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It’s a charge account that’s valid only for purchases at Home Depot. If you want a card you can use more places, you’ll find plenty of other business products with impressive rewards and features. Your spending doesn’t give you cash back or Home Depot-specific rewards. If you can take advantage of this benefit, however, you’ll receive a strong rewards rate.
Thankfully, there are now several other ways for a business in need to get the working capital required to start on the next job and keep the money flowing. These methods vary wildly in their benefits and drawbacks, so any business looking to take advantage of one of them should do their due diligence when doing so. ThisHomeDepotbusinesscreditcardoffers benefits that are most useful to high-volume spenders. Pick something else if yourbusinessspending is distributed throughout different categories. Our editors thoroughly review and fact-check every article to ensure that our content meets the highest standards.
Does Home Depot have a loyalty program?
The other major reward attached to the Home Depot business credit cards is the Fuel Rewards Program. If you choose to participate, you can earn $0.10 in gas savings, per gallon, on every $100 of qualifying purchases at The Home Depot. There are many reasons businesses choose to use retail and in-store credit cards, including keeping spending of personal funds to a minimum.
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace. You’ll load up your Bento’s credit line by transferring your own funds from your business bank account onto your card, so this isn’t a traditional business credit card.
Alternatives to the Home Depot Commercial Credit Card
Features that might be especially helpful include a one-year return window, 60-day payment terms and itemized billing statements. Businesses in construction, home improvements and installations could benefit from this card. If you need to fund your Home Depot purchases with more than 60-day terms, then you need a better plan. Using 0% APR convenience checks from another credit card will give you a lot more time to pay off your purchase debt. The expiration date of your fuel rewards is the last day of the month immediately following the month in which they were earned.
Credit-Land.com may be compensated if consumers choose to utilize the links located through the content on this site and generate sales for the said merchant. Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on the page. Every $1 spent on your card counts as $4 for purposes of earning Perks. Reward rates Every $1 spent on your card counts as $4 for purposes of earning Perks.
Find your credit card
When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the Credit-Land.com website are property of their respective owners. There are two disadvantages to consider with the commercial Home Depot credit options. First, unlike some retail credit card options, the credit cards can only be used for Home Depot in-store or online purchases. Second, there are no cashback rewards on purchases that are common in many other credit options. The Home Depot’s expanded commercial credit program aims to help Pros save time and money.
If you’d like the option of giving more than just four employees spending abilities, consider signing up for the Bento for Business. This prepaid business card has even greater employee tracking and managing features than The Home Depot’s business credit cards do. If you’re a true Home Depot loyalist, either of The Home Depot business credit cards is worth your consideration. But if you’re not tied to The Home Depot, then a Home Depot rewards card might be too limiting for your business.
Welcome to Your New Online Account.
Following approval, allow seven to 10 business days for your card to arrive in the mail. The The Home Depot® Commercial Revolving Charge Card is most effective if you’re a high-volume spender at Home Depot. If you are, perks like itemized purchase statements, 60-day payment terms and a one-year return window might be helpful. We will send notifications regarding the availability of your statement online and legal notices to the email address you provided to us until you contact us to change it.
But it’s equally important to boost profit margins to help ensure long-term success. Improve Cashflow, bid on bigger projects, and get control of material financing. Manage your account your way with all the features you enjoyed before—and more. Introducing a whole new experience built to give you more control over your card and your time. We believe you should be able to choose what kinds of information you receive.
That is, they can’t unless you’re a professional trade organization member , in which case you do have the opportunity to earn certain cash back rebates. The Home Depot, the world’s largest home improvement retailer, is enhancing its commercial credit offerings for Pro Customers and their businesses. The retailer introduced The Pro Xtra™ Credit Card, a new iteration of its Commercial Revolving Charge, as well as updates to its Commercial Account Card. Both credit options are powered by Citi Retail Services, one of North America's largest and most experienced retail credit solution providers.
The no annual fee Home Depot commercial account card is available with Net 30 terms or as a revolving credit line with low monthly payments. When using their online account management and itemized billing statements, Home Depot’s credit cards for business owners also allow for easy tracking of employee purchases. Another major draw for the Home Depot business credit cards is that neither card carries an annual fee. They also offer a generous 60-day billing cycle, so you’ll have extra time to pay off your balance without worrying about incurring a harsh APR on your balance.
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