The common question for some people is, what is HSN credit card? It is true that the credit cards play an essential role when it comes to shopping at the current moment and make later payment. These credit cards are normally issued by the financial institutions. A good example, in this case, is the Comenity Bank.
The Comenity Bank is usually regarded as the issuer of back-end credit card. The store credit cards by this bank are either through the subsidiaries or directly. As per the latest information, the bank records more than 34 million holders of these credit cards in the whole world.
Amongst the stores where Comenity Bank provide the credit cards include the HSN store. The store has majored in clothes for women, accessories, home furnishings, jewelry, health, beauty products, shoes, and accessories.
HSN store has a wide number of outlets located in Florida. Other than this, they also have a store that is conducted via online. When it comes to the industry of home items and the apparel, the store is known for its wide range of varieties.
How the Comenity Bank Credit Cards are Different
It true the credit cards of Community Bank are so popular. This is through the fact that you cannot struggle that much to get them even with your bad credit rating. No strict financial checks are conducted by this Bank when they are issuing these credit cards. Therefore, you will be highly promised to get these credit cards with your imperfect credit rating.
There are a variety of sectors which can enjoy the credit cards from the Comenity Bank. These sectors include the retail stores, the medical facilities, the education sector, airlines sector, hotels, and the automobiles sector.
The main Features of the Credit Cards of Comenity Bank
The common thing with the Comenity Bank is that it offers a variety of various credit cards. However, products handled by the Bank are known to be sharing the same characteristics. To start with, with these credit cards from Comenity Bank, you are promised a discount rate starting from 10 percent to 20 perccent.
Secondly, the credit cards of Comenity Bank are always accompanied by a birthday gift every other year. This gift is normally a gift certificate worth 20 US dollars. But note that after receiving this gift certificate, there is no way you can apply it like a gift card.
Also, the gift certificate cannot be combined with any other certificates of benefit. Finally, the gift certificate is associated with a limit of minimum spending. As per the earlier information, it is quite true that Comenity offers a wide range and different store credit cards. We also get to know that HSN credit card is amongst this store credit cards.
HSN is one of the largest and diversified retailers offering wares using many media options, the community-related events and through social interaction. This retailer was established 35 years back. Currently, the retailer manages more than 95 households, all located within the United States.
The households of HSN offer 24/7 services with a wide variety of products. These households mostly deal with homeware, clothing and fashion products.
The potential customers of Home Shopping Network are in a position of purchasing a number of products. This purchasing is made possible using the HSN credit cards. As compared to the traditional credit cards, these credit cards give you the chance of purchasing any product offered at these households.
There are two main cards offered by HSN. These cards include the MasterCard and the standard store card. The main difference between is that the standard one offers the VIP financing options as the MasterCard offers both financing options and the reward schemes.
Introduction to HSN credit Card and its Benefits
HSN credit card is defined as one of the special credit cards of HSN. This credit card is under the facilitation of the Comenity Bank. With this credit card, you are in a position of buying a wide range of products from the HSN store in addition to enjoying many benefits.
The HSN credit card allows you to maximize the Extra Flex discounts when it comes to the jewelry collection, beauty products, and fashion products. Other than this, the credit card gives you a chance of performing the VIP returns for the most convenient shopping.
Furthermore, with the HSN credit card, you are promised of the options of VIP financing. As the holder of the HSN credit card, you are in a good position of taking advantage of the special and the exclusive discounts linked with the HSN store. Not everyone is in a position of enjoying the allocated discounts.
Special Returns Policy
With the HSN credit card, you can easily access the special returns policy of VIP. In case you have returned a product to the store of HSN under the credit return benefit of VIP Easy Return, you get access to 5 US dollars spendable points reward. You can use these points for any of your future purchases.
The awarded points are not redeemable for alcohol. Also, you cannot use these points for the purchase of gift cards. Moreover, the points cannot be redeemable for cash. Other than this, the points are applicable for charitable contributions.
Every time a return is performed to the store of HSN, the awarded points are credited to the users HSN credit card. The points are usually accredited within one day upon the completion of the process. After its accreditation, you have a period of around 90 days to use the offer after which it will be announced as invalid.
However, it is quite essential to keep note that the benefit is only permitted or allocated to the first returns made. Also, these returns must be strictly under the returns policy for the credit card holders of HSN VIP. Adding to this, the stated benefit becomes active for the products that are labelled with an Easy Return symbol.
With the HSN credit card, you are in a position of enjoying the special returns policy benefits and a number of other benefits.
How to Access the HSN Credit Card Online
The main purpose of the HSN credit card is to allow you to be in a position of accessing its data via online. Thus, after registering for this credit card, you obviously increase the benefits of accessing your profile via online.
By accessing the profile via online, you are in a good position of managing the allocated credit card from any given place in the world. Furthermore, you are capable of accessing the online services at any given time by using various devices like a smartphone, a computer, and a tablet.
While online, you can easily perform a number of services connected with the Comenity Bank. These services are like paying the bill of your credit card, checking the monthly statements of your card, editing the contact details, and even registering for the paperless billing.
HSN credit card is amongst the store credit cards that give you a chance of viewing and manipulating its details via online.
Unique Features Associated with the HSN Credit Card
After registering for an HSN credit card, there are a number of special features that you are going to enjoy. These features are mainly two, and they include a deferred-interest plan and Flexpay.
