Wayfair Credit Card: How to Save the Most on Your Furniture Purchases


Imagine the Wayfair* Credit Card is a Wayfair loyalty program in the form of a credit card. You earn rewards when you buy any Wayfair brand – Wayfair, Joss & Main, AllModern, Birch Lane and Perigold – which can then be applied to future Wayfair purchases. Other features like interest-free financing and additional reward options are also appealing, but the real draw is the 5% back on Wayfair Rewards.

The card is not very useful for a one-time purchase from Wayfair, as your earned rewards can only be applied to future Wayfair purchases. But if you shop regularly or even occasionally at Wayfair or its affiliated brands, it can offer value, especially since it has no annual fee. In practical terms, if you buy a Wayfair brand three times a year and spend $200 on each order, you could save $20-30 a year. Alternatively, if you want more time to pay off something you’re considering, you have the option to choose 0% financing for 6-24 months on your qualifying purchases instead of rewards, which can help you spread out payments without incurring interest. .

There are still other important details to pay attention to, such as the sky-high APR, the $40 “welcome bonus” and a virtually identical card. So read on before submitting your application.

In this article

Introductory offerYou will receive $40 off your first qualifying order if it is at least $250

APR26.99% variable

Recommended credit N / A

Reward rate
  • 5% back in rewards at Wayfair

Annual fees$0

Intro Purchase APRN / A

Foreign transaction fees 3% of the US dollar amount of each purchase

  • 5% back in rewards at Wayfair

Wayfair Credit Card vs. Wayfair Mastercard

When you apply for the Wayfair Credit Card, your application will actually be considered for two different cards: the Wayfair Mastercard®* and the Wayfair Credit Card. These two cards are almost identical, with one exception: the Wayfair Mastercard allows you to earn Wayfair rewards on purchases outside of Wayfair brands. This means you can earn Wayfair Rewards at grocery stores (3%), on qualifying online purchases (2%) and on all other qualifying purchases (1%).

If your main goal is simply to collect rewards for your next furniture purchase, the Wayfair Mastercard might be right for you. However, we do not recommend using the Wayfair Mastercard for everyday grocery store or online purchases, as other credit cards offer better rewards rates that are not exclusive to Wayfair branded purchases.

Earning Wayfair Rewards

The Wayfair Credit Card offers 5% back in rewards at Wayfair retail sites and $40 off your first qualifying order of $250 or more.

For a credit card with no annual fee, 5% is a great rate, but it’s important to remember that these rewards can only be used at Wayfair in the future. Other cash back credit cards Where credit cards with travel rewards are not always limited to specific stores.

The $40 offer is similar to a welcome bonus, but is only available for the very first order you place with your card. In other words, it’s not $40 off any purchase of at least $250 – it’s $40 off your first purchase. only if your first purchase is at least $250excluding taxes, shipping or fees.

Using Wayfair Rewards

The rewards you earn with a Wayfair credit card can only be applied to purchases made on a Wayfair retail site. They cannot be transferred to other programs or redeemed for cash, gift cards or anything else.

To redeem your Wayfair Reward Dollars, simply apply them at checkout when you select your Wayfair credit card as your payment option. You can redeem up to $2,500 in reward dollars each month.

Wayfair Rewards never expire, but you will lose them if you close your Wayfair credit card account.

Choose between rewards and 0% funding

Whenever you use your credit card on a Wayfair retail site, you will also have the option at checkout to choose interest-free financing. instead of earn rewards. If you choose finance, you’ll get 6-24 months interest-free on your balance for that particular purchase, as long as you cover the minimum payment due during that time.

The length of your interest-free period depends on the cost of the purchase.

  • For orders between $200 and $499: 6 months
  • For orders between $500 and $1,499: 12 months
  • For orders between $1,500 and $2,999: 18 months
  • For orders over $2,999: 24 months

This can help you spread out the payments if you need more time to pay them off, but it’s important to settle the balance before the end of this period. If you don’t pay off the full balance at the end of 6-24 months, Wayfair will charge you interest retroactively from the date of purchase (26.99% variable APR), which can quickly add up. It’s unusual and somewhat predatory compared to other 0% APR introductory offerssince these do not charge interest retroactively.

