Can you know your exact Wayfair credit card approval odds? Although Wayfair — and the bank that manages its credit account, Comenity — doesn’t disclose specific credit approval requirements, your chances of approval when applying for a Wayfair Card depend on the overall health of your credit. High account balances and delinquent accounts will decrease your chances of approval, while on-time payments and low revolving balances can increase them.
Wayfair Credit Card Approval Odds & Requirements
Wayfair is an online store specializing in home goods. On its website, you’ll find affordable furnishings, decor, and appliances that can be delivered to your door.
Wayfair offers a proprietary credit card that allows customers to open a line of credit with the store and earn special rewards. For example, you’ll get $40 off your first order of $250 or more when you open a Wayfair Card. You’ll also earn 3% back in Rewards Dollars on qualifying purchases.
Wayfair Card Application Process
Applying for a Wayfair Card is simple. You can start an application online (paid partner link) or apply over the phone by calling (866) 513-5795. You’ll need to submit some personal information, including your full name, address, Social Security number, and employment and income details.
Wayfair Credit Card Requirements for Approval
Here are the Wayfair credit card requirements. The Wayfair Card is backed by Comenity Bank, which determines the specific qualifications for credit and promotion eligibility. When you apply, Comenity will access and analyze your credit, including your account balances, payment history, and credit score, as disclosed in the financial terms of the account.
Is there a Wayfair credit card credit score? No. But although Comenity does not have a specific minimum credit score for approval, getting approved for a Wayfair Card will depend on the overall health of your credit history — not just the numerical score. Factors that can decrease your odds of approval include:
- High outstanding balances on current accounts
- Multiple credit inquiries in a short period of time
- Unpaid or delinquent accounts
On the other hand, having low balances on your accounts, a history of paying your bills on time, and good credit diversity can increase your odds of approval.
Depending on your individual circumstance, the bank may instantly pre-approve you for a Wayfair Card, or you may be subject to a seven- to 10-day waiting period. In some cases, the bank may contact you directly to ask for additional information and verification.
Now you know more about your Wayfair credit card approval odds, though it’s not possible to give you a definite answer. We wish we could provide an exact Wayfair credit card credit score. Rather, your chances for approval when applying for a Wayfair Card depend on the overall health of your credit. Comenity Bank does not have a specific minimum credit score for approval. Instead, it will look at your current account balances, payment history, and more.
For more on Wayfair, see our articles: Furniture Stores with Easy Credit Approval (Wayfair, etc.) and Wayfair Shopping Cart Trick: How to Use It & What to Know Beforehand.