Repairing your credit is something that can take years to do, so having a credit card that will actually help you through that process and still have significant advantages while using it makes your life that much easier. The Menards credit card is exactly that – and more. If you have heard any criticisms about the card they are likely from people who have been rejected, which are in the minority. Read on to see the list of benefits.
1. It’s a no-nonsense card.
People who have below average credit cards are often offered advantages such as cash advances and the ability to use the card while traveling internationally. Most people with solid credit don’t travel internationally. With the Menards card you get a card to be used for buying the necessities at any Menards store and you can fill up your gas tank at any Kwik-Trip and several other regionally served gas station brands. Those home improvement projects don’t have to wait until your credit score opens the door for a bank loan.
Track Your Rebate Enter Your Information: Tracking your rebate online is as simple as typing in your tracking number or entering your name and zip code. Jul 26, 2015 Menards rebates is a total scam. Either they don’t acknowledge receipt of the mailing, or they send you only a trivial amount if you submit multiple rebate receipts. I will never shop at Menards again! December 11, 2019 at 4:58 pm. The last menards I worked at wasn’t quite a great experience though. It had its pros and cons. Pay & benefits Pay is ok. The company offers a few great benefits though. Management Two of the three locations I’ve worked at, the management was pretty ok! Except the last location.
2. No annual fee.
Credit cards that have an annual fee are usually debt traps waiting to snap your wallet closed so they have access to your hard earned money, not you. When you think of paying an annual fee of $100 that ends up with you paying $8 a month just for having the card, even if you don’t use it. If you max out your credit limit, it is still like paying $8 a month except you can’t use the card.
3. At any Menards store you can buy a VISA gift card.
Jay vasavada articles in pdf. This may seem like a small advantage – except when you need to buy a last minute gift for a birthday or special occasion and are strapped for cash. Since the Menards card does not allow cash advances, the VISA gift card is the next best thing to solve those last minute or unexpected giving events.
4. A deferred interest payment plan.
Their terms are no interest is charged to your account if the purchase amount is paid in full within 6 months on purchases of a minimum of $299. But you don’t have to buy a single item worth $299 or higher; you can buy a number of items that totals $299 or higher.
5. Variable Intro APR.
Unlike so many credit cards that target people with below average credit ratings, the Menards card rewards people who have worked to get to the point where they deserve better terms on a new credit card. The purchase intro APR is variable, between 0% – 3.99%. They also have a variable time frame for how long you will get that APR: between 6 and 48 months.
6. Rebate receipts.
![Menards rebates are a scam money Menards rebates are a scam money](https://cdn0.opinion-corp.com/review-media/pictures/42/01/416764/menards_i-never-received-multiple-menard-s-rebates-201908061615000_4201-gallery.png)
When you use your Menards card at a Kwik Trip or other authorized brand gas station, you get a 1% rebate. But instead of an immediate credit you get a rebate receipt. You can mail these in and Menards will send you a check back. The best way to use these rebate receipts is to collect them for a month or so, then mail them in for a larger check. It’s always nice to get a check in the mail, and oftentimes the money comes in just at the right time.
7. You can use it like a bank loan.
Microsoft office 2011 mac crack. While you can’t get cash advances from the card, you can still use it like a bank loan for larger home improvement projects. Other credit cards will give you the promotional rate, then hit you later with a huge interest rate charge. This is often missed by cardholders because you notice your monthly payment has gone up but can’t figure out why. By then it is too late. Because of the way Menards has set up their promotional interest rates, you can buy what you need and have the same interest rate for the duration of the loan.
8. Great customer service.
One of the most common things you will find on reviews of the Menards card is their great customer service. Some people overlook this feature of a credit card – until they run into a problem. All you have to do to look at why customer service is a critical part of a business is to look at why Amazon.com is so popular.
9. A $10 cash bonus after you make your first charge of $100.
When was the last time anyone gave you a 10% cash bonus just for using the card? That is what Menards does by putting a $10 bill in your hand after your first purchase. If you found a $10 bill on the sidewalk, would you pick it up?
10. Cashback rewards.
You earn between 1 and 2 percent cashback on your purchases (gas purchases are 1%) which means if you use your card wisely it can reap you significant benefits over the year. Many of the competitor’s cards don’t even give you a 1% reward.
Menards 11 Rebate Schedule 2019
Rewards Rating: 1.3 rating | 1.3 / 5 |
Rewards Value: | 0.1 |
Annual Percentage Rate: | 0.2 |
Rewards Flexibility: | 2.6 |
Features: | 1.0 |
Customer Experience | 4.0 |
In a Nutshell:
Despite the retailer’s catchy jingle, even the biggest home improvement enthusiasts are unlikely to save big money with the Menards BIG credit card.
Rewards Rate
|
Sign-up Bonus Everyday rebate or special financing: Map theme park minecraft pe.
