Renovating our home is not an easy task. Since the outbreak of pandemic everyone is bound to be at home. Work from home has become the new norm and this situation may continue as many companies are now planning to follow hybrid work culture.

To make work from home possible we need to have, proper work equipment and comfortable environment at our homes. This led to many people renovate their home to make it a proper workplace.

In fact, a recent study conducted by Harvard proved that home improvements have seen sustainable increase in the year 2020, and is expected to increase in the subsequent years. It shows that a lot of people are now investing their money in home improvement products.  

Sometimes the makeover consumes only a little budget. For example, changing the lights, painting the wall, upgrading our furniture, and swimming pool.

On the other hand, completely changing the kitchen or bedrooms require more money. For all these purposes, The Home Depot offers a variety of home improvement products for their customers.

Almost all retail stores offer credit cards to benefit their loyal customers. The Home Depot has also released credit cards for people who purchase their products in bulk or in moderation. In this article let us see the requirements, types, features and all other details regarding home depot credit card.

Different Types of Credit Cards

The Home Depot has released different credit cards for consumers as well as for companies. There are two credit cards for consumers. One is the Consumer credit card and the other one is Project Loan credit card. For companies or businesses they have Pro xtra credit card and the Commercial Account card.

Consumer Credit Card

The Home Depot Consumer Credit card comes with a lot of perks that are beneficial for people who want basic financing to renovate their homes. This card is issued by Citibank and this consumer credit card has no annual fee.

The Home Depot follows the deferred payment method where you can purchase items above $299 through their credit card and don’t have to pay any interest during the first six months.

The balance has to be paid in full within the time allotted by them. Many people find it highly beneficial because they can make purchases and complete the home renovations.

Some of the other major benefits of the consumer credit cards are:

  • 24 months financing for products during special promotions.
  • Special offers and discounts.
  • Easy 1 year return of the products. If you spend a lot of money in buying some product and not okay with it, you can easily return it. This is 4x longer return period when compared to non-credit card holders.
  • No liability on unauthorized purchases.

Keep checking their website for time limited special offers. Right now they have 12 Months on In-Home Services Purchases of $2,500–$7,499, or 18 Months on Installed Bath Purchases of $7,500. Sometimes, they also give discount $25, $50, or $100 on single purchase of $299 and above.

While ‘no annual fee or no interest for six months’ may seem beneficial, you have to be aware of their deferred interest payment method. If there’s delay in paying the amount, you will be charged the interest rate starting from the day you got the card. It could be an expensive mistake. So ensure to pay the balance on time. Once the payment is done, your card is subject to Annual Percentage Rate (APR) of 17.99% – 26.99%.

The Project Loan Card

Before taking up this credit card facility, it is important to plan a budget for the renovation project. It may help you choose a better option between this card and bank’s loan facilities.

This card is ideal for purchases that go above $55,000. Just like Consumer Credit card, here also there is no annual fee requirement.

Project Loan card is more or less like a fixed personal loan card. You have to pay interests for the loan amount on monthly basis after first six months of purchasing the products. Within the six months, you can purchase all that is essential for your renovation project. You have 114 months to pay back the credit amount depending on the product you purchase.

The APR comes in four tiers. They are:

  • 66 monthly payments at 7.42%
  • 78 monthly payments at 12.86%
  • 90 monthly payments at 16.24%
  • 114 monthly payments at 19.96%

The APR rate for monthly payment is considerably lesser compared to the consumer credit cards. But it would be better if you complete the payment before the specified time. Paying minimum amount every month can become expensive in the long loan period.

Pro xtra card and the Commercial Account Card

Pro xtra card help professionals receive exclusive offers and discounts such as volume pricing, paint rewards, and purchase tracking.

The commercial account card also has high flexible payments. It is more or less like a charge card, where you have to pay the balance in a billing cycle.

Terms and Conditions

  • The APRs vary with the creditworthiness of the card holders.
  • You will be given 25 days as a grace period to make the payment.
  • The late fee is $40.
  • There will be no cashbacks or other rewards apart from the ones mentioned.
  • The card has to be used responsibly.
  • Cannot be transferred to other person.

How to get a Home Depot Card?

You can either apply for this card online or apply for it at their store. If applying online, visit their official website and look for Home Depot Consumer credit card offer.

Choose apply now and proceed with the steps that are instructed there. Once you complete the steps you will notified about the credit limit. At the store, you can approach Special Service desk and ask for the application form. It may take up to 10 days to process and deliver these cards.

Are there any conditions to apply for a card?

Yes, you should be a U.S citizen. Secondly, for consumer credit card, you need to have a fair credit score. But when it comes to applying for Home Project Loan credit card, you need more than fair credit card score.

They will check if you own a house, your income, and the reasons to buy this card. The commercial card also requires a fair credit score. Pro xtra card is hard to get and you need a really good credit score to get the card.

Pros and Cons of Home Depot Cards

Since these are store-specific cards it can only be used at The Home Depot online and offline store.


  • No annual fee.
  • 0% interest for the first six months.
  • Easy to get the consumer credit cards.
  • Special time limited offers.


  • High Annual Percentage Rate.
  • Deferred interest payment could be expensive mistake if there’s a delay in payment.
  • No cashbacks.


The Home Depot credit cards have certain advantages and disadvantages. This card is ideal for those who need financing to complete their house improvement project.

But if you are looking at the APR for consumer credit card, it might be a bit too much. On the whole, The Home Depot credit card may not be highly beneficial except for small renovation projects.

There are other credit cards that offer better interest rates and rewards such as Lowe’s credit card, Capital One Quicksilver cash rewards credit card, and Chase Freedom unlimited card.