The
Harbor Freight Credit Card is a good card to get if you have fair credit or better and you shop at Harbor Freight on a regular basis or you’re planning to purchase a lot of tools soon. It’s worth considering this card because it has a
$0 annual fee, good rewards, and even some financing deals that could save you money.
You can only use this store credit card to make Harbor Freight purchases, but it’s well-suited to the job. You can save 10% on your first purchase and then earn points equivalent to 5% back on all other purchases. Just make sure to steer clear of the
Harbor Freight Credit Card’s high regular APR, and you’ll be happy.
What I Like About the Harbor Freight Credit Card
$0 annual fee
This is standard for a store card but still cheaper than the average credit card offer.
10% off off your first purchase
Some store cards offer as much as 40% off, but this is a very respectable bonus offer. Many store cards don’t offer any initial bonus.
5 points per $1
You get $5 in store credit for every 500 points you earn. That’s the equivalent of 5% back, which is excellent but not unheard of for a store card.
0% APR payment plans
You can get 6 - 36 months to pay off purchases of $299 - $1,799+ in equal installments with no interest. If you pay on schedule, this can be helpful.
Only requires fair credit
If you have a credit score of
640 or higher, you should have good odds of getting approved for the
Harbor Freight Credit Card. You can
check your credit score for free right here on WalletHub.
What I Don’t Like About the Harbor Freight Credit Card
Late fee
If you opt for one of the
Harbor Freight Credit Card’s payment plans and don’t pay off your full balance by the end of the repayment period, a late fee will apply. That late fee could then accrue interest.
31.74% (V) APR
If you carry a balance from month to month with this card, interest will accrue at an annual rate of
31.74% (V). That is far too high of a rate to pay if you can help it. One way to avoid interest charges is to pay the bill in full each month. Alternatively, you could carefully take advantage of the financing promotion or consider a different card.
Unredeemed rewards can expire
If you don’t make any purchases for 24 months, you’ll lose any unredeemed points. The Harbor Freight Money certificates you can get with your points also have expiration dates.
If you’re not sold on the
Harbor Freight Credit Card, check out our picks for the
best credit cards for home improvements and the
best credit cards overall.
Note: This review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.
