Question 1

What is the IKEA Visa Credit Card?

Accepted Answer

The IKEA Visa Credit Card is a credit card issued by Comenity Capital Bank. It allows you to earn rewards in the form of certificates that you can use toward future IKEA purchases. You can also use it anywhere that accepts Visa credit cards.

Question 2

How do I earn rewards with the IKEA Visa Credit Card?

Accepted Answer

You can earn rewards with this card in the following ways: 5% at IKEA: You earn 5% in rewards on all your IKEA purchases, including in-store, at IKEA restaurants, TaskRabbit services, and IKEA's kitchen installation services. 3% on Dining, Grocery, and Utilities: Get 3% in rewards when you dine out, shop for groceries, or pay your utility bills. 1% Everywhere Else: For all other purchases made with the card, you'll earn 1% in rewards. Every time your rewards balance reaches $15, you'll receive a rewards certificate.

Question 3

Are there any limitations to the rewards?

Accepted Answer

Yes, there is a limitation to be aware of. The rewards certificates you earn expire in just 45 days. This means you'll need to use them quickly, which may not be suitable for infrequent IKEA shoppers.

Question 4

What are the extra perks of the IKEA Visa Credit Card?

Accepted Answer

The card offers several extra perks, including: $25 Off Your First Purchase: Enjoy a $25 discount when you use your IKEA Visa for your first purchase. $25 Bonus Certificate: If you spend at least $500 on purchases outside of IKEA and its related services within the first 90 days, you'll earn an additional $25 bonus certificate for future IKEA shopping. No Annual Fee: The card does not have an annual fee, so you won't have to pay for the privilege of using it. Competitive Interest Rate: The interest rate, while not the lowest, is competitive with many retail store credit cards. Issued by Comenity Capital Bank: Comenity Capital Bank is a well-known issuer of retail store credit cards. Instant Approval: If you receive instant approval, you can start using your card on the same day, both in-store and online.

Question 5

Is the IKEA Visa Credit Card suitable as an everyday card?

Accepted Answer

For most people, the IKEA Visa Credit Card is not an ideal everyday card. It's best suited for those who frequently shop at IKEA and can maximize the 5% rewards on IKEA purchases. The short 45-day expiration period for rewards certificates may also make it less appealing for everyday use.

Question 6

How do I apply for the IKEA Visa Credit Card?

Accepted Answer

You can apply for the IKEA Visa Credit Card online or in-store. The application process typically requires personal and financial information, and approval is subject to creditworthiness.