We cannot imagine our everyday life without credit cards. They have become an essential item in our everyday life, offering us unmatched convenience, constant availability, and endless advantages, when used responsibly. Customers can use bank cards to cover regular or unexpected expenses they don’t have the funds for. Or they can make a purchase from a mail–order without having to wait for an actual check to be received.
Why choose credit cards?
Although other payment options like physical money or debit cards may appear like a better alternative to stick to the budget, credit cards are an absolute must–have for extended buying power. They can add to your economic prosperity and help you earn money just by using a card.
This payment option can offer many advantages if you can commit to making regular credit card payments each month. In fact, many of the perks credit cards entail can spare you a nice sum in the long run or ramp up your three–digit number. Thus, credit cards for bad or poor credit can help rehabilitate your credit rating provided you always compensate it in full.
Luckily, when it comes to plastic, there is no shortage of choices for consumers. They come in various shapes and sizes from standard credit cards to retail ones – to name a few. On top of it, most companies recognize plastics as one of their main payment methods, which means you don’t need to search for an ATM to withdraw the funds. With some smart shopping, you can enjoy the bonuses, protection, and convenience this payment option offers, even if you have a not–so–stellar FICO rating.
How to Find an Option For Your Purchasing Habits
Finding your perfect credit card is part art, part science. There is no such thing as a better card in all categories — or for all people. But by defining your alternatives and knowing your financial situation, you can qualify for the card suited to your needs. However, with so many options at hand, choosing the right kind of plastic to apply for can seem challenging.
The first step of the selection process is always your credit rating. Realizing where you stand will play a big role in determining what kind of card you’ll qualify for. Typically, a score of 650 or higher makes you entitled to get a card with bonuses and other VIP perks, including a relatively low regular APR.
But if you haven’t been an account holder for a long time or had other issues that caused your rating to lower, there is still a credit card solution for you. The same goes for retail cards. Today, there is no need to suspend any buying pleasure of yours, just because you’re a little short on funds.
In particular, Kay Jewelers Credit Card allows you to benefit from a plethora of financing options while reaping special holding benefits. Geared towards customers with poor or limited credit records, Kay Jewelers provides financial support easily and hassle–free.
Kay Jewelers Credit Card – Overview
Kay Jewelers is a store offer released by Comenity Bank that allows customers to express their love without breaking the bank. As this is a store or retail card, the acceptance is selective, depending on the merchandiser or chosen partners.
So why apply for a store credit card? Kay Jewelers Store credit cards can be a great way to buy now and pay later at the stores. Also, this card entitles you to a 10% discount on your next jewelry repair.
Customers can easily budget their purchases with this store credit card even if their credit rating is dragged down. Among other things, this retail store credit card can also help a person learn how credit cards work and avoid excessive spending since the card usage is bound to a particular store.
Do You Qualify for Kay Jewelers?
If your credit story is limited or far from perfection, you’ll have an easier time taking out a store or retail credit than standard plastic. Although KJ store cards set the lending limits and can only be accepted at Kay Jewelers, you can use them to accumulate credit points and upgrade to better credit products in the long run.
Typically, a FICO credit score of 604 is necessary for qualifying for a KJ credit card. However, the issuer can factor in a number of other aspects to make the final decision. The main recommendation is to have a recent clean bank statement, but the card guarantor may anticipate other discrepancies.
While your FICO score is generally a significant factor, you might need to consider different factors that may influence a choice for approval. For instance, late credit requests, 30+ day misconducts, or current credit accounts approaching the sum limit may influence a credit choice.
FICO scores demonstrate the financial soundness of an individual and might be one marker to the credit type you are qualified for. However, a FICO assessment alone doesn’t ensure or suggest approval for any Comenity Bank item.
KJ Credit Card – Basics
This financing option allows you to do shopping on credit and positively influence your rating. However, you wouldn’t want to keep a balance on your card due to high rates. The only case when this would be lucrative is when you have a promotion applied to these charges. Thus, you can finance new purchases interest–free for up to 36 months.
This card comes with an APR of 29.99%, which is the lowest standard, while not having an introductory APR. The KJ Credit Card has a grace period of around 25 days. It means that new purchases won’t be subject to interest charges provided the balance is compensated fully by the due date.
The Bottom Line
Store credit cards like Kay Jewelers cards allow you to add your own flair right now without having to wait for your paycheck. These cards can have your back in times of dire need and improve your credit rating over time. If used wisely, KJ cards can finance an expensive purchase and provide various cardholder perks.