Fingerhut Credit Card Review

fingerhut-logoCatalog & online retailer Fingerhut, in partnership with WebBank, offers two types of credit programs, each based upon your credit history and each offering slightly different terms. Either way, you’ll want to be careful. Our overview / review of the Fingerhut financing options is below:

The first thing to know about these credit cards is that they are only accepted by Fingerhut. You can not use them at any other stores. We are sometimes leery of opening a credit line for a single retailer, especially for a card with a high interest rate and no rewards.


That said, Fingerhut customers are often consumers who’ve had trouble being accepted for other cards, which means sometimes your choices are more narrow. If that’s you, here’s what you may be able to get:

  • The standard Fingerhut Advantage Credit Account is like any other store credit card. You can use it to buy whatever you like from Fingerhut, and you can revolve your payments, meaning you don’t have to pay the full amount each month. Credit lines usually start at $300 to $800, though the line can be increased by Fingerhut if they are OK with your use of the card. But this card comes with an astronomical 29.99% interest rate! You need to pay off your full balance every month or you’re going to be paying a good bit of interest on top of the purchase price of your items.
  • Fingerhut also offers what it calls the FreshStart Credit Account for those with bad credit or no credit history. This program essentially makes you buy one item and pay for it in an installment arrangement before upgrading you to the standard Fingerhut Advantage credit card described above. What that means: You buy something from Fingerhut priced at $50 or more and you put down an initial down payment of $30 on that purchase. You are then put on a regular payment schedule in which you make monthly payments until that purchase is paid off. Assuming you make all your payments on time and in full, you will get the Fingerhut Advantage credit card with a higher credit limit and you will no longer need to make down payments on your purchases.

If you want to apply for Fingerhut credit, you’ll find an application here.

If you have bad credit or no credit, though, you might also consider getting yourself a secured credit card with a major bank that will help get you on the right path to a good credit score and eventually allow you to have a standard credit card. See our Secured Credit Cards section to understand how these cards work and to see current offerings.