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Do you always have your eye on the newest tools and gadgets to help make your home improvement dreams come to life? If so, you certainly know Ace Hardware, the genial local store that has been handy in assisting us with their home decoration.
But did you know Ace Hardware offered its own credit card that can reward you even more for your DIY adventure?
So, in this blog we will walk you through the pros, cons and all the inner workings of the Ace hardware credit card so that you can plan your next home improvement with ease. Our guide will cover everything from the card’s rewards program and financing options to who should consider applying and how to use the card responsibly.
Ace Hardware isn’t just a hardware store. It’s a huge network of locally owned shops that offer expert advice, great products and a unique shopping experience. If you love a DIY, Ace has you covered from tools and hardware to paint, plumbing supplies and outdoor living!
Now, they’re taking it a step further with their credit card to make shopping at their stores and realizing your home improvement dreams even easier and more rewarding.
Ace Hardware Credit Card: Important Highlights
The Ace Hardware credit card is meant to help shoppers buy and earn points at your local Ace Hardware store. Among those benefits are features that can provide savings and rewards, as well homeowner finance assistance.
Here’s a closer look:
1. Card Type
The Ace Hardware credit card is generally a store credit card, meaning it will only be authorized for use at Ace Hardware stores or for purchases on their website. It is also co-branded with Visa, a major credit card network. That will enable you to use it at additional vendors.
This offers a bit of flexibility, but the primary function of the card is to make your shopping at Ace Hardware easier and more rewarding.
2. Reward Program
Ace Hardware credit card will typically offer a reward program that allows you to earn points for each purchase you make.
- Points earned: Most often, you’ll earn points for every dollar you spend at Ace Hardware. You may also earn a reduced rewards rate on purchases at merchants other than the retailer.
- Redemption: Points can generally be redeemed for various rewards like discounts on Ace Hardware for future purchases, merchandise from their catalog, and potentially special events or experiences.
- Bonus Categories and other benefits: Some of its credit cards may earn bonus points or rewards on certain categories, like paint, tools, or outdoor power equipment. They may also provide perks such as special discounts or early access to sales.
3. Financing
The Ace Hardware credit card may also be used as a helpful means of financing larger purchases.
- Deferred interest: You might see an offer for deferred interest with some cards, which lets you make a purchase and not pay any interest for a set period of time — 6 months, for example, or 12. But be careful with how you understand the terms. If you don’t pay off the entire balance during the promotional period, you could be charged interest retroactively.
- Promotional periods: The card may also feature promotional periods in which you can qualify for a reduced or 0% APR on certain purchases. That allows payments on pricier projects or items to be more manageable over time.
4. Other Benefits
In addition to rewards and financing options, the Ace Hardware credit card may also offer other benefits like:
- Exclusive discounts: Some cardholders receive exclusive discounts on certain products or services.
- Early access to sales: You may receive early access to sales and promotions over the general public.
- Birthday perks: As a card user, you could get a special birthday deal or discount.
In general, the Ace Hardware credit card is very useful for frequent Ace Hardware shoppers. Its rewards program and financing options make it a great tool for home improvement enthusiasts and frequent Ace Hardware shoppers.
Who Is The Ace Hardware Credit Card For?
If you’re a home improvement fanatic with a local Ace Hardware store, the Ace Hardware credit card could be a useful tool. Here’s a closer look at who could get the most out of this card:
1. Regular Ace Hardware Customers
If you find yourself spending a lot of time at your local Ace Hardware store, constantly buying supplies for your latest project or discovering something new to add to your tool kit, this card can be a great way to earn rewards on your purchases.
Any time you swipe your Ace Hardware credit card, you will be earning points that are redeemable for discounts, merchandise or special events. It’s sort of a little payback for your loyalty to Ace Hardware.
2. DIY Project Lovers
Are you the kind of person that enjoys DIY home improvement projects? Do you constantly tinker, build and improve things around your house? If so, the Ace Hardware credit card could be a great companion for your home improvement projects.
Not only will you earn rewards on all your purchases of tools, paint, hardware, and other supplies, but you’ll also benefit from special financing offers that can help you make those larger purchases more affordable.
This can be particularly useful if you’re embarking on a big renovation or if you simply need to buy a few new power tools.
3. Homeowners Shopping for Financing
The cost of home improvement projects can sometimes add up fast — especially if they involve a major renovation or if you need to purchase some major appliances or outdoor power equipment.
If you have a big upcoming project for your home, Ace Hardware offers some relief with flexible financing through its Ace Hardware credit card. You may also qualify for deferred interest promotions, in which you pay no interest for a set period of time, or for special financing offers that feature lower APRs on particular purchases.
These choices can help you make larger purchases more manageable over time.
So, if you spend some time in Ace Hardware, do a ton of home improvement projects of your own or just need help paying for those larger purchases, the Ace Hardware credit card may make sense.
It can increase your shopping experience and help you in achieving your goals in improving your home.
How to Apply for the Ace Hardware Credit Card
Interested in adding the Ace Hardware credit card to your wallet? Here’s how you can apply:
On the Ace Hardware App
Ace Hardware makes it that much easier to apply for their credit card by allowing customers to do the whole application process via their mobile app. You download the Ace Hardware app from the App Store (for iPhone.)
