Fingerhut FreshStart Credit Account review | finder.com

Fingerhut FreshStart® Credit Account review – December 2018

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Fingerhut FreshStart® Credit Account Learn more Apply now

Don't worry, clicking "Apply now" won't leave a mark on your credit report. It may only appear on your report after you submit an application.

What happens when I click Apply now?
  • Clicking Apply now will take you to your online application on the bank's website. You do not need to be an existing customer of this bank to apply.
  • Your application will typically take you no more than 10-15 minutes to complete
  • Once approved, you will typically receive your credit card within 1-2 weeks
Click here to start your application >>

A line of credit for those looking to build their credit scores while buying name-brand merchandise.

30-second take

  • Get this card if you want to build your credit while shopping for name-brand merchandise.
  • Pick something else if you want a credit card you can use widely with other merchants.
  • Apply if you’re trying to build your credit score. Note that approval isn’t guaranteed.
Product NameFingerhut FreshStart® Credit Account
APR (Annual Percentage Rate) for PurchasesSee issuer's website
Interest Free PeriodUp to 24 days
Late Payment FeeUp to $14.9
Returned Payment FeeUp to $25
Additional Cardholder Fee$0
Rates & FeesRates & Fees
Minimum Age18 years of age
Apply now
*See complete WebBank/Fingerhut FreshStart® Credit Account Terms and Condition. https://www.fingerhut.com/content/FHTCreditTC

The basics

You can apply for credit from Fingerhut through the application form on the retailer’s site. Depending on your credit profile, you may get access to a Fingerhut FreshStart® Credit Account, which is an installment loan.

The Fingerhut FreshStart® Credit Account allows you to buy items from Fingerhut and pay them off over six or eight months, but you’ll have to make a down payment.

The perks

  • No annual fee.*

    Similar accounts charge a monthly or annual fee, but you don’t have to worry about paying either to keep this account open.

  • You may qualify with a lower credit score.

    If your credit has seen better days, you may still be approved for a Fingerhut FreshStart® Credit Account. The program is designed for those seeking to improve their credit scores, and some customers have said they were approved with no credit history. Of course, approval is never guaranteed.

  • Good customers are rewarded.

    If you pay off your first purchase within six payments — with no late or incomplete payments — you could qualify for the WebBank/Fingerhut Advantage Credit Account. You may also receive a higher credit line.

  • Low monthly payments.**

    Depending on your purchase volume, you could have a low monthly payment if you apply and are approved for a Fingerhut FreshStart® Credit Account. Accounts are issued by WebBank, who determines eligibility and qualifications for the terms of credit.

Here's an example of monthly payments

Once you make a one-time purchase of $50 or more on Fingerhut, you’ll need to make a $30 down payment. Afterward, you’ll pay off the purchase in six to eight monthly payments, including finance charges.

This is an example payment structure from Fingerhut’s terms and conditions.

Cash price of product$50$100
Down payment$30$30
Finance charge$1.79$6.25
Terms of repayment6 monthly payments of $3.636 monthly payments of $12.71

According to Fingerhut, these are estimated monthly minimum payments. Your actual payments may be different after you’re approved for your credit account.

You’ll also like …

  • Immediate access.

    As soon as you’re approved, you can begin using your account.

  • Reports to credit bureaus.

    According to Fingerhut, your payment history is reported to credit bureaus. This can help you grow your credit score and build your buying power.

Apply now

What to watch out for

  • Potentially high APR.

    You may receive a purchase APR that’s much higher than the typical credit card APR of around 16%. See issuer’s website for terms and conditions.

  • Late and returned payment fees.

    For each late payment, you’ll incur a fee of $14.9.

    For each returned payment, you’ll incur a fee of $25.

  • Terms apply to graduate to a revolving-credit account.

    You’re not eligible for the WebBank/Fingerhut Advantage Credit Account if you pay off your entire balance at the same time you make your down payment.

Consider other cards if …

  • You want a card you can use widely.

    The Fingerhut FreshStart® Credit Account is only good for purchases at Fingerhut. If you want to use your card at a variety of locations, consider a credit card that isn’t tied to a specific merchant.

