Can I use my Home Depot Credit Card to buy gift cards?

The Home Depot® Credit Card is worth it if you're looking to undertake a big home project. It comes with a $0 annual fee and offers 0% interest for new purchases. That means that you can save money on interest for any new purchase you get.

On the flip side, this card can only be used at Home Depot, and has an above-average APR of 17.99% - 26.99%, based on your creditworthiness. So it’s not ideal for everyday use.… read full answer

Also note that the Home Depot® Credit Card has a deferred interest payment plan. What that means is that if you buy something with 0% interest for 6 months, you can't miss a single payment. If you do, interest will be retroactively applied for the original purchase amount, as if there was no intro APR at all.

A credit score of 640 or higher is needed for a Home Depot® Credit Card; this means that you need to have a fair credit score to get it. That’s the case for both the Home Depot® Credit Card and the Home Depot® Business Credit Card. Both Home Depot credit cards are store cards, meaning they can be used only at Home Depot. Their 640+ credit score requirement is consistent with that of other store credit cards.… read full answer

Just having the credit score needed for a Home Depot card doesn’t guarantee approval. Other factors taken into account include income, employment status, payment history, debt level and more. All Home Depot credit cards are issued by Citibank.

Here are the requirements to get a Home Depot card:

• Credit score requirement: Minimum 640-699 credit score (fair credit).
• Age requirement: Must be at least 18 years old. If under 21 years old, must have proof of independent income or a co-signer.
• Residency requirement: Must be a U.S resident. Address must be a physical location in one of the 50 U.S. states or Washington D.C. No P.O. box addresses will be accepted.
• Basic application info: Includes full name, address, phone number, Social Security number and birthdate.
• Application financial info: Includes monthly rent or mortgage payment, residence status (own/rent) and total annual net income (annual income after taxes).

If you get approved for any Home Depot card, you will receive a credit limit of at least $300.

Just bear in mind that the credit score needed for a Home Depot card could also get you a number of good credit cards that can be used anywhere. For example, the Capital One QuicksilverOne Cash Rewards Credit Card offers 1.5% cash back on all purchases, but comes with a $39 annual fee. For business owners, Capital One® Spark® Classic for Business gives 1% cash back on all purchases and has a $0 annual fee.