Home Depot Credit Card: 2023 Details And Review

Camino Financial09 Jan 2024
Home Depot Credit Card: 2023 Details And Review
You can use the Home Depot credit card to help you save money on your purchases at the retailer. But there are other benefits, too. In this article, we'll take a look at what's available with the Home Depot credit card for 2022 and see if it's worth signing up for. A Loan Could Be A Better Alternative!

What Is The Home Depot Consumer Credit Card?

It's a store credit card offered by the home improvement retailer. Citibank issues the card.
The card rewards all purchases at Home Depot with extra benefits. Some of them are: extended warranties and insurance coverage.
With this card, you can make purchases at any Home Depot in:
  • the United States
  • Puerto Rico
  • Guam
  • the Virgin Islands
  • Canada
  • Mexico
  • the Bahamas
  • American Samoa
Unfortunately, they do not appear to take international orders through their website. home depot credit card

How Does The Home Depot Credit Card Work?

It's a store-branded card that works similarly to other store credit cards. If you already shop at Home Depot, either for home improvement projects or for business supplies, using this store card will allow you to take advantage of their sales and special offers.
You'll also get discounts on specific products and services offered in stores.
On top of that, cardholders receive hassle-free returns for a year. That is four times longer than you would ordinarily get on the store's purchases. Cardholders may also take advantage of special rotating deals. For example, 10% off a specific brand for a short period or 24-month financing during unique campaigns.

The Home Depot Consumer Credit Card: Everything You Need To Know

Credit Card Fees And Rates

The Home Depot Consumer Credit Card offers a 6 -month promotional period with a deferred interest offer of 0%. After that, the variable APR ranges between 17.99% and 26.99%. The average APR is 18.26%, which is on par with most store credit cards. There is no annual fee for this card, making it even better if you're already making frequent purchases at Home Depot. The late payment fee can go up to $40, which is quite expensive.
#DidYouKnow If you carry a balance on your account, the rates can add up quickly.

Required Credit Score

The retailer does not disclose its minimum credit score. That said, like most store-branded credit cards, it will require you to have a fair credit score, which is often anywhere above 640.

Home Depot Credit Card Offers

Here are some offers for the Home Depot credit card:

Initial Zero-Interest Rates

On purchases of $299 or more, the Home Depot Consumer Credit Card provides a six-month interest-free period.

Special Rates On Select Products

The Home Depot credit card also offers special rates on eligible store purchases.

For example, you can get a discount on certain appliances if you send them your old ones before purchasing a new one.

Offers are subject to credit approval.

Extended Warranties And Insurance Coverage

These will both come in handy if something goes wrong with your purchase after the return or exchange period, for example, accidental damage or mechanical failure.

Other Offers

As of February 2021, Home Depot also provides customer benefits such as discounts and bill credit for specific purchases.

For example, Home Depot provides free stain and a 5% bill credit on select pergolas and pavilions, up to $500 off, and a 5% statement credit on some sheds and garages.

Home Depot Credit Card Benefits

  • 5% cashback on purchases over $3,000 a year, which can help give you a leg up when saving money
  • Added protection: if your item breaks or malfunctions within two years after purchase, they will fix or replace the product.
  • The opportunity to shop early for select items
  • Special rates on select appliances, flooring, roofing, gutters, lighting fixtures, and more
  • 24/7 customer service if you have any issues or questions about your card

Home Depot Credit Card Application

You can apply for this card online or in-store. Just provide basic information on the website or the application provided at the Customer Service desk of any Home Depot store.
You'll need to provide proof of identity and income level.
The approval shouldn't take too long once you submit all of your documentation.

How To Apply For The Home Depot Credit Card

Here are the steps if you want to apply for the Home Depot Consumer Credit Card:
  1. Visit the Home Depot Card Application page or go to a store and request an application form.
  2. Enter your details and contact information.
  3. Review your application details before submitting them for processing.
  4. Be sure to bring all required documents with you if you're applying in-store, such as a valid photo ID and proof of income or employment status.
  5. Your credit decision will be available within minutes after approval, so act fast if you find yourself approved!

Home Depot Credit Card Payment

You can make payments at a branch, online, by phone, and through the Citibank website or mobile app. As with any line of credit, it's essential to carry only what you can afford to pay off at the end of each billing cycle. And if you're paying interest, then that means that your spending could end up costing even more than expected! Fortunately, the Home Depot Consumer Credit Card allows you to pay off your balance early without having to pay extra fees or penalties as long as there isn't an interest charge associated with your payment. Also, if you need more time to pay off the balance, then there is no penalty for paying late or overpaying as long as you don't go over your credit limit.
You can even set up an automatic bank draft so that you never have to worry about missing a payment again.

