The Big Lots credit card is a Store card considered to present low value.

The credit card comes with no annual fee – which is natural for these credit cards. But then it comes with a high-interest rate is 29.99%

The key reward of the Big Lots credit card is that it offers special financing that seems like some great offers though. This is very beneficial for those who are thinking about making expensive purchases from the store.

Two Possible Financing Option Available

6-month financing period for purchases of USD 250 or more.

12-month financing for the purchase of 750 USD or more.

When you use one of the financing options, ensure to pay on time. If you do not pay the full amount by the end of the funding period, then you will be charged to pay the full interest rate for the entire funding amount (called Deferred Interest). That will be quite huge since the payment is high at 29.99%, you will suffer large losses if you do not pay in time for financing.

Features of this card

This card demands no yearly fee.

There are no discounts, cash advances or rewards.

Users are being given special financing offers on certain purchases.

This card offers fraud liability features.

It helps by reporting your card activities to the credit card bureaus.

There are no cash sign up bonus, reward limit and maximum reward rate on purchases.

Users are to pay a returned payment fee of $38.

It has an unsteady purchase APR of 29.99%.

Users are not given any introductory rate on fresh purchases.

Customers are expected to have a credit score of 650.

And the late payment fee for this card is $38.

Note that for each credit plan, the minimum interest is $2.

What amount of rewards can be obtained?

Though this card gives no cashback on purchases, but once in a while users are being given exclusive offers on certain purchases.

If you wish, you can sign up for the Big Lots Big Rewards program. This is a reward program that allows you to get $5 on three purchases and $10 on purchases involving furniture, with VIP Shopping Days, birthday offers, etc. It also allows you to combine rewards and discount not excluding other offers. Sadly, this card cannot be used for Big Lots of online purchases.

How important is this card

If you are a customer at Big Lots store then, this card is the right card for you. Though, it does not offer cashback and cannot be used to make purchases online or elsewhere except at Big Lots store but, gives special financing and discounts. Lastly, this card worth a try.

Advantage of Having this Card

Besides, this card issues no reward but there are other benefits that come with this card.  First, this company gives an account of your credit report to two of the three major credit card bureaus. Secondly, it has fraud liability features.

Is it worth it？

The Good Side of the Card

You get more special financing options.

No annual fee.

The Bad Side of the Card

Extremely high-interest rate.

Cards can only be used in Big Lots.

Based on the facts above you can make your decision.