Credit Card Review & Application
|APR on Purchases:||0.00% (fixed)*|
|Card Issuer:||Other Issuers|
|Card Network:||Other Networks|
|Card Category:||Consumer (Shopping)|
|Card Type:||- Card for Bad Credit|
- Guaranteed Approval
- Instant Decision Card
- Shopping Card
|Credit Needed:||Bad Credit OK*|
The Luxe Signature Merchandise Card starts with a very straightforward eligibility check on its website. You fill out the basic information, you submit the application, and you learn if you are eligible. If you are, the card issuer, Hutton Chase, will guarantee approval contingent that the monthly account maintenance fee is paid when the account is approved.
This is a line of credit that allows individuals to shop online in an exclusive store. It starts out with a generous credit limit and there is absolutely no interest for the life of the club membership. However, the products that are purchased do require a small down payment before it can be shipped. After it is shipped, the balance for that product is paid off over a five-month period.
Here is how it works when products are purchased. If you decided to purchase an Apple iPad from the online store, you could receive a money-saving discount, including the shipping costs that must be paid. For example: the iPad has a regular price of $499. You will need to pay the total for the day of $45.70, the $20 shipping charge, and a $200 down payment on the iPad. The remaining total, which is your credit amount, is $174.30. This total is divided over a 5 month period. This means you will pay $34.86 per month for five months and then the iPad is paid off. The total paid when you have paid it off is $440 and that includes shipping. The total discount for the iPad is around 12 percent and that includes the shipping costs. In other words, you pay $420 for the iPad itself and that steepens the discount on the item itself.
You can purchase items from some of the top electronics to jewelry. It is important to note that your monthly membership fee is charged in addition to any payments that you may be making. If you purchase multiple items from the online store, the monthly payments will be added together to create your total monthly payment. As products are updated, you will find some of the latest items that you want. The store is always adding new name-brand products to their inventory so that members always have a choice of some of the top items.
There is a return policy to be aware of. If an item is defective, then it can be returned. However, items that are not defective and have been opened cannot be returned. If the product hasn�t been opened, then Hutton Chase will allow for the item to be returned within 30 days. Nonetheless, they ensure that defective products are truly defective and verify that customer tampering or misuse didn�t cause the malfunction. If the item is declared dead on arrival by the customer and Hutton Chase receives it and it is working, they will charge a restocking fee. If the item is damaged due to customer misuse or tampering, then a higher restocking fee is charged based on a percentage of the purchase price because the item may not be able to be resold. If an item is to be returned, it needs to be sent back within 30 days. In order to know what to do in a return situation, you can call Hutton Chase to get the answers.
As for any fees that are associated with the account, you have the NSF fee for when funds are insufficient when a payment is made. You also have a late fee that can vary by state. These are the only two penalty fees that can be applied to the account other than the restocking fees that could result from returns. If returns are done in the right way, then there should be no worry about those fees being assessed. The only other fee is the monthly account maintenance fee that is charged each month on the monthly anniversary date of the account. This fee is also charged on the day that the account is opened and continues to be charged through the life of the account. It is a low fee that can largely be offset by the percentage of savings on merchandise purchases.
The review prepared by CreditCardsCo™. Opinions expressed therein are solely those of the reviewer.
|Other Benefits:||*See Terms & Conditions of the card|
|Online Account Access:||Yes|
|100% Guarantee Approval:||Yes|
|APR on Purchases:||0.00% (fixed)*|
|Min Credit Line:||$500|
|Max Credit Line:||$1,500|
|Late Payment Fee:||N/A*|
|Additional Fees||- NSF: $10|
- An Account Maintenance fee of $20 per month will be paid on the first day of your account is approved and on each monthly anniversary date thereafter.
- Late Fees: *See Terms and Conditions of the card
See T&C of Card for other fees* -
You may also be interested in:
* The information provided for DeLuxe Signature Shopping Credit Card is believed to be accurate at the time of evaluation (May 6, 2020). We strongly advise visitors to review the terms and conditions to verify accuracy of the information and fees posted prior to applying for the product.