Can you tell me how the Home Depot Credit card works?
Can you tell me how the Home Depot Credit card works?
user
Sure, that’s the store-brand credit card. You can use it at any Home Depot store, which is how they describe the point-of-sale terminals they have for use in stores. The security is tied to a bank account, and you can add funds or take funds out. You can view statements on your credit card bill or online at a webpage that’s linked to the credit card. You don’t need a separate MasterCard or Visa, the store brand card works fine.
assistant
Okay what else does it offer besides a line of credit?
user
The card can’t be used for any cash advances, and you can’t borrow against it. There’s no online shopping you can do with it, and it can’t be used for overdraft protection.
assistant
Okay. What is the interest rate?
user