Other Important Information

  • Home Depot Credit Card Login: You can update your online account and view your statements on their website. You also have the option to check your application status through the Home Depot Credit Card Application online service.
  • Home Depot Credit Card Phone Number: You can contact them at 1-800-677-0232.
  • Home Depot Credit Card Customer Service:  You can also contact their customer service department with any questions you have about your account or any credit card-related issues.
Why not apply for a loan?
Here's a list of the best credit cards to build credit

Pros And Cons

The Home Depot Consumer Credit Card has many advantages, but it's also essential to consider the disadvantages.


  • No annual fee
  • It takes only a few minutes to apply (and it's relatively easy)
  • It will help you save money on your home improvement projects with benefits including no interest if paid in full within 12 months
  • You can receive valuable, exclusive benefits such as an easy way to pay off your balance online or by phone
  • 24-hour access to customer service phone lines


  • This card does not offer any special incentives or rewards like some other store-branded credit cards
  • It doesn't allow for balance transfers
  • It has a relatively high APR compared with similar store cards
  • There's a higher-than-average late payment fee
  • You can only use the card in-store
  • The deferred interest offer can end up being too expensive

Other Home Depot Cards

Home Depot Project Loan Credit Card

This card is a good choice for people who want to carry a balance from month to month, but it doesn't offer any rewards or incentives as some other cards do. However, it does have an 18-month 0% intro APR on purchases and balance transfers.

Home Depot Business Credit Card

This is an excellent option if you need a credit card for your construction business and usually shop at the Home Depot for home improvement supplies. You can earn 5% back in credit card rewards on purchases at any Home Depot location or online. Also, you'll receive 3% back in rewards for every dollar spent on gas, office supply, and restaurants (up to $250 per quarter). Finally, this card also has no annual fee for you to worry about.

Home Depot Business Pro Xtra Credit Card

This card is also a good option if you have a business and you shop at Home Depot often or are working on a large project may benefit from this program. It comes with some great benefits, including no annual fee. In addition, paint reductions begin at 10% after $2,000 in paint purchases, with reduced prices on orders above $1,500.
#CaminoTip If you don't like buying at Home Depot, another alternative is the Lowe's Advantage Card.

Should You Get The Home Depot Credit Card?

Overall, the benefits of having a Home Depot Consumer Credit Card certainly outweigh any potential drawbacks. Especially if you're going to shop at one of their locations regularly. But know that you will have a credit limit you can't go over, like with any credit card. Plus, it's always advised never to use more than 30% of the limit to keep a good credit utilization.
If you need more money than that, personal loans might be a way better option.

Get The Right Kind Of Financing

The Home Depot Consumer Credit Card is an excellent option for anyone who shops at this retail location. But credit cards are not always the right answer. Maybe you need to receive actual cash instead of a plastic card.
If that’s your situation, why not apply for a loan with Camino Financial?
At Camino Financial, we have minimal requirements and an online process. We're here to walk you through the lending process and answer any questions along the way so that you know exactly what to expect before, during, and after you apply. Once approved for one of our loans, you'll be able to use the capital straight away. So apply now to reap the benefits of our services. Apply now!


Does Home Depot offer a credit card?

Yes. Home Depot actually offers several types of credit cards:
  • Consumer Credit Card
  • Project Loan Credit Card
  • Business Credit Card
  • Business Pro Xtra Credit Card

Is the Home Depot card worth it?

Most people who have a Home Depot Credit Card say that it's worth having. However, keep in mind that the APR is very high compared to other store cards.

Is it hard to get a Home Depot credit card?

Getting a Home Depot Credit Card isn't difficult. However, the approval process depends on your ability to repay any debt you take on and your credit score and history.

Does Home Depot have a rewards card?

Home Depot doesn't currently offer a rewards card. If ongoing rewards, like points and cashback, sound like something that would interest you, consider many other similar cards available instead (such as the Pro Xtra card).

How do I get a Home Depot card?

The easiest way to get a Home Depot Credit Card is to apply in person or online. You can also contact their Customer Service Department with any further questions that you may have about the application process or your Home Depot account in general.

Prequalify in
5 minutes

Select your desired loan type.

Latest Articles

Prequalify in 5 minutes

  • Stay connected

    Join a community of over 40,000 micro-entrepreneurs for access to informative resources, helpful tips, and best practices on growing your business

  • Mission-driven company

    Camino Financial is a nationally certified Community Development Financial Institution (CDFI) with oversight by the U.S. Department of Treasury. By partnering with other mission-aligned organizations, Camino Financial is able to pool and distribute low-cost funding and educational resources to underbanked minority-owned businesses. Camino Financial is headquartered in Los Angeles, California with supporting offices in Mexico City, Mexico.

© 2024 by Camino Financial, Inc. All Rights Reserved. Camino Financial is a Licensed Finance Lender & Broker in California under its subsidiary Salas & Company LLC.
Camino Financial Better Business Bureau A+ accredited businessCloudflare

11501 Sunset Hills Rd, Reston, VA 20190 | info@caminofinancial.com| Tel (800) 852-0655

NMLS License: Salas & Company LLC #2186459 | CFL License: Salas & Company LLC (DBA Camino Financial) #60DBO-43053

CDFI Certification Number: 181CE054231