Summit Racing Equipment SpeedCard Review 2021 Update

Summit Racing Equipment SpeedCard is a store credit card issued by Synchrony Bank. If you’re wondering whether Summit Racing Equipment Speed Card is the right card for you, read on to find out.

Summit Racing Credit Card is a Car Care credit card which is offered by Synchrony financial service company. The summit racing credit card helps to speed up and boost your racing car performance.

It gives you promotional financing options on qualifying Summit Racing shopping. You can do online payment or at retail locations in the USA.

About Summit Racing

Summit Racing Equipment is the biggest mail order vehicle performance equipment and after-market product company, offering parts for all kinds and makes of vehicles from race cars to SUVs. Established in 1968, the company has grown steadily thanks to its diverse product range and low prices.

They are mainly based online and from the catalog, though there are 3 retail locations in the US.

Summit Racing Equipment SpeedCard

The Summit Racing Equipment SpeedCard is a branded store card offered by Summit Racing, which offers cardholders a number of special financing options for purchases made with Summit.

If you spend over $299 on a single order, then you get 180 days interest-free, and if you spend over $1,000 on a single order then the interest-free period is 360 days.

This is the primary advantage of having this credit card – there are no rewards and points schemes available, just these simple no-interest deferred payment options.

The standard rate of interest for the Summit Racing Equipment SpeedCard is high, so you are advised to pay off at least the majority of your balance before the interest-free period is over.

Summit Racing Equipment Speed Card Pros and Cons

Pros:

Special financing options available.
Summit Racing Equipment Speed Card® reports to multiple credit bureaus.

Cons:

High-interest rates.
It does not offer a signup bonus.
It does not offer rewards or cashback.
You don’t earn rewards on every purchase.
It does not include many credit card rewards.

Summit Racing Equipment Speed Card® Fees

Fees	Amount
Annual Fee
Returned Payment Fee	up to $28
Late Payment Fee	up to $39

How to Apply for Summit Racing Credit Card

Read their Terms and Condition ( rates, fees, and other cost information) Before filling the application.
Step 1:

First access online application here on synchrony official website summit racing credit card application.

Step 2:

Fill in Your personal information and contact information :

First Name*
Middle
Last Name*
Mailing Address*
Apt
Zip Code*

If you have any joint partner to the account then there is an option to tick it.

Step 3:

Select a Statement Delivery Method (Electronic Statements recommend method is )

Step 4:

There is one Optional Card Security option for you. You will get more benefits using the optional card.
Ex: if these events occur

Unemployment
Leave of absence
Disability
Hospitalization
Nursing homestay
Loss of Life

Then you can Cancel your entire balance (or monthly payments) up to $10,000. (lot of Credit card companies don’t offer this facility to the credit card customer )The Optional Card Security facility charges $1.66 for $100 each end of the billing month.

Step5:

If you are planning to get the Optional Card Security option then read the agreement carefully. And continue the application.