HSN credit card gives an easiest way of shopping at the store of HSN which is the main provider. Through this credit card, you are in a position of categorizing any purchases you want to make in the payments conducted on a monthly basis.
If your desired product for purchase is accepted by Flexpay, then though the HSN credit card you are at a good position of making an initial payment and then take it. The remaining amount will be made as the monthly instalments using the HSN credit card.
You can clear the remaining amount within a month or more. Normally, the billing of the payments for Flexpay is done after every 30 days. The counting of the days starts immediately from the time of making a purchase at Flexpay.
- Deferred-Interest Plan
Deferred-interest plan is defined as one of the promotional plans specifically offered to the holders of the HSN credit card. With this plan, the holders are in a greater position of purchasing a given product within the period of promotion.
Within the promotional period, the holders can make the full payments for the purchased item without incurring any interest rates. Thus, through this method, the deferred interest is specifically meant to offer a discount to the items purchased by the cardholders.
In case the promotional period ends without making the full payment, calculation of the accrued is made and the added to your final cost. Thus, for the deferred-interest plan, it is always vital to make the full payments within the promotional period to avoid incurring the additional costs.
We see that both HSN store and the Community Bank have together so as to give the potential customers the special credit card that can be used for the purchase of items from this famous store. As seen, the benefits of becoming a member of the HSN credit card holder are uncountable.
With the HSN credit card, you can shop conveniently in addition to getting freedom of controlling your online account for shopping. As a result, the HSN credit card guarantees convenience and high technology services.
Making Payment with HSN Credit Card
Do you posses an HSN credit card? Then receiving monthly bills is a common thing. The bills are normally for the purchases conducted in the given month. After the notification message, you will always have a period of up to two weeks to make the payments.
There are many through which you can make this payment successful. You can either for the mobile phone option or the mail option or the online payment system of HSN.
- Mobile Phone Option
Here you are to a specific number in order to make the needed payments. The commonly used number is 1-877-285-4007. However, before doing this, it is always vital to check if you are in a position of writing the VOID across.
The most obvious question you will encounter after the call is the one concerning the bank account number. Next, give the routing number. After this, state the exact figure that you want to pay using the HSN credit card. This is followed by giving the representative account number of the HSN credit card.
For quality purposes, it is always vital to record the transaction you make on the checking account ledger.
- Mail Option
Start by locating the payment address directly from the account statement of the HSN credit card. Go for this option if you never received a pre-addressed envelope together with the statement. The next step is writing the check specifying the amount you want to pay. After this, enclose the respective check using the payment stub. The payment stub is easily torn off from the bottom of the credit card statement for HSN.
You are required to mail the respective details several days before the due date for payment. This earlier payment is encouraged so that the payment can be received by HSN store on time.
- Online Payment Option
In this case, you need to open an account with the HSN store. While registering, you are to share some essential details like the number of your account and the routing number of the bank. After this has become successful, you can now proceed to the payment option.
For a successful payment, log in to your HSN online account. Go to the option named as “payment option.” Since all the information relating to the bank is already in place, you just need to select the amount you want to pay.
At this stage, you decide to either make full payments or some amount of your wish. After this step, you proceed by clicking on the submission option. However, you need to note that the transaction can take up a maximum of two business days for it to reflect.
The Verdict For HSN credit Card
It is obvious that any credit cards and store-affiliated ones come with a bad investment in many occasions. In these situations, you will find them having high interest rates. Other than this, if there are any existence of the reward programs, is usually observed to be less than being flexible. Thus, you are only allowed to cash in the rewards program specifically for the gift certificates.
The gift certificates can be affiliated with the retailers who issued them. As a result, the HSN credit card is not an option when it comes to this case. This credit card is an affiliation of the Home Shopping Network.
More Information about HSN Credit Card
The HSN credit card is not accompanied with any rewards program which forms a strike one point. The strike two point is that the HSN credit card charges high interest rates when the card holders are not making the full payments at any every other month.
Working of the HSN Credit Card
The HSN credit card becomes well illustrated because of the VIP Financing program. This program forms a great benefit associated with this credit card. With this program, the holders of the HSN credit card are not going to incur any interest for a period of nine months.
The interest is not accountable for items consumer electronics, mattresses, and the fitness items costing 399 US dollars and more. However, a big challenge arises when you fail to make the full payments within the next nine months. Here, the store imposes interest starting form the time you purchased the item.
Thus, failure to make full payments within the next 9 months will lead to high interests covering the first day of purchase. The interest can be initiated even after making 90 payment of the purchase.
Other Benefits of HSN Credit Card
Other enjoying the VIP Financing program, if you are the holder of the HSN credit card, you will have access to many discounts offered by the Home Shopping Network. Also, with this credit card, the holders can enjoy early access to the store’s merchandise.
In this case, the fee is the interest rate for the purchase. The fee for HSN credit card usually stands at 26.99%. This is an indication that failure to make the full payment within the allocated time, you are likely to incur huge additional charges.
Advantages of the HSN Credit Card
- You have a period of nine months of not incurring any interest rates.
- You are going to enjoy the best discounts by shopping at HSN store.
- You enjoy earlier access to the merchandise.
Disadvantages of the HSN Credit Card
- High rates of interest.
- They do not offer a reward program.
- It is not possible for the interest offers to backfire on the holders of the HSN credit cards.