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.
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 - 24 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.
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