The best home improvement credit card is the Capital One Quicksilver Cash Rewards Credit Card because it offers an introductory APR of 0% for 15 months on purchases and gives 1.5% cash back on purchases. Capital One Quicksilver also offers a $200 bonus for spending $500 in the first 3 months. By using this card for home improvements, you’ll have over a year to pay back a costly project and will recoup some of the expense through rewards.
If you’re looking to buy everything in one place, the best home improvement store credit cards are the Lowe's Store Card (5% back on all purchases) and the Home Depot® Credit Card (0% deferred interest for 6-12 months).
If you choose to go with a store-branded home improvement credit card, beware of deferred interest. While it might let you go a long time without paying interest, it’s dangerous. You only owe no interest if you pay in full by the end of the 0% APR period. If you don’t pay in full, you owe all the interest you would have been charged during the intro period if the regular APR had been in place.
Cards like Quicksilver, which have true 0% APRs, only charge interest on any remaining balance after the 0% APR ends.