Does Ikea Have a Credit Card?
We get the question "Does Ikea have a Credit Card" and here's what you need to know!

does ikea have a credit card
james headshot

Digital Consumer

Why you can trust Digital Consumer

More info

While We follow stringent , this article may have links or references to services and products from our partners. See our explanation for .

Does Ikea Have a Credit Card in 2023?

Yes, Ikea Does Have a Credit Card in 2023.

You can apply for the Ikea credit card and use it to make purchases at Ikea stores, plus anywhere else that accepts credit cards as a payment method.

The Ikea credit card is a Visa card, and it has a very generous rewards option for people who shop at Ikea.

In fact, if you’re planning to make any sizable purchases at Ikea, it might be worth it to apply for this card before making your big purchases.

ikea credit card

Ikea is a massive brand of furniture stores who make and sell a huge selection of furniture and household items, including appliances, and everything else you need for any room in the home.

Ikea was founded in 1943 in Sweden, and is headquartered in the Netherlands.

Ikea was founded by Ingvar Kamprad, and today it’s a massive multinational conglomerate.

You can go into an Ikea store and buy a decent, cheap lunch and a few odds and ends or you can end up spending thousands and thousands of dollars.

Anytime people are making large purchases, especially places where they’re using credit cards, there’s an opportunity for larger stores to try to create their own store credit card in order to earn a bit more from each sale.

Running a credit card can be very profitable, anyone who has ever had to pay a 10, 15, or 20%+ interest rate can attest to this.

Oftentimes with store cards, they’ll partner with an existing bank or credit card company and they’ll put their logo on the card, while acting as a place to recruit new members and refer new subscribers to sign up for the card.

Since a lot of Ikea customers will make large purchases that often need to be financed, it makes sense for Ikea to offer a store card to benefit from the financing on those purchases.

Ikea makes money for selling the items, and also earns money no the financing side, if they offer a store card.

It can be worth it for Ikea customers, too, who may get extra incentives for using their card at Ikea.

We’ve researched whether or not Ikea has their own store card, and what you can expect from this card, along with some additional helpful information about shopping at Ikea.

does ikea have a credit card

Should You Apply For The Ikea Credit Card?

If you do a lot of shopping at Ikea or you’re planning a big shop for a big home refresh, applying for this card might be a great way to save some money, especially if you would benefit from the other rewards offered by this card.

There’s no annual fee, which is always a big plus, since you won’t feel pressured to buy more stuff on the card to “get your money’s worth”.

If you would normally pay with debit for purchases like this, that may still be your best bet, since even with a great rewards program with the Ikea visa card, interest payments will surpass any benefits very soon if you aren’t paying it off right away.

So, if you will be paying off your Ikea credit card often and not carrying a balance, you can save a lot of money on anything you buy at Ikea, including things you buy at other stores, too.

Earn Rewards With the Ikea Credit Card

Here’s a breakdown of the benefits on the Ikea Visa credit card. You’ll earn…

  • 5% back on everything you spend at Ikea
  • 3% back on everything you spend at restaurants, grocery stores, or utility bills
  • 1% back on everything else you spend with this card

That’s a fantastic rewards program for a card with a $0 annual fee, especially if you shop at Ikea.

Also, the really huge benefit to the rewards on the Ikea credit card is that there aren’t spending caps. On many cash back cards, once you’ve hit a certain cap, your cash back will either end or it will be reduced, making the card less valuable for people who spend anything beyond the cap.

Having no cap means you’ll get the same cash back rewards on your Ikea card whether it’s the first $1 you spend, or if you spend $10,000 per month.

But there’s a bit of a catch…

While it’s referred to as “cash back”, you’re actually paid in the form of a voucher that you can spend at Ikea. So, instead of getting actual cash, you’re earning vouchers that can be redeemed at Ikea stores, which is how Ikea is able to offer such high percentages for their “cash back” rewards, for lack of a better term.

Also, these vouchers expire within 45 days, and are redeemed automatically in increments of $15, so if you’re making some major purchases at Ikea on this card, you might want to pick a few items and hold off on buying them, so that you can make a second trip to purchase them with your rewards vouchers.

ikea credit card


Ikea does have a credit card and it’s a Visa. It has no annual fee, and it has one of the most generous rewards programs.

You’ll earn 5% in rewards for every dollar you spend at Ikea, and you’ll need to redeem your rewards vouchers within a month and a half before they expire. You’ll also get 3% back on many other purchases, and 1% on everything else.

This adds up to a lot of free stuff from Ikea as long as you’re using this card on a regular basis.

If this is manageable to you and you’re happy to get a lot of vouchers to spend at Ikea, instead of an alternative card that might give you 1-2% in cash back or rewards and may or may not have an annual fee, then the Ikea Visa is a great option.

If you have a big home reno project coming up, a little bit of planning ahead can end up saving you 5% off the cost of any household items, appliances, and even installation services you may need from Ikea.