Review: Hobby Lobby Credit Card

hobby-lobby-credit-cardThe very popular hobby and crafts store Hobby Lobby offers a Visa credit card that you can use to earn rewards toward future Hobby Lobby purchases. Our overview / review of the card is below:

The Hobby Lobby credit card can be used at Hobby Lobby stores as well as anywhere else Visa cards are accepted. This is a plus, because many retail credit cards can only be used at the specific retail chain, while this card is accepted almost anywhere.

The Hobby Lobby credit card offers rewards points based on where you use the card:

  • Earn 5 points per dollar in purchases at Hobby Lobby.
  • Earn 1 point per dollar on any other purchases you make with the card.
  • BONUS: Earn 1,000 points after first use (if within 90 days of getting the card)

Every time you earn 2500 points, you’ll get a $25 gift certificate that you can use toward a future Hobby Lobby purchase.

There is no annual fee for the Hobby Lobby Visa. Unfortunately, you will not know your interest rate for the card until after you’re accepted — and the rate could be a reasonable 13.74% all the way up to a very unreasonable 24.74%. Like almost any rewards credit card, the Hobby Lobby card is only a good idea if you pay off your complete card balance each month; otherwise, the interest you pay will essentially cancel out any rewards you earn.

The Hobby Lobby credit card is issued in partnership with US Bank. You can apply at a Hobby Lobby store or via this online application.