The Havertys Credit Card, issued by Synchrony Bank, helps shoppers finance furniture purchases with promotional financing and flexible monthly payments. If you’re planning a big furniture upgrade but want to spread the cost over time—especially with no interest when paid in full within the promo period—this card may be worth considering.
Before applying, it’s smart to know what credit score is typically needed and how to boost your odds of approval.
Minimum Credit Score for the Havertys Credit Card
While Synchrony Bank doesn’t share a specific minimum, most approved applicants have at least a fair credit score (580–669) or better. Those with good to excellent credit will have a higher chance of approval and may unlock longer or more favorable financing offers.
Beyond your credit score, Synchrony will look at:
- Your income
- Existing debt obligations
- Recent payment history
- Number of recent credit applications
If your score is on the lower end, a strong income and clean credit history can still work in your favor.
Havertys Credit Card Features
Here’s what you can expect if you’re approved:
Special Financing Offers
Havertys regularly runs promotions that offer deferred interest if your balance is paid in full within a set period—often 6 to 24 months depending on the purchase amount.
Exclusive Cardholder Perks
Cardholders may get access to private sales and seasonal promotions not available to other shoppers.
Online Account Management
Manage your balance, set up autopay, and even choose your due date—all from a secure online portal.
What Influences Your Approval Odds?
Your credit score is just one piece of the puzzle. Here are the other factors Synchrony Bank considers:
- Income: A higher income shows your ability to repay what you borrow.
- Debt-to-Income Ratio: The lower, the better. Too much existing debt can work against you.
- Payment History: A strong history of on-time payments makes you a more appealing borrower.
- Recent Inquiries: Applying for multiple accounts in a short time can hurt your chances.
How to Improve Your Credit Before Applying
If your credit score is below the fair range, here are some practical ways to build it up:
1. Review Your Credit Reports
Get your free reports from all three major credit bureaus. Check for errors—like accounts you don’t recognize—and dispute anything that’s inaccurate.
2. Always Pay On Time
Payment history is the most important factor in your credit score. Consider setting up automatic payments or reminders.
3. Lower Your Balances
Your credit utilization ratio—how much you owe compared to your total credit limit—should ideally be under 30%. Pay down cards to help your score rise.
4. Minimize New Applications
Every credit application creates a hard inquiry. Limit how often you apply for new credit to avoid unnecessary hits to your score.
5. Reduce Overall Debt
Carrying too much debt can affect both your credit score and your debt-to-income ratio. Paying it down can help in both areas.
Alternatives to the Havertys Credit Card
If you’re not ready to apply or don’t get approved, you still have options:
- Store Credit Cards with Easier Approval: Some retailers offer store cards with lower credit requirements.
- Secured Credit Cards: Secured cards require a refundable deposit and are great for building or rebuilding credit.
- Personal Loans: A personal loan may give you fixed payments and lower interest depending on your credit.
- Cash Savings: If possible, saving up and paying upfront avoids interest and keeps your finances simple.
Need Help Improving Your Credit?
If negative items like collections, charge-offs, or late payments are dragging down your score, consider working with a professional.
Credit Saint is a well-known credit repair company that helps clients challenge inaccurate or outdated items on their credit reports. From foreclosures to repossessions, their team has experience with it all.
They even offer a 90-day money-back guarantee, so there’s no downside to getting started. Visit their website to see how they can help you get your credit back on track.
Bottom Line
You’ll likely need at least a fair credit score to qualify for the Havertys Credit Card. But income, payment history, and debt levels also play a big role in the approval process.
Take time to review your credit, reduce debt, and pay bills on time. With the right prep, you can improve your odds—and unlock helpful financing on your next furniture purchase.
