One of the best Home Depot credit card promotions is $100 off a single-receipt purchase of $1,000 or more in your first 30 days with the Home Depot Consumer Credit Card. You’ll also receive 0% deferred interest for 6 months on purchases of at least $299. If you pay the purchases off by the end of the intro period, you pay no interest. Otherwise, you owe all the interest you would have paid, at an APR of 17.99% - 26.99%.
If you’re a business owner, the best Home Depot credit card offer is 60 days of no interest on all purchases with the Home Depot Commercial Revolving Charge Card or the Commercial Account, which is basically a 2-month free loan. You still have to make minimum monthly payments during the 60-day zero interest period, though. With either Home Depot Commercial card, you’ll also save $100 on your first qualifying purchase of $1,000 or more within 30 days of having the card. On top of that, you get a 1-year return period for your purchases.
The last type of Home Depot offer doesn’t come from a credit card. It’s Home Depot’s Project Loan, which offers up to $55,000 with a fixed APR and payoff period that depends on your creditworthiness. The deal gives you 6 months to make purchases for your project. Then, you have anywhere from 66 to 114 months to pay it off, with an APR from 7.42% to 19.96%.
Current Home Depot credit card promotions:
- $25-$100 discount on a purchase of $25-$1,000+ in first 30 days: Home Depot Consumer Credit Card, Home Depot Commercial Credit Cards
- 0% deferred interest for 6 months on purchases of $299 or more: Home Depot Consumer Credit Card
- 7.42%-19.96% APR for 66-114 months: Home Depot Project Loan
- No annual fee: All Home Depot credit cards
- No interest for 60 days on all purchases: Home Depot Commercial Credit Cards
- 1 year to return purchases: Home Depot Commercial Credit Cards
- Free Home Depot Pro Xtra membership: Home Depot Commercial Credit Cards
If you go for the consumer card, you should definitely be wary of the deferred interest offer. It may seem great at first, but if you’re not able to pay your full balance, you’ll owe a mountain of interest. If you’re looking to finance, consider a 0% APR credit card not associated with a particular retailer.