Wayfair Credit Card

Wayfair Credit Card Review

This is a store rewards credit card issued by Comenity Bank. If you're wondering whether Wayfair 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 24 months.
• Signup bonus. Offers a signup bonus of up to $40 if you spend $250.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 29.24%
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• Poor credit accepted. This card will consider people who have bad credit. Even if you have poor credit, you may still have relatively good approval odds.

Pros & Cons of Wayfair credit card

The Good

The Bad

Card can be used, and accumulate points, at Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold. Cash back rewards Lower credit scores often approved. 0% APR on new purchases during the first 24 months. There is then a variable purchase APR of 29.24%. No annual fee. Considers applicants with fair credit. Cardholders can earn rewards on their purchases. Wayfair Credit Card reports to multiple credit bureaus.

When making use of special financing: Interest will be charged to your Account from the purchase date if the promotional plan balance is not paid in full within the promotional period High interest rate Higher than average purchase APRs. Does not include many credit card benefits.

Wayfair credit card FAQ

Does Wayfair credit card have a cash back or rewards program?

Wayfair credit card is a rewards card.

Wayfair credit card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	Starting at $40
Signup Bonus Spend Requirement	$250

What are the relevant APRs for Wayfair 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.

Wayfair Credit Card has a variable purchase APR of 29.24%.

What are the fees for Wayfair credit card?

The following fees apply:

Wayfair credit card Fees

Fees	Amount
Annual Fee	$0
Returned Payment Fee	up to $40
Late Payment Fee	up to $40

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

Does Wayfair Credit Card report your account activity to credit bureaus?

Yes, Wayfair 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 Wayfair credit card

• Visit the Wayfair 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.