Lovesac Credit Card
Basic Information
Program ID: lovesac-credit-card
Issuer: Synchrony
Card Type: Credit
Network: Private Label
Card Tier: Standard
Data Complete: Yes
Created: 01/15/2026 13:47
Last Scraped: 01/15/2026 13:48
Fee Structure
| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 0.00% |
Additional Fees
| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | N/A |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater |
| Foreign Transaction: | 0.00% |
Interest Rates
Purchase APR Range: 2,799.00% - 2,999.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 0 months
Balance Transfer APR: 0.00%
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $100.00
Spending Requirement: $1,000.00
Time Period: 90 days
Bonus Timing: Statement credit typically posts to the account within 1-2 billing cycles after the spending requirement is met.
Rewards Program
Reward Type: N/A (Primarily Financing)
Base Reward Rate: 0.00%
Bonus Reward Rate: 0.00%
Bonus Categories: N/A (Primarily Financing)
Point Value Estimate: 0.0000 cents/point
Expiration Policy: N/A (No traditional points program)
Transfer Partners: N/A (No transfer partners)
Card Benefits
Protection Benefits
- Extended Warranty
- Purchase Protection
- Cell Phone Protection
- Price Protection
Travel Benefits
- Travel Insurance
- Primary Rental Protection
- Trip Delay Coverage
- Lost Luggage Coverage
- No Foreign Transaction Fees
Premium Benefits
- Airport Lounge Access
- Concierge Service
- Global Entry Credit: $0.00
- TSA PreCheck Credit: $0.00
Approval Criteria
Recommended FICO Range: 670 - 800
Approval Odds Category: Good
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: The LoveSac Credit Card, issued by Synchrony, primarily offers special financing options for LoveSac purchases rather than traditional points or cashback bonuses. Eligibility requirements for 2026 typically include being a U.S. resident, at least 18 years of age, possessing a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), and having a good to excellent credit history (FICO score generally 670+). Applicants should not be in default on any existing Synchrony accounts. Application can be done online or in-store, often with instant decisioning. Promotional financing usually involves deferred interest (e.g., 0% APR for 6, 12, 18, or 24 months on qualifying purchases over a specified minimum, such as $999 or $1999). It is crucial to pay the full promotional balance by the end of the period, otherwise, all accrued interest from the original purchase date will be charged.
Maximum Cards Per Issuer: 5
Minimum Spend Interval: Not applicable for traditional bonus; promotional financing offers typically require a minimum purchase amount for a specific deferred interest period (e.g., $999 for 12 months 0% APR).
Shutdown Risk Triggers: High cumulative credit limit across Synchrony products, missed payments, going over limit, defaulting on any Synchrony account, excessive returns, suspected fraudulent activity, or rapid accumulation of multiple Synchrony accounts within a short period (application velocity).
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 3.2 / 5.0
Top Positive Feedback:
Flexible financing options for large purchases; helps manage budget for furniture.
Top Negative Feedback:
High interest rates after promotional period; limited use outside of Lovesac; customer service can be slow.
Approval Experience Score: 75.0 / 100
Recommended Alternatives
- Wayfair Credit Card
- Amazon Store Card
- Home Depot Consumer Credit Card
Card Value Score: 65.0 / 100
Est. Annual Rewards: $75.00
User Portfolio Metrics
Avg Portfolio Size: 3 cards
Avg Portfolio Age: 48 months
Store vs Co-brand: 100% Store / 0% General
Risk Assessment
Default Risk Group: Medium
Predicted Approval Probability: 85.0%
Terms Version Control
Version ID: v2024-02