. They will be able to assist you in getting a replacement card and ensure the security of your account. By promptly reporting a lost or stolen card, you can avoid any fraudulent activity and continue using your card hassle-free.

Table: Participating Retailers Accepting the Rooms To Go Credit Card

Retailer Acceptance
Rooms To Go Yes
Ashley Furniture Yes
Badcock Home Furniture Yes
Bob’s Discount Furniture Yes
Raymour & Flanigan Yes
Value City Furniture Yes
And many more Yes

As seen in the table above, the Rooms To Go Credit Card is accepted at popular retailers in the furniture industry. This extensive acceptance network ensures that you can use your card to make purchases at various locations and take advantage of any available promotions or financing options.

Overall, the Rooms To Go Credit Card offers widespread acceptance, immediate usability after approval, and a convenient process for replacing lost or stolen cards. These factors contribute to the card’s appeal and make it a suitable option for those seeking financing options for their furniture purchases.

Conclusion

Based on customer reviews and ratings, the Rooms To Go Credit Card offers several benefits, but it’s important to consider the drawbacks and individual needs before making a decision.

The Rooms To Go Credit Card has received a high rating of 4.9/5 according to WalletHub’s proprietary credit card rating system. It scored well in terms of fees, costs, and APR. The card provides a 0% intro APR for 50 months, which is a significant advantage for those who want to finance furniture purchases. However, it’s crucial to note that after the introductory period, the APR jumps to 29.99%, which is relatively high.

One of the major pros of this card is the absence of membership fees, allowing customers to save money right from the start. Additionally, the 0% intro APR on purchases can be a great way to finance furniture without incurring any interest charges. Customers with fair credit can also qualify, making it accessible to a wider range of individuals.

However, it’s worth mentioning that the Rooms To Go Credit Card lacks a rewards program, which means that cardholders won’t earn any points or cash back. Furthermore, the regular APR of 29.99% can be a significant drawback for those who carry a balance beyond the introductory period.

Customer reviews and ratings provide valuable insights into the card’s performance. While many customers have had positive experiences, some have expressed concerns about their credit limits being reduced and issues with the issuer’s customer service. It’s important to consider these factors before applying for the card.

Acceptance and usage of the Rooms To Go Credit Card are widespread, with the card accepted at thousands of retailers across the US. However, it’s essential to note that acceptance may not be universal, and checking with individual merchants is recommended. Instant card use upon approval is also a convenient feature, allowing customers to start shopping immediately. In case of a lost card, reporting it to customer service is crucial to ensure a replacement is issued promptly.

 

FAQ

Can I transfer balances to my Rooms To Go Credit Card?

No, balance transfers are not allowed.

What is the introductory APR for the Rooms To Go Credit Card?

The card offers a 0% intro APR for 50 months.

What is the APR after the introductory period?

After the introductory period, the APR is 29.99%. Yikes.

Are there any membership fees associated with the Rooms To Go Credit Card?

No, there are no membership fees.

Does the Rooms To Go Credit Card offer rewards?

No, there are no rewards offered with this card.

Can I qualify for the Rooms To Go Credit Card with fair credit?

Yes, you can qualify for this card with fair credit.

Are there any limitations on where I can use the Rooms To Go Credit Card?

The card can be used at thousands of retailers across the US, but acceptance is not universal.

Can I start using the Rooms To Go Credit Card immediately after approval?

Yes, users have reported being able to use the card instantly after approval.