Bed Bath and Beyond Credit Card Review 2022 USA

By | August 26, 2022

Bed Bath and Beyond Credit Card Review 2022 USA

If you’re wondering if the Bed Bath and Beyond credit card is right for you, read on. This review will give you all the details you need to make the right choice.

The Bed Bath & Beyond® Mastercard® provides both short-term and long-term benefits that both regular customers and one-time big ticket buyers will be able to take advantage of. The card has no annual fee, but the modest sign-up bonus and high APR make this card impractical for use as a primary credit card. Those who expect to make a large purchase from Bed Bath & Beyond in the near future would benefit the most from owning this card.

While the card offers decent earning potential for a retail card, the biggest draw is the 6- and 12-month interest-free financing options for purchases of $250 or more. Whether you’re a new homeowner decorating your first home, a college student decorating your dorms, or you have multiple weddings coming up and are looking for wedding gifts, the Bed Bath & Beyond® Mastercard® provides a lot of practical value. Purchases of $250-$499 will receive 6 months of financing at 0% APR and purchases of $500 or more will receive a total of 12 months of financing at 0% APR.

Bonuses for signing up

New cardholders can start enjoying discounts immediately with $25 off $100 Bed Bath & Beyond just for being approved – no purchase necessary. While most retail cards are most valuable for purchases at a particular retailer, the Bed Bath & Beyond credit card offers a less-than-remarkable incentive to use elsewhere. If you can spend $1000 outside of the store within 6 months, you will receive a $25 gift card. Spend $6,000 during that time and get an additional $75 gift certificate.

Earning and Paying Rewards

The Bed Bath & Beyond® Mastercard® offers 5% cash back on all in-store purchases; 2% earnings on gas and food and 1% on everything else in reward dollars. Once a minimum of $10 in Rewards has been accumulated, those earnings can be exchanged for cash savings at checkout, starting with $10 vouchers called Reward Certificates (Wondering how much you would have to spend to earn enough Rewards? It would take $200 to earn a Reward $10 with Bed Bath & Beyond Mastercard). Rewards dollars expire after five years, but that time frame is so generous that only extremely inactive cardholders risk wasting earnings.

How can you use the Bed Bath & Beyond Mastercard

Those interested in opening a Bed Bath & Beyond credit card for special financing should wait until their checkout total is at least $500. This finance offer is only available once, so add a few items to your cart if needed to take advantage of an additional 6 interest-free months.

If you want to qualify for the sign-up bonus, the ideal way would be to use this card at gas stations and grocery stores – allowing you to cash in on the second most beneficial spending category. If you already have an entry card for one of these reward categories, you’ll probably want to pass on the signup bonus entirely. Due to the below-average usage rate of the Bed Bath & Beyond rewards program, this card is very unattractive for use outside of purchases at this retailer.

Should I apply for a Bed Bath & Beyond Mastercard?

The Bed Bath & Beyond credit card will give you a modest 5% return, which will earn you the occasional voucher for discounts at checkout. You’ll need to spend $200 for the $10 minimum reward, which is a pretty poor return even by retail card standards, so frequent shoppers will get the most value. Still, if you love shopping for the latest home tech, appliances, or decor, you shouldn’t have a problem meeting this minimum.

If you frequent Bed Bath & Beyond but want the flexibility of cash rewards, check out the Bank of America® Cash Rewards Credit Card from Bank of America. Bed Bath & Beyond is categorized as a home improvement store, which is one of the cards with 3% cash back

Key Takeaway

  1. 0% APR on new purchases. New cardholders will receive an introductory rate of 0% APR on new purchases for up to 12 months.
  2. Bonus for signing up. It offers a signup bonus of $25 if you spend $100.
  3. Competitive APR. The Bed Bath and Beyond Mastercard has a variable purchase APR that ranges from 15.49% to 25.49%.
  4. No annual fee*. It gives you rewards for your purchases, but you don’t have to pay an annual fee for the privilege.
  5. 5% balance transfer fee. The Bed Bath and Beyond Mastercard charges a 5% balance transfer fee. For example, a $1,000 balance might cost $50 in transfer fees. The minimum fee is $10.
  6. Charges fees for foreign transactions. Don’t use this card when traveling abroad because it charges a 3% fee every time you make a transaction outside the US.
  7. Fair or better credit is required. You’ll have a good chance of getting approved

if your credit score is above 650.At the first sight

Home is where the heart is, and the Bed Bath & Beyond® Mastercard® is a handy retail card that provides both cash rewards and special financing options for those looking to decorate and decorate their space. Cardholders can enjoy special interest-free financing for up to 12 months, a sign-up bonus of up to $100 and 5% back on Bed Bath & Beyond purchases.

Pros

  1. Potentially lower than average purchase APR.
  2. 0% APR on new purchases for the first 12 months.
  3. No annual fee.
  4. Cardholders can earn rewards on purchases wherever the Bed Bath and
  5. Beyond Mastercard is accepted.

Cons

  1. Potentially lower than average purchase APR.
  2. 0% APR on new purchases for the first 12 months.
  3. No annual fee.
  4. Cardholders can earn rewards on purchases wherever the Bed Bath and Beyond Mastercard is accepted.

FAQ

Does the Bed Bath and Beyond credit card have a sign-up bonus?

Yes, it offers cardholders a sign-up bonus of up to $25 after spending $100.

Does the Bed Bath and Beyond Credit Card offer an annual loyalty bonus?

This card does not offer a cash loyalty bonus

What are the applicable APRs for the Bed Bath and Beyond Credit Card?

This is a payment card, so regular APR and interest charges do not apply to it.

Does the Bed Bath and Beyond credit card have a foreign transaction fee?

The Bed Bath and Beyond Credit Card charges a 3% foreign transaction fee. For example, if you spend $2,000 on a week’s vacation abroad, you’ll pay a $60 foreign transaction fee. If you’re traveling internationally, you may want to leave this card at home and apply for a card that doesn’t charge foreign transaction fees.

What is the Bed Bath and Beyond credit card support contact email?

The Bed Bath and Beyond credit card support contact email is [email protected]

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