Maria Adams, Credit Cards Moderator
@m_adams
IKEA has two credit cards, the IKEA Credit Card and the IKEA Store Card. The IKEA Credit Card comes with generous rewards and can be used everywhere Visa cards are accepted. On the other hand, the IKEA Store Card offers various financing options, and it can be used exclusively for purchases at IKEA.
A Closer Look at the IKEA Credit Cards
The IKEA Credit Card has a $0 annual fee and a 21.99% APR. Plus, the card comes with the following perks:
- $25 off your first IKEA purchase of $25 or more when you open and use your IKEA Visa credit card the same day.
- $25 IKEA Reward Certificate when you make $500 in qualifying purchases outside of IKEA and TaskRabbit within the first 90 days of account opening.
- 5% back in rewards on IKEA purchases including IKEA installation services and TaskRabbit assembly services.
- 3% back in rewards on dining, grocery and utility purchases.
- 1% back in rewards on all other purchases.
- Get a $15 IKEA® Reward Certificate for every $15 in rewards earned. Reward Certificates are issued in $15 increments with your billing statement.
The IKEA Store Card has a $0 annual fee. The card offers an intro APR of 0% for:
- 6 months with purchase between $500 and $999
- 12 months with purchase of $1,000 and $2,499
- 24 months with minimum purchase of $2,500 or more
After the promotional period ends, the regular purchase APR of 21.99% kicks in.
Keep in mind that you need good credit or better to get the IKEA Credit Card. On the other hand, the IKEA Store Card has more lenient approval requirements, as it requires at least fair credit. You can check your credit score for free on WalletHub to see where you stand.
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