Review: Zales Credit Card

zales-credit-cardJewelry retailer Zales in partnership with Citibank that offers you credit on any purchase, plus special financing on big jewelry buys. But watch out for that interest rate! Our overview / review of the Zales credit card is below:

The first thing to understand about the Zales credit card is that it can only be used at Zales and nowhere else. Getting a card with such limited usage is always questionable, especially for a store like Zales where your purchases are very likely to be infrequent — most people aren’t buying diamond rings on a regular basis.


The most likely reason to get the Zales credit card is to finance a large jewelry purchase at no interest, and the Zales credit card delivers in that area. You can buy Zales jewelry and spread your payments out over time without paying any interest, including:

  • No interest for 6 months on purchases of $300 or more
  • No interest for 12 months on purchases of $1000 or more (a 15% down payment is required, however)
  • No interest for 18 months on purchases of $5000 or more (a 20% down payment is required, however)

While these offers sound good — and they are — there is one big red flag you need to know about. If you take one of these offers, you must pay ALL of the purchase price within that time frame. If you fail to pay even one dollar of what you owe during the 6-month, 12-month, or 18-month period, you will be socked with all the interest you would’ve paid from the date you made the purchase — as if the 0% offer had never existed!

And the interest rate you’d pay? 28.99%! You do not want to be paying the interest that would accrue at that rate over a year or more. So, be careful!

There is no real reason to apply for the Zales credit card unless you are in store to make a purchase, but there is if you can’t wait to get started.

See also: 0% Balance Transfer Credit Cards, Instant Approval Credit Cards, Zales Credit Card Payment, Login, and Customer Service Information