Ikea Comenity: Increase Your Approval Odds (+ Get Better Rates)

Last Updated: Mar 02, 2023

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We generally only recommend Ikea Comenity if you have at least a 630 credit score (otherwise known as a "fair" credit score). The reason being you can get a relatively high APR if you have a low credit score, plus it will be much harder to get approved.

Is Ikea Comenity a good credit card for me?

Every situation is different, so it's hard to give a blanket recommendation on whether or not Ikea Comenity is the right card for you.

However, they are known to be relatively generous with their reward points & other perks, so it may be worth it. Keep in mind you may have to acquire a minimum amount of points before you are able to redeem them.

Is Ikea Comenity worth it?

There are 100s of different credit card options that are best suited to a wide range of situations. Which makes it hard for us to honestly answer whether or not Ikea Comenity is worth it for you.

We recommend considering the following when looking into getting any credit card (as a starting point at least):

  • Are you a responsible spender? You can quickly get yourself into too much debt if you're not responsible with your credit card
  • Are there are signup bonuses available with this card?
  • What annual fees does it have?
  • Are there penalty APRs?
  • Does it have an interest free period, and if so, how long is it?
  • How does it's APR compare to other cards?
  • How does the rewards/points system work?

What are the approval odds for Ikea Comenity?

The approval odds are going to be heavily dependant on your credit score, income & expenses.

If you have a credit score of 750+, you can basically get approved for most credit cards, including the Ikea Comenity. But if you have a "poor" credit score, it's going to be a lot more difficult.

What credit score do I need for Ikea Comenity?

A general rule of thumb is if you have a "good" credit score (670-739) or above, then you're approval odds are relatively high.

Anything below that and the odds go down, you may be able to get approved with a "fair" credit score, but if you have a "poor" score, then it is extremely unlikely you'll be approved (unless the card is secured).

Improve your credit score BEFORE applying for Ikea Comenity

If your credit score is preventing you from qualifying for Ikea Comenity, we recommend you call one of our friendly credit experts for a free consultation. We'll review your credit report with you (in real-time), and see if there is anything we can do to help your score.

Once we've improved your score for you, you'll be in a much better place to apply & get approval for Ikea Comenity. Not to mention all the other benefits that come with a great credit score!

How to use Ikea Comenity to maximize rewards

Ikea Comenity rewards savvy shoppers with points for purchases made at Ikea and other participating retailers. To increase your point accumulation, use the card to make all of your Ikea purchases as well as any others from eligible stores, then pay off the balance each month to avoid accruing interest fees that would negate rewards earned. Additionally, watch out for bonus reward opportunities such as signing up for an Ikea Family membership or taking advantage of promotional offers.

Assess Your Spending Habits and Needs

Before applying for the Ikea Comenity credit card, consider your individual spending habits and needs. Evaluate which categories you spend most on to determine if this card is beneficial for you. If you frequently shop at stores in the same categories as those offered by the rewards program of this card, it could be advantageous; however, other cards may offer more tailored benefits that fit better with different shopping patterns or preferences.

With any major financial decision, it is important to consider your personal finances. If you have a history of difficulty managing debt or overspending, adding another credit card might not be the best course of action for you. On the other hand, if budgeting and paying off balances in full every month comes easily to you then obtaining a rewards credit card like Ikea Comenity could prove beneficial.

Looking for help with Ikea Comenity?

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