17
Benefits5
Reward Categories5x
Max Reward21.2%
APR FromBasic Information
PENDINGRewards Program (Detailed) 5 Categories
PENDING| Category | Rate | Type | Description | Annual Cap | Status |
|---|---|---|---|---|---|
| IKEA Purchases | 5x | Cash Back | Purchases at IKEA U.S. stores, IKEA.com, and for Traemand and TaskRabbit services purchased at IKEA. | No Cap | |
| Dining | 3x | Cash Back | Purchases at merchants classified as restaurants. | No Cap | |
| Groceries | 3x | Cash Back | Purchases at merchants classified as grocery stores. | No Cap | |
| Utilities | 3x | Cash Back | Purchases at merchants classified as utilities (e.g., electric, gas, water, internet, cable, phone). | No Cap | |
| All Other Purchases | 1x | Cash Back | All eligible purchases everywhere else Visa credit cards are accepted. | No Cap |
Rewards Summary
PENDINGBenefits & Protections (Detailed) 17 Total
PENDINGFinancial 1
No Annual Fee
$0 annual feeThere is no annual fee for carrying the IKEA Visa Credit Card.
Lifestyle 1
Visa Signature Concierge
24/7 serviceProvides 24/7 complimentary assistance for travel planning, dining reservations, event tickets, and other personal requests.
Purchase Protection 3
Purchase Security
Up to $500 per claim, $50,000 per cardholder per yearProtects eligible new purchases against theft or damage for the first 90 days from the date of purchase.
Extended Warranty Protection
Up to $10,000 per claim, $50,000 per cardholder per yearExtends the manufacturer's original U.S. repair warranty by up to one additional year on eligible warranties of three years or less.
Return Protection
Up to $250 per item, $1,000 per cardholder per yearIf you are dissatisfied with an eligible item purchased with your card within 90 days of purchase and the store won't take it back, you may be reimbursed for the item.
Security 1
Zero Liability Protection
Full protectionProtects you from unauthorized purchases made with your card or account information. You are not held responsible for fraudulent charges.
Shopping 4
5% Back on IKEA Purchases
5% back in rewardsEarn 5% back in rewards on eligible purchases made at IKEA stores and IKEA.com.
3% Back on Dining, Groceries, and Utilities
3% back in rewardsEarn 3% back in rewards on eligible purchases made at restaurants, grocery stores, and for utility services.
1% Back on All Other Purchases
1% back in rewardsEarn 1% back in rewards on all other eligible purchases where Visa is accepted.
$25 Off First IKEA Purchase Welcome Offer
$25 offGet $25 off your first IKEA purchase of $25 or more when you use your IKEA Visa Credit Card outside of IKEA within the first 90 days of account opening.
Travel 1
Roadside Dispatch
Pay-per-use serviceA pay-per-use roadside assistance program. Cardholders can call a toll-free number to arrange for services like towing, tire changing, jump starting, lockout service, and fuel delivery. Fees apply per service call.
Travel Insurance 6
Auto Rental Collision Damage Waiver
Secondary coverageProvides secondary coverage for damage due to collision or theft for most rental cars when you pay for the entire rental transaction with your eligible Visa card and decline the rental company's collision damage waiver (CDW) or similar provision.
Travel and Emergency Assistance Services
Referral serviceProvides a referral service for medical, legal, and travel-related emergencies when you're away from home. Cardholders are responsible for the cost of any services obtained.
Lost Luggage Reimbursement
Up to $3,000 per tripReimburses you for the actual cost of replacing your checked or carry-on luggage and its contents if they are lost or stolen due to the fault of the Common Carrier, up to a specified amount per trip.
Travel Accident Insurance
Up to $500,000Provides coverage for accidental death or dismemberment when you purchase your common carrier tickets with your eligible Visa card.
Trip Cancellation/Interruption Insurance
Up to $1,500 per tripReimburses you for non-refundable passenger fares if your trip is cancelled or interrupted for covered reasons, such as accidental bodily injury, sickness, or death.