  • You want another option to rebuild your credit.

    You may want to explore secured credit cards, which you may qualify for with less-than-stellar credit. It takes a security deposit to get one, so there’s a better chance of approval than you’d have with an unsecured card. Your payment history will typically be reported to the major credit bureaus — TransUnion, Experian and Equifax.

    Another option you may want to look into is a store credit card. Though you can use it only with a retailer’s specific network, your payment history is usually reported to the bureaus.

Compare credit cards

Name Product Filter values Annual Fee APR for Purchases (Purchase Rate) Intro APR for Balance Transfer
$0
16.99% to 25.74% variable
0% for the first 15 months (then 16.99% to 25.74% variable)
0% intro APR for 15 months from account opening on purchases and balance transfers.
$0
14.99% to 25.99% variable
0% for the first 15 months (then 14.99% to 25.99% variable)
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & Fees
$0
16.99% to 25.74% variable
0% for the first 15 months (then 16.99% to 25.74% variable)
0% intro APR for 15 months from account opening on purchases and balance transfers.
$0 annual fee for the first year ($95 thereafter)
17.99% to 24.99% variable
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
$95
14.99% to 25.99% variable
0% for the first 12 months (then 14.99% to 25.99% variable)
Earn $200 bonus cash back after you spend $1,000 on purchases in the first 3 months. Rates & Fees
$0
14.99% to 25.99% variable
0% for the first 15 months (then 14.99% to 25.99% variable)
Earn up to $250 back. Earn $150 back after you spend $1,000 or more in purchases with your new card within the first 3 months of card membership. Plus, earn an additional $100 back after you spend an additional $6,500 in purchases within your first 12 months. Rates & Fees
$450
17.99% to 24.99% variable
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
$550
None (Charge Card)
Get 5x Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5x points on eligible hotels booked on amextravel.com. Rates & Fees
$0
13.99% variable
0% for the first 15 billing cycles (then 13.99% variable)
A low, variable APR on purchases, balance transfers and cash advances.
$0 annual fee for the first year ($89 thereafter)
17.99%, 21.99% or 24.99% variable
0% for the first 12 months (then 17.99%, 21.99% or 24.99% variable)
Enjoy 70,000 bonus miles after spending $5,000 on purchases in the first 90 days.
$0
14.99%, 18.99% or 24.99% variable
0% for the first 15 months (then 14.99%, 18.99% or 24.99% variable)
Earn unlimited 1.5% cash rewards on purchases. See Rates and Fees.
$0
12.99%, 16.99% or 20.99% variable
0% for the first 18 months (then 12.99%, 16.99% or 20.99% variable)
An 18 months 0%% Intro APR period on both purchases and balance transfers, plus zero foreign transaction fees, makes this is a strong well-rounded card. See Rates and Fees
$0
16.24% to 22.24% variable
1.99% for the first 6 monthly billing cycles (then 16.24% to 22.24% variable)
1% cash back to the nonprofits, K-12 schools, colleges and religious organizations of your choice.
$0
17.74% to 26.74% variable
Earn 10,000 bonus miles after spending $500 in purchases on your new card in your first 3 months of card membership. Rates & Fees
$0 annual fee for the first year ($95 thereafter)
17.74% to 26.74% variable
30,000 bonus miles after you use your new card to make $1,000 on purchases within the first 3 months. Rates & Fees
$0 annual fee for the first year ($95 thereafter)
17.74% to 26.74% variable
Enjoy a $0 annual fee on the first year and earn up to 2 Starpoints® for every dollar of eligible purchases. Rates & Fees
$95
17.74% to 26.74% variable
Earn 125,000 Hilton Honors™ Bonus Points after you spend $2,000 or more in purchases with your new card within the first 3 months of card membership. Rates & Fees
$0
17.74% to 26.74% variable
Earn 75,000 Hilton Honors™ Bonus Points after you spend $1,000 in purchases on the card within your first 3 months of card membership. Rates & Fees
$495
16.99% variable
0% for the first 15 billing cycles (then 16.99% variable)
Receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
$195
16.99% variable
0% for the first 15 billing cycles (then 16.99% variable)
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
$995
16.99% variable
0% for the first 15 billing cycles (then 16.99% variable)
Earn points every time you spend. Luxury Card enhances your purchasing power by providing you with one (1) point for every one dollar ($1) you spend. Every purchase gets you closer to the rewards you want.
$75 annual fee for the first year ($99 thereafter)
23.9% variable
The Indigo® Platinum Mastercard® Credit Card is specifically designed for those with less than perfect credit.
$75 annual fee for the first year ($48 thereafter)
29.99% fixed
The First Access Card is a true VISA® credit card that does not require perfect credit for approval.
Up to
19.99% to 25.99% variable
Get 1% cash back rewards on eligible purchases including gas, groceries, and services such as mobile phone, internet, cable and satellite TV, terms apply.
$35
19.39% variable
A secured Visa® credit card that helps you build your credit quickly.

