No, the Fingerhut Credit Card credit card does not have a 0% APR intro period for new purchases. If you’re planning on making a large upcoming purchase and you don’t anticipate paying off the balance for a few months, the Fingerhut Credit Card credit card is not a great credit card to use.
Alternatively, you can check out the best 0% APR credit cards of 2022, selected by WalletHub’s editors from 1,500+ offers. Just keep in mind that many cards with a 0% APR intro period for new purchases require good or excellent credit for approval. You can check your credit score for free on WalletHub to gauge your odds.
The Fingerhut Credit Card credit limit is usually around $300 to start, according to forum posts, and some cardholders report limits as high as $3,500. WebBank does not include any specific Fingerhut Credit Card credit limit information in the card’s terms, though.
For the most part, Fingerhut Credit Card credit limits depend on each applicant’s overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.… read full answer
That said, the Fingerhut Credit Card credit limit that you start with isn’t necessarily your credit line forever. You can ask to get a credit limit increase by calling the WebBank customer service number on the back of your card, but it’s best not to do that more than once a year. WebBank will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases with WebBank.
Fingerhut will report to the credit bureaus on a monthly basis, however it might take a bit longer for a new credit card to show up on your credit report and actually improve your credit score. Somewhere around 60 days. So use your card responsibly and good luck rebuilding!
Yes, the Fingerhut Credit Card will do a hard pull. You can apply for it with no credit though. It has a lower credit-score requirement than most store cards, so you may be able to qualify with bad credit if you have a steady income and not too much debt.
There is no way to get pre-approved for the Fingerhut Credit Card. A hard pull usually causes an applicant's credit score to drop by 5-10 points. Most people’s scores bounce back within 3-6 months with responsible credit management, but it can take up to 12 months. You can learn more about how to minimize the credit score damage here.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.