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Monroe & Main Credit review

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Use this revolving line of credit to pay off items in up to 47 months.

  • Get this credit if you often shop at Monroe & Main.
  • Pick something else if you want a line of credit you can use at other stores.
  • Apply with a poor to fair credit score of 300 or higher.


Annual fee

5.75% to 23.99%

Purchase APR (fixed)


Recommended credit score


Product NameMonroe & Main Credit
Card typeStore card
Annual fee$0
Purchase APR5.75% to 23.99% fixed
Balance transfer APRN/A
Interest free periodUp to 25 days
Late payment feeUp to $15
Returned payment feeUp to $25

The basics

Monroe & Main is a shopping order catalog for clothing, shoes, handbags, accessories and jewelry. With its revolving line of credit, you can purchase items at the store and pay them off in up to 47 months with monthly payments as low as $20.

To apply for the credit just select the items you want to purchase and proceed to checkout. You can either choose to sign up for a Monroe & Main account or check out as a guest.

Submit your address, phone number and any other required information and select Monroe & Main Credit at the payment page. Provide your Social Security number and date of birth and place your order.

The perks

  • No annual fee.
    You don’t have to pay anything to get Monroe & Main Credit.
  • Low monthly payments.
    Depending on your balance, you can get a minimum of $20 monthly payment.
  • Quick approval.
    It may take up to 24 hours to get your approval. Monroe & Main will reach out should they require any additional information.

You’ll also like

  • Build your buying power.
    Increase your credit line with timely payments.
  • Balance payment options.
    You can pay your balance by signing up online at the Monroe & Main website; by phone at 800-810-7412 or by mail at Monroe & Main, PO Box 2839, Monroe, WI 53566-8038.

What to watch out for

  • High cost for long-term credit.
    If you have a large balance with 47 months to pay it off, you’ll often pay the highest cost. For example, a balance of $1,800 with 47 monthly payments of $60 could end up costing you a total of $2,820. But a balance of $200 with 12-month payments of $20 will cost you $240.
  • Does not report to personal credit.
    This means your timely payments won’t be rewarded with a credit score improvement. A secured card could be better suited for that.

Compare store credit cards

Name Product Filter values Annual fee Purchase APR Recommended minimum credit score
24.9% variable
A no-annual-fee credit card and discounts when you shop at Target.
29.99% fixed
Build your credit history with low monthly payments.
29.99% fixed
Get access to purchase items in the Fingerhut store with no overlimit fees.
5.75% to 23.99% fixed
Buy now, pay later — low monthly payments make shopping easier
5.75% to 23.99% fixed
Buy now, pay later with payments as low as $20 a month.

Compare up to 4 providers

Bottom line

Monroe & Main shoppers may find good use for the Monroe & Main Credit. The credit will allow you to pay your balance in up to 47 months with low monthly payments. However, since paying your balance on time won’t improve your credit score, you might want to consider other options.

If you want a revolving line of credit to use at specific stores, check out other store cards and compare your options.

Frequently asked questions

Images: monroeandmain.com

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