Compare up to 4 providers

Apply now

What should I know before I apply?

You can get all of the information needed from the Fingerhut website before you apply.

Eligibility criteria:

  • You’re at least 18 years old
  • You have a valid Social Security number

Required documents:

  • Your name and current residential address
  • Your phone number and email address
  • Your date of birth and Social Security number
  • Amount of available income

What credit score do I need?

The Fingerhut FreshStart® Credit Account is designed for customers who are rebuilding credit. You won’t find a specified minimum credit score on Fingerhut’s website.

Apply now

What do customers say about the Fingerhut FreshStart® Credit Account?

Many customers say they’ve seen their credit scores increase after using the Fingerhut FreshStart® Credit Account. However, some customers mention it’s important to make payments on time to not jeopardize one’s chances at a WebBank/Fingerhut Advantage Credit Account.

Fingerhut’s parent company, Bluestem Brands, Inc., has a B+ ranking with the Better Business Bureau and is accredited with it. Bluestem Brands, Inc., at the time of writing, has over 2,400 customer complaints regarding difficulty with making payments, finance charges, unsolicited marketing and poor-quality merchandise.

How to apply for the Fingerhut FreshStart® Credit Account

  1. Visit the Fingerhut website and click Shop now.
  2. Click Apply now on the next page.
  3. Fill out the application with details like your name, email address, Social Security number, annual income and date of birth.
  4. Review and submit your application.

I got the card. Now what?

  • Make on-time payments.

    Making payments on time gives you a chance at graduating to the WebBank/Fingerhut Advantage Credit Account.

  • Avoid fees.

    Late payments come with fees of up to $14.9. Returned payments come with fees of up to $25.

  • Contact customer service.

    If you have any questions, you can call Fingerhut customer service at 1-800-208-2500 — Monday through Friday, 8 a.m. to 8 p.m. CT.

Bottom line

If you’re looking to buy merchandise while potentially making low monthly payments, the Fingerhut FreshStart® Credit Account could be an asset. As with any credit card or line of credit, read the fine print and shop around to find a card that fits your spending habits and financial health.

Must Read: Disclaimer

**If you apply and are accepted for a Fingerhut FreshStart® Credit Account issued by WebBank, who determines eligibility and qualifications for the terms of credit.

*See complete WebBank/Fingerhut FreshStart® Credit Account Terms and Condition. https://www.fingerhut.com/content/FHTCreditTC

Frequently asked questions about the Fingerhut FreshStart® Credit Account

Kevin Joey Chen

Kevin Chen is a world-travelin', copy-writin', Game of Thrones-watchin' credit cards writer for finder.com. When he's not crunching the numbers on bonus points and comparing APRs, you can find him flying around the world in search of the perfect beer.

