The Newegg credit card is given by Synchrony bank. This credit card is suitable for individuals who are seeking to buy electronics and get cheap financing. It is a store branded card. This card can only be used at Newegg stores and its affiliates. This card has no significant connection with like visa or MasterCard. The great benefit of this card is seemingly the promotional financing. This credit card has no annual fee but it does not offer any rewards. Presently, there are two types of special financing offers. Apart from this, if you purchase certain products, you will be qualified for extended promotional financing. This type allows you to borrow with no interest. More light will be thrown on this. However, you should consider getting this card if you need a special financing period for purchasing electronics.
How this Card Works
Newegg has no annual fee. It has a purchase APR of 29.99%, this is variable. This value is really high for a store branded card. It requires a credit score from 620 to 850 to get approved. The most important benefit of this card is its promotional financing. It has a promotional financing period of up to 6,12,18,24 or 36 months. If you fail to pay your loan on time, you will be charged a deferred interest. Presently, there are two types of special financing, they are everyday financing and extended financing. You will pay no interest on everyday financing if you pay your loan in full within six months on purchases from $199 to $498.88 and within 12 months on purchases of more than $499. You can get additional rewards by upgrading to a premier membership which costs $50 per year. Below are the features of the premier membership;
1) access to exclusive deals
2) free shipping on qualifying products
3) free returns on qualifying products
4) dedicated customer service
5) no restocking fees on qualifying products.
Benefits
- No annual fee
- You can easily manage your account online
- You get exclusive cardholders offers and promotional financing options
- You can easily make monthly payments
- It offers sales alerts
- It offers notifications and deals via email.
How to apply for Newegg credit card
- Visit Synchrony bank Newegg official website via your web browser
- As soon as the page loads, tap on complete application button
- Enter the last digit of your SSN and mobile number if you have one, if you don’t, simply tap on the link that says ‘I don’t have a mobile phone number ‘
- Fill in your initial purchase amount if known, your city, state, first name, middle name, suffix, last name
- Also fill in your contact information such as your home address, zip code, email address, primary phone number, date of birth, SSN, net monthly income
- Add a joint applicant if you want to
- Tap on continue
- Follow a few more steps and you will be done.
To have access to your Newegg account, follow the steps below;
- Visit the Newegg login page via your web browser
- Locate the login button and tap on it
- Fill in your username and your password
- Lastly, tap on login.
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