5 Things You Must Know About the IKEA Visa Credit Card
Learn the difference between the IKEA Visa Credit Card and the IKEA Projekt Card. What's right for who and the overall value of the cards!
9 min read | Cards
Many people are very interested in having a solid IKEA credit card review, so here it is! A list of everything you should know about an IKEA credit card - see how it stacks up against competitors like Lowes or The Home Depot's credit cards.
Before we reach the 5 facts, check out the main information about the IKEA Visa Credit Card:
Purchase APR: 21.99%
Balance Transfer APR: 26.99%
Balance Transfer Fee: $10 or 5%, whichever is greater
Annual Fee: $0
1. Rewards are Easy to Get
Known for its customer service, IKEA has also tried to infuse hospitality in its credit card by creating something that is fairly easy to earn points with.
Cardholders will earn lucrative perks such as 5% back in rewards per dollar spent on all purchases at IKEA, Taemand, and TaskRabbit. You can also earn 3% back in rewards per dollar spent on dining, grocery, and utility purchases.
The final bucket is a standard 1% back on all other purchases made with this card. Thus giving you quite the opportunity to earn points that can help the interior designer of your home to save some money.
There are currently sign-up bonuses also offered. Like a bonus of $25 off on your first purchase, subject to credit approval.
2. Only Redeemable on IKEA
The ability to earn points if you are a shopper at IKEA is pretty intriguing. However, it's crucial to note that the points you earn can only be redeemed at IKEA.
You can access your "Reward Dollars" online, similar to how you would manage a traditional charge card, or opt to have reward certificates mailed to you. These IKEA certificates are issued in $15 increments.
3. IKEA Visa Credit Card vs IKEA Projekt Credit Card
There is one major difference between the IKEA Projekt credit card and the IKEA Visa card.
Financing.
The reason most people would choose an IKEA Projekt Credit Card is the special financing they have available to new cardmembers.
Usually, the first thing someone does upon purchasing their first home, apartment, or condo, is to refurbish the property.
With the IKEA Projekt credit card, you can receive 0% interest for 6, 12, or 24 months, depending on the size of your purchase. After the initial 0% APR period has ended, the purchase APR will increase up to 21.99%.
The drawback is the IKEA Projekt Card can only be used at IKEA.
The IKEA Visa Credit Card does NOT offer any special IKEA financing, making it lack some luster compared to its counterpart.
Both will also be automatically enrolled in the free IKEA Family program that can give offers up to 15% off to members.
In a nutshell, with no annual fee, this makes the IKEA Projekt Credit Card card a pretty convenient solution for IKEA purchases you'd otherwise be expected to pay all upfront at once.
Here is a quick summary of the cards difference.
| IKEA Visa Credit Card | IKEA Projekt Credit Card |
|---|---|
| For everyday rewards | For larger purchases |
| No special IKEA financing | Pay off a single purchase over time |
| Enrollment into the IKEA Family Program | Enrollment into the IKEA Family Program |
| No 0% interest option | 0% interest up to 24 months |
| Up to 5% back in rewards | No rewards option |
4. Ikea Credit Card Approval Odds
The IKEA Visa is a credit card many reports needing a credit score of at least 670 for best approval chance.
You can easily find your credit score for free and without affecting it by heading over to Experian.com or CreditKarma.com
5. No Annual Fee with Fair Average Yearly Rewards Value
At the bottom of it all, if you are the type that might spend a few thousand on furniture one year, this card is fair for the rewards it delivers.
However, by comparison, there are better options, even if you're about to do a big purcharse on IKEA or no. We suggest you to take a look into Chase Sapphire Reserve and IKEA Projekt Card.
Final Thoughts
The IKEA Visa Card is not the top pick for general users. By comparison, a lot of cash-back cards may be a much better option overall.
Compare the best credit cards in 2025But if you're the type that doesn't particularly like having a revolving balance and want IKEA furniture, may be a good option for you.
It's easy to manage your IKEA credit card online. Simply use the IKEA credit card login to pay bills, view statements, and more.
IKEA Credit Card FAQ
Is the IKEA Family card a credit card?
The IKEA Family card should be used with the IKEA rewards program and it is not a credit card. If you have an IKEA credit card you will automatically be enrolled in the IKEA Family Membership which comes with a bunch of perks.
What bank issues IKEA's cards?
The IKEA Projekt and Visa credit cards are issued by Comenity Capital Bank.
Where can I use my IKEA Visa card?
You can use your IKEA Visa card anywhere Visa is accepted.
Does IKEA credit card give a discount?
Yes. You earn a 5% cash back in rewards for every dollar spent on all purchases at IKEA, Taemand, and TaskRabbit. You also earn 3% back in rewards for every dollar spent on dining, grocery, and even utility purchases.
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