The 0% financing option can be useful if you need to make an urgent purchase and cannot immediately afford it, for example if you have guests coming to stay and you need to buy a new sofa or a new bed. The finance plan allows you to purchase household essentials without interest, as long as you can pay off the entire balance within the promotional period.

Generally speaking, we recommend that you save up for a large item in advance so as not to expose yourself to the risk of interest charges. But if you don’t have that luxury, financing a purchase this way can be helpful.

Comparable cards

Bank of America® Custom Cash Rewards Credit Card

The Bank of America Customized Cash Rewards* credit card earns 3% cash back in the category of your choice – and, if you want to earn rewards on sites like Wayfair, you can select “online shopping” as your category. This map also has a “home improvement/furnishings” category, so if you’re moving into a new abode, this selection could save you money on online and in-person shopping in a wider variety of stores.

We recommend the Customized Cash Rewards Card as one of the best cash rewards cards available. It comes with a welcome bonus offer of $200 cash online after spending $1,000 in purchases within the first 90 days of opening the account, 3% cash back on any category you choose (which you can change monthly), 2% cash back at grocery stores and wholesale clubs (up to $2,500 in combined choice/grocery/wholesale club quarterly purchases, then 1 %), and 1% cash back on all other purchases.

Wells Fargo Active Cash℠ Card

The Wells Fargo Active Cash Card is another good option. It also has no annual fee, comes with a nice welcome bonus, and earns 2% fixed cash rewards on purchases, making it a simple and easy-to-use card. There is also welcome bonus that you can earn with furniture purchases. After spending $1,000 on purchases on the card within the first three months of account ownership, Wells Fargo will credit you with $200 in cash rewards – much better value than Wayfair’s initial $40 back on your first order. eligible for at least $250. 0% Introductory APR is valid for 15 months from account opening on purchases and qualification balance transfers (14.99% to 24.99% variable APR thereafter), and you don’t even have to give up your cash rewards to use it.

U.S. Bank Visa® Platinum Card

If the most appealing part of the Wayfair credit card to you is the 0% APR financing, then the US Bank Visa® Platinum card may be a great alternative. This credit card offers one of the longest 0% introductory APR on purchases of any card with no annual fee, at 20 billing cycles (14.49% to 24.49% variable APR by the continued). While Wayfair’s card technically beats that for purchases of $2,500 or more, the US Bank Visa Platinum offer extends to all of your purchases, not just those of Wayfair. Whichever way you choose to finance your purchases, be sure to keep track of the details so you can make your payments on time and in full.


How do I qualify for a credit card?

The greater the benefits, the more hurdles you will have to jump through to qualify for certain credit cards. Credit cards with attractive rewards programs or cash back require better credit than more basic credit card varieties.

If you have poor or fair credit, you may only qualify for credit cards or secured credit cards. If you have good to excellent credit, you can easily qualify for any credit card you want. But even if you don’t have the right score, you can still work to improve your credit for a better chance of approval.

Is cash back better than reward points?

Although cash back is a more accessible concept, both cash back and reward points have their strengths and weaknesses. While cash back may be more universally applicable, points are often worth more in value than their cash back equivalents. Depending on your shopping preferences and plans, you may find points or cash back more valuable to you.

Our approach

We review the most popular cards with the best benefits. We go through the fine print so there are no surprises when you open an account. We find the key factors that make a card stand out and compare them with other top cards. This way, readers can opt for a different card with similar functionality if our choice doesn’t suit them. Our opinions are regularly checked and updated to incorporate new recommendations, as well as to reflect changes in offers and the market.

*All information about the Wayfair Credit Card, Wayfair Mastercard, and Bank of America Customized Cash Rewards Credit Card has been independently collected by CNET and has not been reviewed by the issuer.

Editorial content on this page is based solely on objective, independent assessments by our editors and is not influenced by advertising or partnerships. It was not supplied or commissioned by a third party. However, we may receive compensation when you click on links to products or services offered by our partners.

Editorial content on this page is based solely on objective, independent assessments by our editors and is not influenced by advertising or partnerships. It was not supplied or commissioned by a third party. However, we may receive compensation when you click on links to products or services offered by our partners.


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