USES

IKEA® Visa® Credit Card Review

IKEA® Visa® from Comenity Bank — all information about the credit card.

Updated January 19, 2023
Advertiser Disclosure Our Methodology
IKEA® Visa® Credit Card from Comenity Bank
Apply now
Our Rating:
4.95 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 5% Back on IKEA purchases as well as Traemand installation and TaskRabbit assembly services.
    • 3% Back on dining, groceries, and utilities.
    • 1% Back on all other purchases.
  • Intro Offer:
    • $25 Off your first IKEA purchase of $25 (or more) the same day you open and use your IKEA Visa card.
    • $25 In IKEA Rewards Dollars when you make $500 in qualifying purchases on your IKEA Visa Credit Card outside of IKEA, Traemand and TaskRabbit within the first 90 days of account opening. Offer is exclusive to IKEA Visa® Credit Card holders enrolled in the IKEA Visa Credit Card Rewards program.
  • Annual Fee:
    $0
  • Purchase Intro APR:
    None
  • Regular APR:
    21.99% Variable
  • Balance Transfer APR:
    26.99% Variable
Show more

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Comenity Bank IKEA® Visa® Rewards Calculator

How do you record your expenses?
Enter your monthly spendings on:
5%
IKEA
$
3%
Dining
$
3%
Groceries
$
1%
All other purchases
$
Have you already recieved the Comenity Bank intro bonus?
How would you like to redeem points?
Calculate
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All benefits

  • Cash back
    • 5% Back on IKEA purchases as well as Traemand installation and TaskRabbit assembly services.
    • 3% Back on dining, groceries, and utilities.
    • 1% Back on all other purchases.

Rate and fee information

  • Purchase Intro APR
    • None
  • Purchase APR
    • 21.99% Variable
  • Intro Balance Transfer APR
    • None
  • Balance Transfers APR
    • 26.99% Variable
  • APR for Cash Advances
    • 23.99% Variable
  • How to Avoid Paying Interest
    • Your due date is at least 25 days after the close of each billing period. You won't be charged interest on purchases if you pay your entire balance by the due date each month.

Fees

  • Annual Fee
    • $0
  • Fees for Balance Transfer
    • Either $10 or 5% of the amount of each transfer, whichever is greater
  • Fees for Cash Advances
    • Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Return Payment
    • Up to $41
  • Late Payment
    • Up to $41
View all Rates & Fees

Pros & Cons

Pros:
  • No annual fee
  • High Rewards Rate
  • New cardholder bonus offer
  • No foreign transaction fees
  • Zero liability
Cons:
  • Above-average APR for purchases and balance transfers
  • Rewards program is slightly complicated

Features

Classic
Visa
Contactless
  • No Annual Fee
  • No foreign transaction fees
  • Fraud Protection
  • Rewards
  • Purchase Protection
  • Good Credit
  • Excellent Credit

About the issuer

Comenity Bank
Comenity Bank has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your

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See Another Credit Cards in the Bank

Comenity Bank IKEA® Visa® is an option for those, who need Classic features. With an APR of 21.99% and $0 annual fee this credit card can easily cover your simple everyday demands. For high approval odds you need to have Good to Excellent (670-799) credit score. With Comenity Bank IKEA® Visa® you will get such features as No Annual Fee, No foreign transaction fees, Fraud Protection, etc. To make sure about either this credit card is good for you or not compare it with other cards with similar features.

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