Sleep Number Credit Card

Sleep Number Credit Card Review

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

Key Takeaways

• 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.

Pros & Cons of Sleep Number credit card

The Good	The Bad
Up to 48 months of special financing. No annual fee. Sleep Number Credit Card reports to multiple credit bureaus.	If the full balance is not paid within the special financing period, then the card holder will be charged interest retroactively for the full amount of the purchase(s). 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.

Sleep Number credit card FAQ

Does Sleep Number credit card have a cash back or rewards program?

No, it does not offer a rewards program.

What are the Sleep Number credit card benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Sleep Number 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.

Sleep Number Credit Card has a variable purchase APR of 29.99%.

What are the fees for Sleep Number credit card?

The following fees apply:

Sleep Number 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 Sleep Number Credit Card report your account activity to credit bureaus?

Yes, Sleep Number 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 Sleep Number credit card

• Visit the Sleep Number 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.