Pep Boys Credit Card

Pep Boys Credit Card Review

This is a store card issued by Synchrony Bank. If you're wondering whether Pep Boys credit card is the right card for you, read on.

Key Takeaways

• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 29.99%
• No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
• Fair or better credit required. You will have good approval odds if your credit score is above 650.

Pros & Cons of Pep Boys credit card

The Good	The Bad
Exclusive cardholder promotional financing offers. Can be used for Gas Stations Nationwide (Gas station purchases are not eligible for promotional financing.) 0% APR on new purchases during the first 12 months. There is then a variable purchase APR of 29.99%. No annual fee. Pep Boys Credit Card reports to multiple credit bureaus.	High interest rates. Higher than average purchase APRs. Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase.

Pep Boys credit card FAQ

Does Pep Boys credit card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Pep Boys credit card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Pep Boys credit card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has higher than average regular APRs.

Pep Boys Credit Card has a variable purchase APR of 29.99%.

What are the fees for Pep Boys credit card?

The following fees apply:

Pep Boys Credit Card Fees

Description
No Annual Fee?
Annual Fee	$0
Minimum Interest Charge	$2
No Interest Grace Period for Late Payment	23 days
Returned Payment Fee	$28
Late Fee Amount	Up to $39

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost card.

Does Pep Boys Credit Card report your account activity to credit bureaus?

Yes, Pep Boys Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

How to apply for Pep Boys credit card

• Visit the Pep Boys credit card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.