10 Benefits of Having a Crate and Barrel Credit Card

Crate and Barrel is a chain of stores that sells house ware, furniture, as well as other items for the home. Like a lot of retailers out there, it has a credit card, which might be interesting to those who spent a lot of time looking through its product selection. Here are 10 benefits of having a Crate and Barrel credit card:

1. Convenience

Credit cards are a much more convenient means of making a payment than cash. This is particularly true when someone is planning to make a big purchase because that carrying that much cash can be a serious inconvenience. Something that is very relevant to Crate and Barrel customers because of the nature of their purchases.

2. Security

On top of their convenience, credit cards are more secure than cash as well. After all, there are a lot of people out there who are concerned about unscrupulous individuals misusing their credit cards, so it should come as no surprise to learn that credit card issuers have come up with a wide range of ways to combat such issues.

3. Ready Source of Funds

Unlike loans, people don’t need to consult a lender whenever they need to make use of a credit card. Instead, they can spend up to the limit on their credit card at a time as well as a place of their choosing, which can be a huge convenience when people are short on time.

4. No Annual Fee

Cost-wise, the Crate and Barrel credit card is not particularly great because it has a high interest rate. However, since it has no annual fee, this means that its user don’t need to make use of it on a constant basis so as to make its annual fee worthwhile. Something that can be a serious concern when it comes to other rewards credit cards, which tend to have higher fees for the purpose of funding their rewards.

5. Credit-Building

Of course, since the Crate and Barrel credit card is a credit card, this means that its use is considered when calculating the user’s credit score. This is critical because a person’s credit score is the single most important measurement of their creditworthiness, meaning that it has a huge effect on the financial products and services that are available to them.

6. Crate and Barrel Credit Card Rewards

A lot of retailer-issued credit cards have rewards programs, with the Crate and Barrel credit card being no exception to this rule. In short, its user can expect 10 percent back in reward dollars. For example, if someone spends $200 using the Crate and Barrel credit card, they can expect $20’s worth of rewards for their spending.

7. Special Financing

With that said, it is interesting to note that the Crate and Barrel credit card offers special financing on for six months on some purchases as well. For those who are curious, someone who makes a purchase of $999 or more from Crate and Barrel can choose between rewards and special financing, though they should be aware that the special financial is still subject to an evaluation of their creditworthiness.

8. Exclusive Offers

It is not uncommon for retailer-issued credit cards to come with exclusive offers. Once again, the Crate and Barrel credit card is no exception to this rule. Moreover, paying attention to these exclusive offers can be pretty important for people who want to maximize their savings when it comes to said retailer’s product selection, particularly since some of them can be pretty expensive.

9. Exclusive Events

Likewise, people who sign up for the Crate and Barrel credit card can expect the chance to participate in exclusive events, which are not available to non-members.

10. Suitability For Crate and Barrel Shoppers

Summed up, the Crate and Barrel credit card is perfect for people who make frequent purchases from said retailer. However, it is interesting in that it is not limited to being used at said retailer, meaning that it is somewhat more versatile than its primary purpose would suggest. With that said, since the Crate and Barrel credit card has such a high interest rate, interested individuals will want to be careful about how they use it lest they end up paying large amounts of interest on their outstanding credit card debt.