Home Depot is one of the biggest brands in Canada with 182 physical stores in the country and over 40,000 home improvement products. The company offers a branded credit card that comes with some exciting offers including discounts and no-interest purchases. However, you can only use the card at Home Depot stores. Here’s what to know about the Home Depot credit card.

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Annual Fee: $0

Interest rate: 28.8%

Introduction to the Home Depot Credit Card

The Home Depot Consumer Credit Card, while not a remarkable credit card, could suit the needs of regular Home Depot shoppers. The company has joined hands with Citibank Canada to issue the card.

The annual interest rate for this card is 28.80% if you do not pay your balance in full by the end of the period.

Home Depot Credit Card features

Easy to get

The card is easy to qualify for as there are no stringent requirements. The company doesn’t require applicants to have a minimum income. However, they must have at least a decent credit score to receive approval.

Home Depot is more likely to approve applicants with a credit score of 600 or higher. Nonetheless, it seems that the company also accepts people with a lower score or no credit history. Furthermore, applicants do not have to be regular customers to get a Home Depot Credit Card, new shoppers can also apply.

No annual fee

The Home Depot Credit Card is free to get. There are no annual or hidden charges. Cardholders will not have to worry about incurring charges if they don’t use the card very often, or at all.

However, there is a late payment fee that goes as high as $40. The company typically offers a grace period of 25 days, but we suggest that you make payments on the due date, and not later.

First-purchase discounts

Home Depot Canada offers a lot of inventives to cardholders to buy appliances and heating systems. We are talking about no interest payments from anywhere from 12 months to 18 months.

Without blinking an eye, new cardholders can get up to $100 off on their first purchase when using the Home Depot Credit Card. The deal is applicable on almost all Home Depot purchases and the total discount depends on the amount spent.

Not all of the financing offers are available in Quebec.

365-day return policy

One of the highlights of the Home Depot Credit Card is the 1-year return policy that allows cardholders to return an item and receive a full refund. The return policy for cardholders is very generous. However, certain products may not qualify.

Home Depot Credit Card pros & cons

Here are some of the main pros and cons of the Home Depot Credit Card:


Easy returns

Shoppers get one full year to return products. This is a major benefit because non-cardholders only get three months or less to return a product.

Can help build credit

The Home Depot card can be a great way to build your credit score. It’s easy to qualify and the company reports to all major credit bureaus, like TransUnion. Moreover, merely having the card can be enough, so shoppers don’t have to make purchases to enjoy this perk. Keeping the card in good standing can help boost your credit score.

Special discounts

The company occasionally comes up with discounts for cardholders. These include discounted prices and cash-back offers on specific purchases. However, it isn’t the best card for buyers specifically interested in cashback because such offers are rare.

Also, it only works at Home Depot stores. Users interested in cashback should consider cashback cards in Canada that offer up to 10% cashback. These cards not only work at Home Depot but at other stores as well.


Only for Home Depot

You can only use the card at Hard Depot stores and it does not work like a traditional credit card. You can not use it at gas stations, as a form of payment at POS (point of sale), eCommerce sites, or ATMs.

the Home Depot Credit Card does not offer rewards

Home Depot shoppers are typically big spenders. A visit could help shoppers rack up some decent credit card rewards. However, the Home Depot Credit Card offers no such perks. This means users enjoy no initial bonus, per dollar earning rate, or points-based tiers. Those who wish to earn and redeem credit card points should consider other credit cards in Canada.

Deferred interest

Cardholders get to enjoy 0% interest. However, it may not be very beneficial since the company charges deferred interest. It means users will have to pay interest on the entire amount if they fail to pay the full balance by the contract due date.

Being just a penny short or a day late means paying interest as if there was never was a 0% deal in place. Interest charges accrue from the date of purchase and are only waived if the purchase is paid in full by the due date. This is why it is very important to ensure there are no delays in making your payment.

How to make Home Depot Credit Card payments

There are several ways to make Home Depot credit card payments, including in-store, online and offline methods.

By phone

Cardholders can call (866) 875-5488 to pay over the phone. The process usually takes a few minutes and customer support may ask cardholders to provide personal information to verify their identity. The service is available Monday to Saturday between 6 AM to 1 AM EST and on Sundays from 7 AM to 12 AM EST.

At a Home Depot location

You can make a payment in person at any Home Depot store. In-store payments can be made by cash, cheque, or debited directly from your bank account. Bring your statement with you to ensure the payment is applied quickly and to the correct account.

