5 Things to Know About the Rooms to Go Credit Card

There are no ongoing rewards, but you can finance Rooms to Go purchases and pay equal monthly installments with no interest — which can be its own kind of reward.
Sara Rathner
By Sara Rathner 
Edited by Kenley Young

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The Rooms to Go Credit Card is meant for financing purchases at Rooms to Go, a furniture store with locations in 10 states in the South. With the card, you can pay down purchases interest-free for a set period of time, and Rooms to Go offers several repayment time frames.

As with other store cards designed for financing, the Rooms to Go Credit Card, issued by Synchrony Bank, can be used in-store only and isn’t meant for other purchases.

Here are five things to know about the Rooms to Go Credit Card.

1. The card’s sole purpose is financing

The Rooms to Go Credit Card does not earn rewards, but it does allow you to pay off your purchase in monthly installments over a predetermined number of months without interest charges. Outside of any no-interest promotions, the Rooms to Go Credit Card charges an APR of nearly 30% as of this writing.

Currently, you have three options for interest-free financing with this card:

  • 55 months for purchases of $975 or more.

  • 36 months.

  • 24 months.

2. Prequalify without affecting your credit scores

Applying for a new credit card can temporarily lower your credit scores, but some cards, including the Rooms to Go Credit Card, will prequalify you without this consequence. If after that point the card issuer determines that you're indeed eligible for the card and you proceed with the application, then you’ll be subject to a hard credit pull and your credit scores may be affected.

3. It can’t be used for a down payment

For the 55- and 36-month financing options, you must make a down payment equal to sales tax and delivery fees. However, you may not use the Rooms to Go Credit Card to cover the down payment.

(The 24-month financing option doesn’t require a down payment.)

4. You’re required to make equal monthly payments

The no-interest promotions on the Rooms to Go Credit Card are different from the usual deferred-interest plans other store cards offer. With those, you’re charged 0% APR for a set time frame, and if you don’t pay off your total balance by the end, you’ll owe interest on the total amount you originally borrowed.

Rooms to Go’s financing plans split your payments into equal monthly payments by dividing the total cost by the number of months in the promotional period. Payments are rounded up to the nearest whole dollar, so as you get closer to paying your balance down entirely, what you owe each month may actually get lower since the rounding essentially made you “overpay” earlier on.

5. Other pay-over-time options are available

In addition to financing a purchase with the Rooms to Go Credit Card, you can pay over time with Klarna and Affirm, two "buy now, pay later" services that allow you to split your purchase into four interest-free payments.

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