After you have downloaded the app, head to the card section, and you can begin applying. The app will walk you through the process — and you can view it from anywhere at any time on your phone.
Operated by U.S. Bank
One thing to note is that the Ace Hardware credit card is technically operated through the U.S. Bank. In other words, U.S. Bank is the bank that issues the card and runs the credit accounts.
This means that when you apply via the Ace Hardware app, you are essentially applying for a U.S. Bank credit card co-branded with Ace Hardware. That also means U.S. Bank’s card terms and conditions apply, so read those carefully before applying.
Although the application process occurs through the Ace Hardware app, remember that you’ll be working with the U.S. Bank for everything related to your credit account: billing, payments and customer service.
Pros and Cons of the Ace Hardware Credit Card
As with any credit card, there are pros and cons to using the Ace Hardware credit card. It’s wise to consider these at length to determine whether this is the right card for your needs and spending habits.
Pros of Ace Hardware Credit Card
1. Rewards program: Earn points on your purchases through the Ace Hardware credit card rewards program. If you enjoy shopping at Ace Hardware, then this can be an excellent way to save money on your home improvement and DIY projects.
You can usually redeem points for new purchases at a discount, or for merchandise, or in some cases even special events.
2. Financing: The Ace Hardware credit card may also offer special financing options like deferred interest or promotional periods with lower APRs. This can be useful if you’re preparing to make a larger purchase, like a new appliance or a set of power tools.
It enables you to spread your payments over a longer period of time and might even save you money in interest charges.
3. Benefits of signing up for Ace Hardware credit card: Ace hardware credit card makes it easy to pay for your Ace Hardware purchases. It can also help you monitor your spending and manage your budget, since you can easily see how much you’re spending at Ace Hardware each month.
Cons of Ace Hardware Credit Card
1. Store limitations: The Ace Hardware credit card is designed to be primarily used at Ace Hardware stores. Since it is co-branded with Visa, you could use it elsewhere. But the rewards rate and benefits could be lackluster outside of Ace Hardware.
If you want a credit card you can use everywhere for everyday purchases, this probably isn’t the one for you.
2. Potentially high APR: The Ace Hardware credit card can have high APR if you do not use the special financing offers or pay late. That can be pricey to carry a balance on the card, so be sure to make your payments on time and in full as often as you can.
In summary, the Ace Hardware credit card is a solid option for those who shop frequently at Ace Hardware or are in need of home improvement supplies, as long as you utilize the rewards program and financing features wisely.
Before making the decision on whether it is the right card to choose, be aware of some of the drawbacks like store-specific drawbacks and high-interest rates.
Clever Strategies for Using the Ace Hardware Credit Card
The Ace Hardware credit card can be a useful tool in managing your home improvement costs while earning rewards, but it is vital, like any credit card, that you use it responsibly.
With that in mind, here are some tips to help you maximize your card and avoid common mistakes:
1. Maximize Rewards
Whether you’re shopping at Ace Hardware or anywhere else, you earn Ace Rewards when you make purchases with your Ace Hardware credit card. Just swipe your card for all qualifying purchases at Ace Hardware and anywhere the card is accepted.
If your card offers a tiered rewards program, see if you can hit a higher spending threshold to earn more points per dollar spent. You can also use bonus categories, and redeem the promotions hit. They may, for instance, offer bonus points on paint, tools or outdoor power equipment at particular times of the year.
Monitor them online or subscribe to their email notices to learn of such opportunities. As you’re ready to redeem your rewards, either save up your points for a larger purchase or special date, or redeem them for smaller discounts over time. The choice is yours!
2. Control Spending
With a credit card, it’s easy to go overboard with spending, particularly if you’re excited about a home improvement project. Make sure to record what you are buying and make sure you don’t spend money that you don’t have.
Use a budgeting app, a spreadsheet or even a simple notebook to keep track of your purchases and log your credit card balance. This way, you can see where your money is going and be able to make smart financial decisions to prevent overspending.
This, alongside paying your bill every month and on-time will go a long way in preventing you from racking up interest — and will help keep your credit score healthy.
3. Take Advantage of Promotions
The Ace Hardware credit card frequently comes with promotional offers like deferred interest or promotional periods with low or zero interest rates. Promotions of this sort can be a really good way to cover the cost of interest fees when making bigger purchases.
If you’re looking to take on a major project or need to purchase some pricey tools or equipment, see if any current sales can save you some cash.
Just be sure to read the fine print and know the details of the promotion and any interest charges that may apply if you don’t pay off your balance before the promotional period ends.
Conclusion
The Ace Hardware credit card can make a lot of sense for frequent Ace Hardware shoppers and home improvement enthusiasts. The card offers benefits such as rewards, special financing and other perks that can enrich your shopping experiences and make your projects more affordable.
Next Steps
To know more about the Ace Hardware credit card or to apply for an Ace Hardware credit card of your own, then visit an Ace Hardware website or store near you. You can view its respective card economics, benefits and terms and conditions in detail.
You can also meet with a knowledgeable Ace Hardware associate who can answer your questions and walk you through how to apply.
We hope that this post by Finbuzz gave you useful information about the Ace Hardware credit card. If you have any question or comment, please drop it below. We’ll be happy to answer them.
