Review: Micro Center Credit Card

micro-center-credit-cardComputer and electronics retailer Micro Center offers a credit card via a partnership with Wells Fargo that allows you to buy on credit and spread your payments out at a 0% interest rate. But if there’s one theme of this overview / review of the card, it is: Read the fine print!

You can only apply for the Micro Center credit card in a Micro Center store, and it can only be used for purchases at Micro Center in store or online.

The Micro Center card allows you buy anything over $240 at a 0% interest rate as long as it gets paid off within 6 months of the purchase. That is nice in that it allows you to spread out your payments on a big ticket item. There is one catch, though — you’d better make sure you can pay off every last cent of the purchase, because, if you don’t, you will get charged all the interest that would’ve accrued since the day you made the purchase, as if the 0% offer had never existed! And the interest rate you’ll pay if that happens? 28.99%. That’s one of the highest interest rates for any credit card, anywhere!

Think hard before you fill out an application for this one!