Home Depot website

Another option is to pay through the website. Login to your account and find the ‘Make a Payment’ option. Click on it and choose your preferred payment method to proceed. You will be asked to enter and verify details and confirm the transaction. Moreover, those who want more ease can choose the app.

Home Depot mobile app

Open the app, login to your account, choose your card, and select ‘Make a Payment’. You will be asked to provide payment details.

Through your bank

You can make payments to your Home Depot credit card through your own financial institution like you would with any other credit card. You can do this by setting up Home Depot as a ‘Payee’ in the bill payment section of your online banking account, or by visiting a branch. Again, bring your statement with you to ensure the payment is applied to the correct account.

By mail

The traditional route (mail) is also available. However, it may not be the most reliable option as it can be slow and you might end up being late on your payment. Still, if you want to use this method then send a personal check with details such as your account number to the payment address provided by the company.

Home Depot Credit Card credit limits

The limit largely depends on the applicant’s creditworthiness. Those with a good credit score will get a more generous limit; however, the minimum is $300. This means that all applicants are guaranteed to have a credit limit of at least $300.

The company allows cardholders to request a credit card limit increase. There doesn’t seem to be a limit on how many times such a request can be made, but it’s best not to request more than once a year. Also, it might be a good idea to make a request after holding the card for at least six months and building a history with the company.

These requests can be made by contacting the team at (800) 677-0232 or online. Not all requests are guaranteed to get approved as the issuer will look at factors such as the applicant’s credit history with the company. In addition, the company is known for evaluating accounts from time to time and giving automatic increases. Users with a good credit score are more likely to get automatic increases.

 Home Depot Credit Card: the takeaways

The Home Depot Credit Card doesn’t offer much and is only for people who shop at Home Depot stores. Cardholders get to enjoy 0% financing and special discounts from time to time, but only at Home Depot stores.

There are a variety of cards out there that offer more perks and discounts. Consider this one if you are a loyal Home Depot customer and want to be able to enjoy no-interest purchases.

Frequently asked questions about the Home Depot Credit Card

Here are some of the most commonly asked questions about the Home Depot Credit Card:

Does Home Depot have a credit card?

Home Depot offers a variety of credit cards, including the Home Depot Consumer Credit Card. It offers special financing on purchases worth $299 or more. This credit card is suitable for individuals who buy a lot of appliances or like to stock up on supplies. In addition, the company has a card called Project Loan that is suitable for larger projects. It offers a credit limit of up to $50,000 with no down payments. Furthermore, Home Depot offers a commercial credit card for businesses.

Can I pay my Home Depot Credit Card online?

Yes, it is possible to make your Home Depot Credit Card payments online. Log in to your account and go to the Payment section to make payments. Moreover, it also gives the option to make payments through the mobile app, available on both iOS and Android devices.

Can I pay my Home Depot Credit Card in-store?

No, Home Depot does not currently give users the option to make in-store credit card payments. Buyers can, however, visit a Citibank Canada branch to pay the bill.

How can I check my Home Depot Credit Card balance?

There are several ways to check your Home Depot Credit Card balance. Call (800) 677-0232 and follow the prompts. Alternatively, login to your account, and click the Home Depot Credit Card button to view your card balance. Lastly, you can use the mobile app to check your balance. Sign in to your account and the balance will appear on the app’s home screen.

Can you use the Home Depot Credit Card anywhere?

No, you cannot use the Home Depot Credit Card anywhere. These cards can only be used at Home Depot stores. This credit card is not a part of any card network such as Visa or Mastercard, hence is not accepted at other stores or ATMs.

How can I increase my Home Depot Credit Card credit limit online?

You can request an increase by going to your account, choosing the Home Depot Credit Card, and clicking ‘Available Credit’. You will now see the option to ‘Request Increase’. Click it, provide the required details, and click ‘Submit’ to complete the process. These requests are typically processed right away and you will receive a decision in a few minutes. If approved, your new limit will be effective immediately.

Is it possible to go over my Home Depot Credit Card credit limit?

No, it is not possible to go over your credit limit. Transactions that go beyond your credit limit will automatically be declined. The only option to cover larger purchases is to use a different card or request a credit limit increase.

Will increasing my credit limit have an impact on my credit score?

Think twice before requesting a credit limit increase as Citibank Canada will conduct a hard check to verify details, which could cause your credit score to take a dip. This is usually temporary and the company requires prior permission in order to run a hard pull. The best way to avoid this is to improve your financial standing so that you automatically qualify for a limit hike. The company regularly reviews accounts and automatically approves them for a higher limit, without running a hard check.

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