Does Hobby Lobby Offer a Credit Card? Can You Apply for a Hobby Lobby Credit Card?

Hobby Lobby Credit Card

Hobby Lobby took the initiative to offer its customers an exclusive opportunity by introducing its own credit card, which comes with a unique and enticing array of benefits and advantages. This practice of retailers providing their credit cards is typically achieved through collaborations with banking institutions. As the Hobby Lobby credit card came into operation, it quickly gained a favorable reputation among its users.

The card's popularity can be attributed to various factors, with one of the main highlights being the exciting discounts and special offers it offers from time to time. Cardholders were delighted to receive reward points or cash back not only on selected purchases but on all their transactions, making the Hobby Lobby credit card a highly desirable choice for shoppers.

Does Hobby Lobby Offer a Credit Card?

As of 2023, Hobby Lobby does not currently offer a credit card. In the past, Hobby Lobby had a credit card program allowing individuals to apply for and use a dedicated credit card for their purchases. However, it seems that the company has made changes to this program, and it is no longer available for new applicants.

Existing cardholders who obtained a Hobby Lobby credit card before these changes may still be able to use their cards. Nevertheless, for those looking to acquire a credit card specifically from Hobby Lobby, it's important to note that the option is no longer open for new customers as of 2023. If you're in search of a credit card for your purchases, you may need to explore alternative options beyond the Hobby Lobby credit card program.

Can You Apply for a Hobby Lobby Credit Card?

Unfortunately, you cannot apply for a Hobby Lobby credit card at the moment. Hobby Lobby had a credit card program in the past that allowed interested individuals to apply for and utilize a dedicated credit card for their purchases. However, it appears that the company has decided to discontinue this program, and as of now, they are not accepting new applications for the Hobby Lobby credit card.

While existing cardholders with active Hobby Lobby credit cards may continue to use them, new applicants are no longer eligible to apply for this specific card. If you are in the market for a credit card, you will need to explore alternative options beyond the Hobby Lobby credit card program, as it is not currently available for new customers.

What is the Interest Rate for Hobby Lobby Credit Cards?

Hobby Lobby offers customers the convenience of using credit cards for purchases both in their physical stores and on their website. They accept major credit card brands such as Visa, MasterCard, and American Express, as well as their own Hobby Lobby credit cards. The values mentioned as percentages (e.g., APR) may vary depending on the individual's creditworthiness and other factors.

What are the Benefits of Hobby Lobby Credit Cards?

Receive a bonus of 1,000 points when you make your initial eligible net purchase within 90 days of opening your account. Additionally, accumulate 5 points for every eligible net $1 spent at Hobby Lobby stores or on HobbyLobby.com.

For purchases made elsewhere with your Visa card, earn 1 point for every eligible net $1 spent. As you collect points, you'll be rewarded with a $25 Hobby Lobby Rewards Card for every 2,500 points earned. This system offers a valuable incentive for loyal customers, allowing them to enjoy bonuses and rewards for their purchases at Hobby Lobby and beyond.

What are the Pros and Cons of Using Hobby Lobby Credit Cards?

While Hobby Lobby credit cards offer enticing rewards and no membership fees, potential users should carefully weigh the benefits against the lack of introductory APR options, foreign transaction fees, and the credit score requirement. It's essential to consider personal financial preferences and spending habits when deciding whether a Hobby Lobby credit card is the right fit.

Pros of Using Hobby Lobby Credit Cards

• No membership fees.
• High rewards rate for purchases at Hobby Lobby stores or HobbyLobby.com.
• Initial rewards bonus of 1,000 points after the first eligible purchase within 90 days.
• Opportunity to earn Hobby Lobby Rewards Cards with accumulated points.

Cons of Using Hobby Lobby Credit Cards

• No introductory APR on purchases.
• No introductory APR on balance transfers.
• Foreign transaction fee applicable.
• Requires a good to excellent credit score for approval.