Jewelry stores with credit cards include Zales, Tiffany & Co., The Jewelry Exchange, Blue Nile, Helzberg Diamonds, Kay Jewelers, Crown Jewelers, Jared The Galleria of Jewelry, and many more. All those jewelry stores’ credit cards can help shoppers finance large purchases, but the best options are from The Jewelry Exchange and Blue Nile. Both cards offer 0% introductory APRs for purchases of $500 or more—a lot lower than most jewelry store cards set their 0% threshold. Plus, neither card requires a down payment to finance the purchase, which itself is a perk and somewhat outside the norm for these types of cards.
None of these jewelry stores’ credit cards should be considered a great financing option, though. They use deferred interest, which is a common financing trap. If the balance isn’t paid by the end of the low-interest intro period, the store charges the account with interest from the purchase date. If you’re buying an engagement ring, not paying off the balance in full before the end of the promotional APR period can turn into an expensive mistake.
Jewelry store credit cards can be helpful for certain situations. Some, like Crown Jewelers’ store credit card, don’t even require a credit check. And it’s rare to find a jewelry store credit card with an annual fee. As long as you pay off the balance before the intro APR period ends, you’ll get away without paying anything extra.
But like any other store credit card, jewelry store cards can’t be used outside of the store they’re affiliated with. Most jewelry cards don’t have perks beyond the occasional birthday coupon, either. You may be better off getting a department store credit card from a store that sells a variety of items, including jewelry, like Macy’s or JC Penny. Or, consider a regular credit card with either a lot of rewards or a long 0% APR period. Credit cards that you can use anywhere don’t usually have deferred interest.
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