IKEA Announces Launch Of Its New Credit Card

by | May 17, 2018 | Business Feature

IKEA is a privately held company headquartered in Leiden, Netherlands. The company designs, manufactures and sells home goods, such as furniture, home interior and appliances. According to the company’s website, it is the largest retailer in the world. The founder, Ingvar Kamprad, was only 17 years old when he opened the first IKEA store in 1943 in Sweden. From a young lad to a billionaire, Kamprad continues to make it easier for consumers around the world to access high quality home goods.

IKEA announced today the launch of its new credit card, IKEA Visa, in the United States. The “loyalty-driven” credit card will allow IKEA customers to earn rewards with each purchase. Every time a credit card holder makes a purchase utilizing the IKEA Visa Credit Card, they will earn rewards that can be applied to purchases of IKEA products. All purchases of IKEA products will earn 5% back.

“At IKEA, we are passionate about helping our customers enjoy a better everyday life and are always looking for new ways to meet their needs,” said Jacqueline DeChamps, chief operating officer at IKEA U.S. “We spent almost two years creating the new IKEA Visa Credit Card to ensure the program would support our mission by investing our profits back into value for the customer. This program is designed to reach as many of our customers as possible with the spending power to make this their credit card for everyday purchases.”

In addition to the worthwhile rewards on every day purchases, such as attire, entertainment, petroleum and groceries, card holders will have opportunities to earn 5% back in rewards every time they take advantage of TaskRabbit At-Home Assembly Services and Taemand kitchen installation.

When cardholders utilize their IKEA Visa Credit Card to purchase groceries, they will earn 3% back in rewards. Other purchases will earn 1% back. For consumers who are struggling to get approved for an IKEA or other type of credit card, here is a list of the best credit repair companies that will gladly help in improving the consumer’s credit rating.

IKEA’s Projekt Card, launched in February, makes it easier for qualified customers who are planning large renovation or home decorating projects to access IKEA products much easier.

The company recently announced a more affordable delivery option to American consumers. As of January, these services would be available to IKEA customers who need to have their purchases delivered to their home or business. The cost of shipping and delivery would be based on the customer’s location, as well as the size and weight of the items purchased. IKEA also announced it would lower its flat parcel rate to $9, which would be available to all customers regardless of their location.

IKEA is not the first company to launch a retailer loyalty-driven credit card. However, the IKEA Visa Credit Card is more diverse, as it allows qualified customers to make purchases beyond IKEA stores.

Over the years, Sears has really bottomed out. Nevertheless, the company still knows how to do some things right. One of the most notable is the fact that the company offers a pretty good loyalty card. The Sears Card is a wonderful choice for people who shop with this retailer on a regular basis. It offers a wealth of benefits and comes with no annual fee. For instance, card members can receive special financing on some products. Card holders will also be invited to card member only events. They’ll also receive savings and bonus offers for simply being a card member.

The Sears card will provide consumers with savings at Sears and Kmart stores across the country.

Best Buy is undoubtedly one of the leading retailers for electronics. For those who buy a lot of items from Best Buy, it would be a good idea to sign up for a Best Buy credit card. Consumers will have two options. They can choose from flexible financing options or they can benefit from 5% back in rewards. Elite Plus users will actually receive 6% back in rewards. With a Best Buy card, it is also possible to receive benefits outside of the store. In many cases, they can get 3% back on gas, 2% back on groceries, and more.

Signing up is pretty easy, so all electronics fanatics should definitely think about applying today.

About the Author:

Rupesh Singh is freelance writer and founder of moneyoutline.com You can follow him on <a href=”https://plus.google.com/u/0/117195971061154703205“>Google +</a>, and <a href=”https://www.facebook.com/rupeshtalk2012“>Facebook</a> .

 

Share This