Review: Tractor Supply Credit Cards

tractor-supply-credit-cardTractor Supply Co. offers a consumer credit card and business credit card, certainly one of which (the buyer card) means that you can finance giant purchases at decreased rates of interest — however watch out. Our overview / evaluate of the Tractor Supply bank cards is beneath:

Tractor Supply bank cards are issued in partnership with Citibank, however they’re just for use at Tractor Supply Co. We usually aren’t followers of bank cards that may solely be used at a single retailer — it’s not value opening a brand new credit score line except there’s a very compelling provide behind it.

So far as the Tractor Supply Private Credit Card is anxious, that purpose can be the particular financing and potential reductions it presents:

  • Final we appeared, the cardboard was providing a 0% rate of interest for 12 months on purchases over $399, or 0% for six months on purchases of $199 or extra.
  • For even bigger purchases, you can get a 3.99% APR for 36 months on purchases of $1299 or extra, or for 48 months on purchases of $6999 or extra.
  • For purchases over $1299 made with the cardboard, you can too forgo the particular financing and as an alternative take a 5% low cost on your complete buy.

There’s a large catch to the 0%-interest presents which that you must perceive: you need to utterly repay the acquisition inside the timeframe of the settlement or you’re going to get charged the entire curiosity that may’ve accrued for the reason that day you made the acquisition — as if the 0% provide had by no means existed! And that curiosity will likely be charged on the card’s “common” rate of interest of 27.99%!

The Tractor Supply Enterprise Credit Card, alternatively, doesn’t provide particular financing, and it has an rate of interest of 22.16%, so we will’t see a superb purpose to need this — use your decrease curiosity business credit card as an alternative.

After all, it’s as much as you. To use for both Tractor Supply bank card, you’ll find online applications here.