The average rewards credit card offers 1.07% cash back on all purchases. The best rewards cards give you 2%+ back across the board. And the best credit card deals have initial bonuses worth $500+, which you get for spending a few thousand dollars within a few months of account opening.

The Helzberg Credit Card clearly has positioned itself as a financing tool, offering low intro rates for the first 0% to 9.99% for 6 to 36 months your account is opening, depending on how much you spend. You get 0% deferred interest for six to twelve months. You also get an option for equal monthly payment financing with 9.99% interest for 36 months. This makes sense considering how much engagement rings cost, but the execution is bad.

The Helzberg Diamonds Credit Card is not unique in not charging an annual fee. Hardly any store credit cards do. And while this will save you about $19.49 per year compared to the average credit card market-wide, that isn’t nearly enough to solve the Helzberg Card’s glaring problems.


Review of Helzberg Diamonds Credit Card

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