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Review of the Gardner-White Credit Card

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Living in Michigan, you’re probably familiar with the Gardner-White furniture shop and might even have sung along to the commercial as a kid. And now that you’re looking to buy some furniture, you think to yourself “Why not sign up for the Gardner-White Credit Card? It’s got a whole bunch of offers.”

Gardner-White.com has its homepage loaded with promotional offers and financing deals that are hard to say no to. But is the Gardner-White Credit Card really worth signing up for? Do they actually give you 5 years to pay the debt off or is there a catch? Read on ahead to find out.

Gardner-White Credit Card: Promotional Offers

Gardner-White promotes interest-free payment for 5 years with no down payment or taxes. This offer has several catches to it. It all depends on how much money you initially spend on your credit card. You will be eligible for the one, two or three year no-interest offer.

Interest free offers on store cards aren’t the same as those offered by MasterCard or Visa. Interest free is read deferred interest in the case of store cards like the Gardner-White Credit Card. Deferred interest basically means that the store will charge you interest on all purchases made since you signed up for the card if you are unable to pay off the debt in the given time.

This shouldn’t come as a surprise to most as almost all furniture stores set similar terms and conditions and Gardner-White is no exception.

Gardner-White Credit Card: Interest Rates: Qualifying

It is relatively easy to qualify for the Gardner-White Credit Card, as is with most store cards. And if you have a poor credit score then they will offer you different financing offers without credit check. The Gardner-White Credit Card is issued by Comenity Bank.

Gardner-White Credit Card: Interest Rates

Like all store cards, Gardner-White charges a high-interest rate at 28.99% on all purchases. If you do not pay on time then you fall under the penalty APR which is set at 29.99%. With these sky-high interest rates, it’s always best to be sure that you will be able to pay the outstanding balance off in time before signing on the dotted line.

Gardner-White Credit Card: Limitations

The Gardner-White Credit Card can only be used at their furniture store. This limited use makes it difficult for customers to decide whether they should sign up for it or not. We suggest that if you’re interested in redecorating your house or are buying furniture for the first time, then it’s a pretty good deal.

Some of the Gardner-White stores in the Michigan area also have electronics on stock. Electronics are not applicable under the interest free offers and you can only charge furniture items to your credit card if you want to be eligible for the 0% APR.

The Gardner-White Credit Card isn’t the best option to go for if you want to buy furniture from their shop. If you qualify for a better credit card that offers real 0% APR (not deferred interest) then that should be your first pick.

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