I plan on making a large purchase on Newegg in order... - Other Questions

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Other » I plan on making a large purchase on Newegg in order to build my own gaming computer, because my old one is...

I plan on making a large purchase on Newegg in order to build my own gaming computer, because my old one is too slow for me. I don’t currently have all the cash to make this purchase so I was looking into the Newegg credit card. Do you think this is a good card for me to make my purchase with or do you have other recommendations?

Answered on

The Newegg credit card is a fairly basic credit card that is similar to any store card with an exclusive financing offer. With a Newegg Preferred account, the only real benefit you get is the ability to partake in one of Newegg’s no-interest financing offers. The only problem with these offers is that there is a catch to them. If you decide to choose a no interest financing plan, you only receive the no- interest offer if all of your payments are made on time and within the allotted amount of time in the agreement. If you miss a payment or don’t pay off the full balance in the timeframe agreed upon, you are stuck with paying the interest all the way back to the original purchase date at an APR of 29.99%. What I would recommend is that you skip the Newegg store card, and apply for a general bank card that comes with an introductory APR of 0% on purchases, and make your purchase with that.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
Our application is quick and easy with instant pre-qualification available
For Fair / Good Credit

Other Questions in
Other