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Annual Bonus None |
Annual Fee $0 |
Average Yearly Rewards ($1,325 monthly spend) $33 |
APR 27.24% (variable) Mario kart wii character mods. |
Rewards Redemption Pros
Cons
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Customer Experience
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Other Notable Features: Special financing options throughout the year, exclusive manufacturer rebates
Find card offers for you: This card is not currently available on CreditCards.com, but you can still find a great card offer for you! Our CardMatch tool can help match you with prequalified offers and cards that align with your credit history – with no harm to your credit score. Get personalized offers from our partners in seconds. |
Menards Rebates Are A Scam Account
If you’re a loyal customer of Menards, chances are you’ve heard of the chain’s BIG credit card. Maybe a cashier has even asked you to apply. But while you might be attracted to the card’s simplicity and no-frills redemption, you shouldn’t be, and here’s why: Depending on your credit score, you can earn better and/or more flexible rewards with other retail or cash back cards, such as the Ace Rewards Visa Signature card or Citi® Double Cash Card.
Add in the card’s lack of a sign-up bonus and steep APR, and the verdict is obvious — you should steer clear of the Menards BIG credit card and consider alternative ways of earning rewards on your home improvement needs.
Standard rewards
The Menards BIG credit card comes with run-of-the-mill 2 percent rebate on Menards and Menards.com purchases. Though such a rate is nothing to scoff at, it pales in comparison to the 5 percent automatic discount available with the competing Lowe’s Consumer credit card.
The card also offers a 1 percent rebate at Speedway, Holiday, Kwik Trip and Kwik Star locations — a nice perk for devoted Menards shoppers looking to build their rewards balance more quickly. However, you’ll find much more enticing rewards on U.S. gas station purchases in the Blue Cash Preferred Card from American Express, or even the store-branded cards offered by warehouse clubs Costco and Sam’s Club.
Bonus rebate savings on participating brands
In addition to the regular 2 percent rebate on Menards purchases, the BIG card gives you the opportunity to earn extra rebates and savings on big brands such as Ajax, Bounce, Clorox, Glade, Crest and more.
For example, during the week of Sept. 10-16, cardholders had access to 11 percent rebates on all major appliances, windows, interior/entry doors and household furnishings such as fireplaces and vanities. Timing your purchases to coincide with these offers is an easy way to maximize the BIG card’s value.
No annual fee, but high APR
Asus vw246h driver for mac. Like most retail cards, the Menards BIG credit card doesn’t charge an annual fee — but if you tend to carry a balance, the card’s flat-rate APR of 27.24 percent is likely to eat into your rewards far more than a yearly charge. Unless you’re using deferred- or low-interest financing, try not to put more on the card than what you can afford to pay off every month.
Read the promotional fine print
While the card’s reduced-interest financing on purchases of $1,500 and greater is pretty straightforward, the deferred-interest financing option for purchases above $299 is a bit trickier to understand. It’s easy to zero in on the “0 percent” language and think the interest is waived entirely, but that’s not exactly how it works. With deferred-interest financing, interest accrues during the promotional period (in this case, six months) and is added to your overall balance if you fail to pay it in full by the deadline.
Menards Rebates Are A Scam 2017
In addition, Capital One (the card’s issuer) reserves the right to withdraw your financing agreement if you miss a payment, even if you do so well before the end of the promotional period. Pay attention to your billing statements and make timely monthly payments — preferably ones that exceed the required minimum — to avoid having to pay those interest charges you were hoping to elude.
Kindle for mac highlight entire page. It’s also worth noting that any purchases made using special financing won’t earn rewards. If you don’t need extra time to pay off a purchase, opt for the everyday rebate instead to keep adding to your rewards balance.
Why get the Menards BIG card?
- You frequently shop at Menards and want to earn rewards on purchases you already make.
- You’re a do-it-yourselfer who wants access to promotional financing for those big home renovation projects.
- You prefer merchandise discounts over other types of rewards.
- You don’t plan to carry a balance from month to month.
How to use the Menards BIG card:
- Because of the card’s high APR, opt for deferred-interest financing over the everyday rebate if you’ll need more than a month to pay off a purchase.
- That being said, beware of deferred interest associated with the card’s special financing offers. Interest is imposed retroactively if you still owe a balance on your purchase at the end of the promotional period.
- Pay your regular balance in full every month to avoid accruing higher-than-average interest charges.
- Watch for the store’s weekly flyer to take advantage of bonus rebate savings on certain brands and items.
Is the Menards BIG card worth it?
Even diehard Menards fans will find this rewards card lacking. While it comes with no annual fee and offers bonus rebates on specific brands, neither is remarkable for a retail card. Additionally, it lacks a sign-up bonus, and its 2 percent rebate is easily beaten by other store-branded cards. Most notably, its deferred-interest financing offer on big purchases, while appealing in theory, is tricky to navigate and could lead to unexpectedly high interest charges if you still owe a balance at the end of the promotional period.
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