Was this content helpful to you? No  Yes

US Credit Card Offers

Important Information*
Deserve® Classic Card
Deserve® Classic Card

APR

24.49
variable

Annual fee

0 For the first year
More info
Luxury Card Mastercard® Gold Card™
Luxury Card Mastercard® Gold Card™

APR

16.74
variable

Annual fee

995 For the first year
More info
First Access Visa Card®
First Access Visa Card®

APR

29.99
variable

Annual fee

75 For the first year
More info
Indigo® Platinum Mastercard® Credit Card
Indigo® Platinum Mastercard® Credit Card

APR

23.9
variable

Annual fee

75 For the first year
More info

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

10 Responses

  1. Default Gravatar
    KiaSeptember 17, 2017

    I applied for a fingerhut card and was denied is there a difference between a regular card and the fresh start program

    • finder Customer Care
      HaroldSeptember 19, 2017Staff

      Hi Kia,

      Thank you for your inquiry.

      WebBank/Fingerhut Advantage Revolving Credit Account and the WebBank/Fingerhut FreshStart Installment Loan. These accounts may require a down payment. If you do not qualify for a WebBank/Fingerhut Advantage Revolving Credit Account, they will attempt to qualify you for a WebBank/Fingerhut FreshStart Installment Loan. Hence, the Advantage Credit Account is a line of credit, and the FreshStart program is an installment loan paid back over time.

      I hope this information has helped.

      Cheers,
      Harold

  2. Default Gravatar
    JulioJune 10, 2017

    I went into bankruptcy last year, I wonder because I use to be a member of your store can I get a second chance.

    • Default Gravatar
      LiezlJune 18, 2017

      Hi Julio,

      Thanks for reaching out. Just to confirm though, you have reached finder.com -a comparison website and general information service, not actually Fingerhunt.

      To know if you’re still eligible to renew your account, kindly contact Fingerhunt directly by clicking the “Go to WebBank’s Website” button. You can find their contact information under Customer Service tab.

      Alternatively, you can check this page for a list of lenders who might be willing to consider you for a second chance.

      I hope this has helped.

      Kind regards,
      Liezl

  3. Default Gravatar
    ScottieMay 22, 2017

    what items are available for me to buy?

    • finder Customer Care
      AnndyJuly 3, 2017Staff

      Hi Scottie,

      Thanks for your question.

      There are numerous categories of items that you can buy at Fingerhut website using this card. Fingerhut sells home furniture, clothing, tools, toys, electronic items, outdoor gears, appliances and more.

      Cheers,
      Anndy

  4. Default Gravatar
    AngelaApril 18, 2017

    I was accepted for a $250 credit limit. I don’t understand about the$30 one time fee. Please explain.

    • finder Customer Care
      HaroldJuly 11, 2017Staff

      Hi Angela,

      Thank you for your inquiry.

      While we do not represent any company that we feature on our pages, we can offer you a general advice. With Fingerhut FreshStart Credit Account I don’t think they have “one time fee”. You may be referencing with “$38 Returned Payment Fee”, this is for late and returned payments depending on the state of your residence.

      I hope this information has helped.

      Cheers,
      Harold

  5. Default Gravatar
    RebeccaFebruary 25, 2017

    Can someone tell me? Actually why, when I place my first order on my finger hut fresh start account,No one has accepted my credit card $30 down payment. Would think I might have put something wrong on my account. I would like some figure. Can someone please help me out with this problem. Thank you

    • Default Gravatar
      JonathanJuly 30, 2017

      Hello Rebecca,

      Thank you for your inquiry.

      There are variety of factors why your card may not be accepted. However, the common non-acceptance is because credit Cards are not accepted for payments with the FreshStart® Program.

      Fingerhut FreshStart® credit account issued by WebBank is an installment program. Once approved, you would make a one-time purchase that is a minimum of $50.00 (includes shipping and handling and taxes) and a maximum of your approved credit limit. Afterwards, a $30.00 down payment is required for your order to ship and to continue with the program. This amount will be deducted from your order total. Orders where the down payment is not made in time will be cancelled. The down payment can be made with the following methods of payment:

      – Debit Cards
      – Money Orders
      – ACH or Paper Check
      – CheckFree
      – MoneyGram Payments

      Next is to pay the balance off monthly on-time. Once done, you will be rewarded with a WebBank/Fingerhut Advantage Credit Account that will have a higher credit limit and no down payments.

      You may want to check the T&Cs of this product or speak to their Customer Service for further clarification.

      Hope this helps.

      Cheers,
      Jonathan

Go to site