Pearle Vision eye care centers, in partnership with Synchrony Bank, offer a Pearle Preferred credit card that you can use to finance eyeglasses, often at a 0% rate. But watch out for the “gotchas.” Our overview / review of the Pearle Vision credit program is below:
Our first point to make is that the Pearle Vision credit card is only accepted at Pearle Vision, nowhere else. This limited acceptance is a strike against it — adding new credit lines can hurt your credit score, especially in the short term, so we here at Credit Card Catalog think you’re better off with cards that can be used widely, such as Visa, MasterCard, American Express or Discover cards.
That said, the main reason you’re probably thinking of a Pearle Vision credit card is due to the fact that you’ve been offered the chance to buy glasses and finance them at a 0% rate for 6 months. That sounds great, and it could be — provided you completely pay off your purchase within those 6 months. Because if you don’t, it is more than likely your contract will state that you must pay ALL of the interest that would’ve accumulated since the date of purchase at the card’s normal interest rate of, drumroll please, 29.99%!!!
You do not want to pay that kind of interest! So be sure you know what you’re getting yourself into!
There is no reason to apply for the Pearle Vision credit card until you’re actually ready to make an eyeglass purchase, but you do have the option to apply online.