Lumber Liquidators Credit Card Review 2021 Updates

Lumber Liquidators Credit Card Is a store credit card issued by Synchrony Bank. If you’re wondering whether Lumber Liquidators Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Lumber Liquidators Credit Card Review 2020 Updates

Specializing in flooring, they offer a range of hardwood finishes for much less, however, it’s worth noting that each promotion has it’s own required minimum spending.

This card offers generally, what I classify as easy approval, for those with lower credit scores.

If you have a home improvement project in mind and need the edge of financing with your hardwood floor necessities, then this may be the card for you.

About the Card 

  • Interest-free financing options of 6 or 12 months at Lumber Liquidators
  • ​Access to exclusive discounts and offers
  • ​Card is financed by Synchrony Bank
  • ​You can purchase Optional Card Security, which will cover payments or even your entire outstanding balance up to $10,000 if you meet certain conditions
  • Manage your account online 24/7

Pros and Cons of Lumber Liquidators Credit Card


  • If you have a lot of lumber to buy, this card gives you interest-free financing options of 6 or 12 months
  • ​The card will give you access to discounts at Lumber Liquidators
  • The online application is fast and easy


  • The interest is deferred, so if you don’t pay the amount in full by the end of the interest-free period, you’ll have all that back interest added to your account
  • ​The APR is very high
  • To qualify for the interest-free period, your purchases must be made on one receipt

What are the Fees for Lumber Liquidators Credit Card?

The following fees apply to Lumber Liquidators Credit Card:

Lumber Liquidators Credit Card Fees
Fees Amount
Annual Fee
Returned Payment Fee $28
Late Payment Fee $39

Lumber Liquidators Credit Card Benefits

The Lumber Liquidators card provides exclusive discounts and offers to cardholders, which is one nice perk.

More importantly, it gives you some attractive financing options. If your purchase remains under $1,000, you may qualify for a six-month, interest-deferred period in which you only have to make minimum monthly payments.

Also, if your qualifying purchase amount runs from $1,000 to $1,999.99, you can have 12 months to pay off that amount with the deferred-interest deal.

If you’re making an in-store purchase of $2,000 or more, you can qualify for 48-month financing at a 6.99% APR. There aren’t any penalties for paying off that amount beforehand.

How to Apply for Lumber Liquidators Credit Card

  • Visit the Lumber Liquidators Credit Cards website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.

Read: Marvel Credit Cards 2020: Everything You Need to Know

How Lumber Liquidators Card Compares to Similar Cards

As with many store credit cards, there are often better credit cards out there. For people who need six or 12 months to pay off their flooring purchases, this credit card could be a good option if you make all your payments on time and can finish paying off the balance before the higher interest rate kicks in.

But other bank credit cards offer a better deal for cardholders. They can provide no-interest or low-interest introductory periods, or other perks like cash back or travel miles.

If you don’t have a solid credit history though, this card might give you a chance to rebuild your credit score. Store cards like this are generally easier to get than bank credit cards, even if your credit isn’t great.

So, if you can’t get another card and you don’t have the money to pay for your flooring up front, this might be a good solution for you. Just be certain to pay off the balance before your deferred-interest period is up. And never send a late payment.

Bottom Line

The deferred interest might be a good deal for you – but it could easily be a bad one. If you’re diligent about paying bills, and you know you could chip away at the monthly total before your six or 12 months were up, you might want to consider the Lumber Liquidators credit card.

But if you’re not as disciplined, you might want to avoid this card and its long-term high APR.

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