The Home Depot® Credit Card

With low monthly payments and no annual fee, The Home Depot Consumer Credit Card is a great financial tool to get you started on your home improvement projects. Flexible payment plans and special deferred payment promotions make it even better.

  • 6 month everyday financing available* on purchases of $299 or more
  • 12 Months Financing on Installed Heating & Air Conditioning Purchases
  • 12 Months Financing* on Appliances
  • Up to 18 Months Financing* on Installed Bath Purchases
  • 10% Off or 12 Months Financing* on Installed Fencing Purchases
Credit Target Type Annual Fee BT Intro APR Purchase Intro APR Regular APR Rewards
Fair Credit Personal $0* N/A* N/A* 17.99%* - 26.99%* None


The Home Depot® Credit Card Quick Summary:
This Store offer is issued by Citibank. This card is intended for consumers, or "personal use" with a fair credit history. Rates may vary among applicants, however the lowest standard APR is 17.99%* and may be as high as 26.99%* (Variable)*, depending on your credit worthiness*.

Important Rates:
There is not an introductory APR for this card, so the lowest or standard rate may apply immediately or after the grace period for eligible purchases. There is no annual fee for this card.*

Rewards:
This is not a rewards card. It is normal for cards for fair and poor credit histories to not offer rewards.

Credit Record Needed:
Based on the FICO score recommendation, applicants should have a recently clean credit record, with no recent negative marks on their report. However the card issuer may expect limited discrepancies. A FICO credit score of 645 is recommended for a higher chance of approval, but this is not required. There are a number of other factors that this issuer may also consider when making decisions for approval. While your FICO score is usually a very important factor, you may want to consider other areas that may affect a decision for approval. For example, your debt to income ratio, recent credit inquiries, 30+ day delinquencies, or current credit accounts nearing the maximum amount may affect a credit decision.

FICO scores/credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, a credit score alone does not guarantee or imply approval for any Citibank product.

Other Basics:
The grace period listed for The Home Depot® Credit Card is at least 25 days*. So interest charges will not be applied for new purchases during this time if balance is paid in full by the due date.

This is a store or retail card, not a traditional credit card. Acceptance of this card is normally bound to the merchandiser or select partners.

Our Editor's Commentary:
The promotional period is good if you know how to be responsible with the The Home Depot® Credit Card. If you pay off your balance, and avoid interest charges, this card may be worth it. On the downside, regular APRs can cost you, and so can a lack of rewards. Alternatives include cash rewards cards with no annual fee, with the brand of Visa or Mastercard. Otherwise, you can only use this card at Home Depot.

Approval Rate:
There were 8 people that reported their status to us after they applied. They provided us with helpful qualification information, including their credit scores, the rates offered to them, household income and more. 63% of those applicants were approved.

This card has a poor approval or acceptance rate. This could be due to the fact that applicants changed their decision after wanting a traditional credit card such as a Visa, Mastercard, Discover Card or American Express card. Furthermore, if your FICO score is close to or higher than 645, then your chance of approval may be even greater.

Approval Time:
Approval time for this offer is not listed. You should expect a final credit decision within a couple of weeks, but normally much sooner.

Community Opinion:
Based on community reviews, we found that 80% of 15 users recommend this card.

It's fast and easy to compare card offers by the criteria you require. That way you get the best card for your needs. Find more credit cards.