Do you like to buy furniture from Arhaus? If yes, then you might have heard of the Arhaus credit card. This card can be used to pay for furniture at Arhaus and offers some benefits, such as no interest for a certain time or rewards for spending money. But is this card really worth it?
In this article, I am gonna tell you the all about the Arhaus credit card. I will also give you some tips on how to use it.
What is the Arhaus credit card?
The Arhaus credit card can be applied for at Arhaus or online. It is issued by Comenity Bank, which works with many stores to offer credit cards. The Arhaus credit card is not a regular one you can use anywhere.
You can only use a store card at Arhaus or on their website.
What are the drawbacks of the Arhaus credit card?
The Arhaus credit card also has some drawbacks that might make you think twice before getting it. Here are some of them:
- interest rate is high: The Arhaus credit card has a very high-interest rate of about 30%. This is much higher than most credit cards, which have an interest rate of about 16%. This means that if you don’t pay all the money on time, you will have to pay a lot of extra money. For example, if you buy a $3,000 sofa on the 18-month plan and don’t pay it in time, you will have to pay about $1,350 extra. That is almost half of the price of the sofa. So, you must pay on time and never owe money on the card.
- Reward programs are limited: The Arhaus credit card has a very limited rewards program. You can only get rewards on the 6-month plan, not the 12 or 18-month plan. You must also use the rewards in 12 months, or they will go away. And you can only use the rewards in the store, not online. The rewards are also not very flexible: you can only get them in $100 parts. This means you must spend a lot of money and use the rewards fast. You cannot use the rewards for other things, like getting money back or gift cards. So, you might want to look for another card with a better rewards program.
- Limited use: The Arhaus credit card is a store card that you can only use at Arhaus or on their website. You cannot use it anywhere else, like other stores or restaurants. This means that you cannot use it for other things or emergencies. It also means that you cannot improve your credit score with it. Your credit score is a number that shows how well you use credit. It affects your ability to get loans, mortgages, or other credit cards.
How to use the Arhaus credit card wisely?
The Arhaus credit card can be a good card if you use it wisely. Here are some tips on how to use it :
- The Arhaus credit card is a store card that you can use to buy furniture from Arhaus or on their website.
- The card has two benefits: no interest for 6, 12, or 18 months and $100 in rewards for every $1,500 you spend on the 6-month plan.
Is the Arhaus credit card worth it?
The Arhaus credit card is a card that you can use to buy furniture from Arhaus or on their website. It has some good and bad things.
The good thing is that you can buy furniture now and pay later without paying extra money. You can also get money back for buying furniture.
The bad thing is that you have to pay a lot of extra money if you do notpay late. You can only get money back for a short time and in a certain way. You can only use the card at Arhaus or on their website.
So, you have to use the card carefully. You have to pay on time, use the money back quickly, and only buy what you need and can pay for. If you can do that, the Arhaus credit card can be a good card for you. However, if you cannot, you might want to find another card that is better for you.
FAQS
What is the Arhaus credit card?
The Arhaus credit card is a store card that you can use to buy furniture from Arhaus or on their website. It also offers no interest for some time or rewards for spending money.
How can I apply for the Arhaus credit card?
You can apply for the Arhaus credit card at Arhaus or online. You need to be at least 18 years old and have a valid ID, a tax number, and a street address. You also need to have a good credit history.