Trip Delay Reimbursement
Up to $300 per ticketReimburses you for reasonable additional expenses incurred when a covered trip is delayed for more than 6 hours or requires an overnight stay.
Benefits Summary (Flags)
PENDINGExtended Warranty
Purchase Protection
Cell Phone Protection
Travel Insurance
Primary Rental Protection
Airport Lounge Access
Trip Delay Coverage
Lost Luggage Coverage
Price Protection
Concierge Service
No Foreign Fees
ShopRunner
Sign-Up Bonus
PENDING$25
Cash BackRequirement: Spend $500 in 90 days
Fee Structure
PENDING| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 29.99% |
| Min Interest Charge: | $2.00 |
Additional Fees
PENDING| Late Fee: | $41.00 |
| Returned Payment: | $41.00 |
| Balance Transfer: | Either $10 or 5% of the amount of each balance transfer, whichever is greater. |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater. |
| Foreign Transaction: | 0.00% |
Interest Rates & APR
PENDINGStandard APR
Purchase APR: 21.24% - 31.24%
Cash Advance APR: 29.99%
Intro APR Offers
Promo Financing: Deferred Interest
Promo Duration: 24 months
Approval Criteria & Requirements
PENDINGCredit Score Requirements
Application Process
Issuer Rules & Policies
PENDINGRules: Eligibility: Applicants must be 18 years or older, a U.S. resident with a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), and possess a good to excellent credit history. Approval is subject to BreadFinance's credit underwriting standards, including income verification and existing credit obligations. Bonus Rule: New cardmembers receive a $50 statement credit after spending $500 on eligible purchases outside of IKEA within the first 3 months of account opening. Additionally, earn 5% back in IKEA Rewards on all IKEA purchases (in-store and online), 3% back on gas, groceries, and utility bill payments, and 1% back on all other eligible purchases. IKEA Rewards are issued as IKEA gift cards.
Max Cards Per Issuer: 5
Min Spend Interval: 3 months
Cliff Effect Rules: BreadFinance (Comenity) generally does not implement complex 'card family' or 'once-per-lifetime' bonus restrictions across their diverse portfolio of store-branded cards. Each card program is typically evaluated independently for bonus eligibility. However, applicants may be denied if they already hold a significant number of BreadFinance accounts or have a high cumulative credit limit with the issuer, impacting overall credit exposure rather than specific card family rules.
Special Events: Exclusive early access to IKEA sales events for cardholders, special financing offers on large IKEA purchases during promotional periods (e.g., 0% APR for 6, 12, or 18 months), bonus IKEA Rewards points on specific product categories or during limited-time promotions, birthday offers or anniversary rewards for cardholders, invitations to exclusive IKEA workshops or product launches.
Holiday Promos: Black Friday/Cyber Monday (late November), Post-Holiday Sales (December-January), Spring Home Refresh Sales (March-April), Summer Outdoor Living Sales (June-July), Back-to-School/College Sales (August), IKEA Family Member Appreciation Weeks (various throughout the year).
International Friendly: Yes
User Analytics & Insights
PENDINGUser Ratings
Average Rating: 2.8 / 5.0
Top Positive:
Good financing options for large IKEA purchases; Earns valuable rewards for frequent IKEA shoppers; Relatively easy approval process for building credit.
Top Negative:
Frequent complaints about Comenity Bank's customer service; High APR for balances carried; Rewards are primarily valuable only at IKEA; Online account management can be clunky.
Approval Experience: 75.0 / 100
Recommended Alternatives
- Amazon Prime Rewards Visa Signature
- Capital One SavorOne Cash Rewards Credit Card
- Wells Fargo Active Cash Card
Card Value Score: 70.0 / 100
Est. Annual Rewards: $280.00
Approval Probability: 75.0%
Version Control
PENDINGVersion ID: October 2023