Fingerhut Credit Account

You can’t request a Fingerhut credit increase, unfortunately. But Fingerhut may give you one if you consistently pay your bills on time and improve your credit status. Fingerhut will keep tabs on your payment status and overall credit standing and may increase your spending limit if you manage your current financial obligations responsibly. If you’re granted a Fingerhut credit increase, you’ll be notified through mail and/or email. 

Although you can’t just ask for a higher limit, there are a few steps you can take to improve your chances of receiving a Fingerhut credit increase. We’ll highlight them below.

Here’s how to get a Fingerhut credit increase:

• Always pay on time. This is the most important element. Consistent on-time payments are the key to getting more buying power and improving your credit score. And late payments will immediately disqualify you from an increase.
• Pay more than the minimum. If you make more than the minimum required payment on your FingerhHut Credit Account each month, you’ll not only improve your chances of a limit increase, but you’ll pay less interest as well.
• Rebuild your credit. This includes lots of activities, like paying down any debts you have, only using around 30% of any other credit lines and saving money for emergency use so you don’t fall any further behind. You can also sign up for a free WalletHub account to get access to a personalized credit analysis, which will tell you what to fix and how long it will take.

If Fingerhut decides to increase your credit limit, they will send you an email, mail you a letter or both. You should have increased buying power right away. It’s also worth mentioning that some users report being offered a temporary credit increase that becomes permanent if you make a big purchase. But there’s nothing about that on the Fingerhut website.

Finally, if you qualify for a higher limit with Fingerhut, you might also be able to get a card with better terms that you can use anywhere, rather than at a single retailer. Just keep that in mind.

There are no other places like Fingerhut for bad credit. The Fingerhut Credit Account is an online store credit card marketed to people with bad credit. You can only use it for Fingerhut purchases, but it is one of the easiest store cards to get. By comparison, you’ll need at least fair credit to qualify for a store credit card from most retailers, including Amazon, Target and Walmart. And the Montgomery Ward card accepts people with bad credit but won’t help you build credit because it does not report to the credit bureaus.

While there aren’t any other places like Fingerhut for bad credit, there are even better options. Several credit cards are co-branded with a merchant but usable anywhere, and they’re just about as easy to get as the Fingerhut card. For example, the Aeromexico Secured Card offers a $99 Companion Certificate each year when you pay the $25 annual fee. It also gives 2 miles per $1 spent on gas and grocery store purchases and 1 mile per $1 spent on all other purchases. There is a $300 minimum security deposit ($5,000 maximum) required to open the account.

There’s also a co-branded unsecured card for bad credit, the Official NASCAR Credit Card. It offers 2% cash back on purchases at NASCAR.com and 1% on all other purchases. The annual fee is from $0 to $75 for the first year, and up to $99 every year after that.

Fingerhut Credit Account’s approval requirements aren’t public – at least not the specifics. You’ll need to meet all the general standards, like being at least 18 years old with a U.S. mailing address, SSN, and the ability to pay. But this much is clear: The Fingerhut Credit Account is one of the easiest “credit cards” to get approved for, and it can help you improve your credit standing if used responsibly. You even have good odds of getting it if you’ve made mistakes in the past, as Fingerhut accepts applicants who have bad credit. “Even if you have been turned down for credit, give us a try,” Fingerhut Credit’s webpage reads. “We can often say Yes! when others say no.”

So you don’t need any particular score to get the Fingerhut Credit Account. There are a few situations where Fingerhut will have to say no, though. Being in the middle of bankruptcy is one. But there are more.

Here are the Fingerhut Credit approval requirements:

• 18+ years old
• United States mailing address
• Social Security number (SSN)
• Enough income or assets to afford monthly payments
• No active bankruptcy
• Not a member of a consumer credit counseling service
• No past-due minimum payments while in the Fingerhut FreshStart program
• No foreclosure, tax liens or other derogatory marks on your credit

As long as you avoid the negatives, you should have a good chance of Fingerhut Credit approval. And the best part about the process is if you’re not qualified for the card, Fingerhut might instead enroll you in their FreshStart program.

With this program, you’ll be able to make a Fingerhut purchase between $50 and the spending limit they give you. You must make a down payment of at least $50 toward the balance, and then pay off the rest in the time limit they specify after (usually a few months). After you finish paying the balance off, as long as you weren’t late with any payments, you’ll graduate to the regular Fingerhut Credit Account. The FreshStart program doesn’t report to the credit bureaus, but the regular account you’ll get afterward does.

So a Fingerhut credit account is easy to get approved for and it’ll help you rebuild your credit. And to top it off, there’s no annual fee. But the only issue is that you can only use the card for Fingerhut purchases. If you’re looking for a card you can use anywhere, a good option might be the OpenSky® Secured Visa® Credit Card, because it doesn’t even do a credit check. 

And if you’d like to get more information about your credit standing before you apply, you can check your latest credit score for free on WalletHub, the only website where credit scores and reports update daily.

I love fingerhut! Credit and their merchandise.

Your Fingerhut credit card limit will depend on your creditworthiness, income and debt.

I started my account 3 and 1/2 years ago and moved on to the next step.

My credit limit was like $300 and now it's $3,000. If you make purchases and then make your payments on time, you're on the right track.

You should be able to get your Fingerhut credit card within two weeks from approval. If it's any longer than that, give them a call.

You cannot get a Fingerhut credit cash advance. They simply don't allow it.

Anyway, credit card cash advances are extremely expensive. If you absolutely need a cash advance, you can look up lenders online, but even those tend to have predatory rates. I'd go to a reputable bank and ask about a loan. That seems the smartest.

Fingerhut credit was designed to be used for Fingerhut merchandise which accounts for more than 450,000 products, including the brand names like Samsung, Dyson, Skechers and KitchenAid. You'll find electronics, jewelry, shoes, furniture and decor items. However, an additional feature of the Fingerhut credit accounts is the chance to use spending power outside of Fingerhut’s catalog and website.
Among the select partners that honor Fingerhut credit accounts are florists and insurance companies. These partnerships change, and Fingerhut will notify you of your eligibility to participate once your credit application is accepted.