Review: Tractor Supply Credit Cards

tractor-supply-credit-cardTractor Supply Co. , one of which (the consumer card) allows you to finance large purchases at reduced interest rates — but be careful. Our overview / review of the Tractor Supply credit cards is below:

Tractor Supply credit cards are issued in partnership with Citibank, but they are only for use at Tractor Supply Co. We generally are not fans of credit cards that can only be used at a single retailer — it’s not worth opening a new credit line unless there is a very compelling offer behind it.

As far as the Tractor Supply Personal Credit Card is concerned, that reason would be the special financing it offers:

  • Last we looked, the card was offering a 0% interest rate for 12 months on purchases over $499, or 0% for 6 months on purchases of $299 or more.
  • Outside of this promotional period, you could get a 13.99% APR for 24 months on purchases of $999 or more, or for 48 months on purchases of $1999 or more.

There is a big catch to the no-interest offers which you need to understand: you must completely pay off the purchase within the timeframe of the agreement or you will get charged all of the interest that would’ve accrued since the day you made the purchase — as if the 0% offer had never existed! And that interest will be charged at the card’s “regular” interest rate of 26.24%-29.99%! (Also, you can NOT use these promotions for online Tractor Supply purchases; they are for in-store purchases only.)

The Tractor Supply Business Credit Card, on the other hand, does not offer special financing, and it has an interest rate of 22.16%, so we can’t see a good reason to want this — use your lower interest business credit card instead.

Of course, it’s up to you. To apply for either Tractor Supply credit card, you’ll .

See also: Which is the best credit card?, Instant Approval Credit Cards, Tractor Supply Credit Card Payment, Login, and Customer Service Information