ByHome Depot's Cash Back Rewards You Can't Afford To Miss
It feels like yesterday that a lethal infectious virus was wreaking havoc at the same time as tropical storms. The result was an extreme lumber shortage while people were forced to quarantine, spending more time than ever in their dilapidated homes. The cost of home improvements (or necessary maintenance and repairs) may feel astronomical, but the rewards program can help lessen the blow.
Your home is likely the most significant asset you will ever invest in, so don't put off maintenance and repairs until a total replacement is necessary. Read this comprehensive guide on how you can save money on Home Depot purchases and use DoNotPay to get cashback on other needed and wanted purchases in your life, too.
Can I Get Cash Back at the Home Depot Register?
Yes, you can get rewards at the Home Depot register if you use your debit card in conjunction with your PIN. There is no minimum spend limit to get cashback at the register rather than an ATM. However, you may want to call the store before you go. Sometimes, local stores stop allowing cash back at the checkout temporarily.
There are stores, like Walmart, that have a cashback limit of $100 with your debit card and PIN or $20 with a personal check. Similarly, you can go to Aldi and get up to $100 cash back when using your debit card or Discover It card.
Does Home Depot Have a Cash Back Rewards Program?
If you get approved for a Home Depot credit card, you can get:
| $25 off | Purchases ranging from $25 to 299 |
| $50 off | Purchases ranging from $300 to $999 |
| $100 off | Purchases of no fewer than $1,000 |
However, you must understand that different markets offer different benefits. For instance, in certain markets, there is currently a promotion that allows you to save:
| $350 | Spend anywhere from $3,500 to $4,999 |
| $500 | Spend anywhere from $5,000 to $6,499 |
| $650 | Spend anywhere from $6,500 to $7,499 |
| $750 | Spend at least $7,500 |
If your project costs at least $3,500 and your credit is at least fair, you can get a Home Depot credit card with no annual fee. You will be billed only $20 per month for every $1,000 you borrow, and there is a 25-day grace period. Just make sure you don't pay your bill 26 days late. Late fees can go all the way up to $40.
Also, keep in mind that Home Depot has a four-tier APR system. Depending on your creditworthiness, you can expect an APR ranging from 17.99 to 26.99%.
Is the Home Depot Credit Card Worth It?
Whether the Home Depot credit card is worth it depends on your unique financial situation. You must understand that if you sign up for a new card, you will get six months of deferred interest; there is not a 0% introductory APR. What this means is that if there is any balance on your card after six months, you will be charged for all the interest that started accruing on the day you made your purchase.
Most people would think that the Home Depot credit card is worth it if they know that they can pay the balance in full in six months, or they need something from the store and don't qualify for a personal loan. If you're on the fence regarding whether the home improvement store credit card is worth it, look over these additional benefits:
- Get 12-month, 18-month, or 24-month financing in some cases
- 10% off of certain purchases
- No liability if unauthorized charges occur
How to Successfully Take Advantage of the Home Depot Cash Back Rewards Program
It can be difficult to navigate the Home Depot cashback rewards program. But it doesn't have to be. With DoNotPay, it only takes three quick and easy steps to get as much money back from Home Depot as possible.
- Search for Cash Back on the DoNotPay website.
- Kick off the process to find the right app or website for you.
- Answer some specific questions so that we can help you start making money!
What Else Can DoNotPay Do?
DoNotPay can help you across a wide range of issues. Therefore, you can turn to us for any cash back-related problems you may have. For instance, we are here for you if you find yourself wondering whether:
- A cashback card from Citibank is worth it
- You can get cashback when you use Apple Pay
- Cashback apps are worthwhile
- A cashback credit card is good or bad
- You should get an Apple Card cashback rewards card
Also, DoNotPay is the best resource if you are wondering:
- How cashback credit cards work
- The ideal method for retrieving cash from PayPal
- How you can sign up for free trials without risking your credit card information