Why you can trust ZDNet
Our recommendations are based on many hours of testing, research, and comparison shopping. We may earn a commission when you purchase a product through our links. This helps support our work but does not influence what we write about or the price you pay. Our editors thoroughly review and fact check every article. Our process

‘ZDNet Recommends’ What exactly does that mean?

ZDNet’s recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing.

When you click through from our site to a retailer and buy a product or service, we may earn affiliate commissions. This helps support our work, but does not affect what we cover or how, and it does not affect the price you pay. Neither ZDNet nor the author are compensated for these independent reviews. Indeed, we follow strict guidelines that ensure our editorial content is never influenced by advertisers.

ZDNet's editorial team writes on behalf of YOU, our reader. Our goal is to deliver the most accurate information and the most knowledgeable advice possible in order to help you make smarter buying decisions on tech gear and a wide array of products and services. Our editors thoroughly review and fact-check every article to ensure that our content meets the highest standards. If we have made an error or published misleading information, we will correct or clarify the article. If you see inaccuracies in our content, please report the mistake via this form

| Ad Disclosure
This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com This compensation may impact how and where links appear. This site does not include all financial companies or all available financial offers. Close

Best Home Depot card 2021: Commercial credit options

Home Depot offers two commercial credit options. ZDNet compares the respective features and benefits to help your business make the right choice.

For businesses exploring credit options in the hardware and home improvement industry, Home Depot offers two CitiBank-issued commercial credit options in the form of in-store credit cards. 

Home Depot's two card options are its Commercial Revolving Charge and its Commercial Account cards. Each card provides financing solutions for businesses, and each allows cardholders to take advantage of Home Depot's loyalty program for professionals. (More on that in a bit.) 
Credit line allowances are based on personal creditworthiness, so credit lines can vary from cardholder to cardholder. 
The two cards offer many of the same benefits -- the main difference lies in the fee structure of each card. Let's take a  look at the differences between each commercial card option.

Home Depot Commercial Revolving Charge Card

Make low monthly payments or pay the balance in full every month

Home Depot

Since most charge cards require businesses to pay balances off in full every month, many allow businesses to make purchases without predetermined spending limits. However, the Revolving Charge card works more like a credit card, as it gives cardholders the option of either making low monthly payments or paying the credit balance in full every month. 

However, cardholders must be mindful of this card's annual percentage rates (APR ) on purchases:

  • The charge card carries an APR of 21.99% (15% for a resident of Georgia or North Carolina)
  • Penalty APR on default payments has an APR of 26.66%; late fees up to $40
  • For more details, see rates and fees.

Home Depot Commercial Account Card

Cardholders have two payment options: 30-day term or 60-day term

Home Depot

The Commercial Account card works more like a charge card. The card has no set spending limits and no minimum monthly payments. However, these advantages come with one crucial stipulation: Credit account balances must be paid in full before the end of each billing cycle. If not, cardholders are subject to late-payment fees and high-penalty APR. Details to keep in mind include:

  • Cardholders have two payment options: 30-day term or 60-day term.
  • Late payment fees may be up to $35, depending on the balance amount.
  • For more details, see rates and fees.

What are Home Depot's commercial credit benefits?

Now that we have looked briefly at the main differences between the Home Depot commercial credit cards, let's look at some of the advantages and benefits that are found among both options. 

Fees and interest

The payment interest rates were discussed above, but it is important to note that neither credit option has an annual fee. Home Depot offers 30-day or 60-day payment terms. Business cardholders who qualify will enjoy the benefit of having 60 days without interest on purchases. 
Qualifying factors rely largely on creditworthiness. Sometimes those without the necessary credit history to establish a professional account will have to give a personal guarantee to qualify. 
Of course, the advantage of 60-days no interest is of greater importance to those with the Revolving Charge card since its minimum payment option is subject to interest.

Employee purchasing cards

Each commercial credit option allows additional cards for employee purchasing. For example, the Revolving Charge card offers authorized user cards (up to four) for employees to make purchases using the commercial account. The Commercial Account card allows business owners to set spending limits and apply for up to four buyer ID cards to allow employees to make purchases. 

One year on returns

Each credit option gives card members an extended window for making returns -- up to one year. This is a significant benefit considering the window for non-member purchase returns is 90 days. 

Itemized statements and purchase tracking

Itemized billing statements are available to cardmembers, allowing them to track purchasing by purchase order numbers, job names, or job numbers. 

Online account management 

Both of the commercial Home Depot credit options give card members access to online account features. This allows customers to view, manage, and pay their accounts online at their convenience without paying in-store. Furthermore, commercial cardmembers can pay by invoice, giving them the flexibility to make payments on itemized purchases. Members can also:

  • Export and sync order history to Quickbooks to help manage purchases
  • Create quotes to lock pricing in for up to seven days

Fuel-saving benefits

Another benefit that comes with both commercial credit options is a fuel rewards program, but commercial card members must enroll separately; card members are not automatically enrolled in the program. Benefits and fuel savings are based on qualifying purchase amounts.
For every $100 spent with a commercial card at Home Depot, members save 10¢ per gallon, so:

  • $1,000 saves $1 / gallon
  • $2,000 saves $2 / gallon
  • $3,000 saves $3 / gallon
  • $4,000 saves $4 / gallon

There is a limit of 20 gallons of fuel per purchase per vehicle, and use is restricted to participating gas stations. 

Is there a Home Depot loyalty program?

Membership in Home Depot's professional loyalty program, Pro Xtra, is perhaps the most significant benefit for commercial credit card holders. Benefits include:

  • Volume pricing: Card members can save money on qualifying purchases of up to $1,500 or more. 
  • Paint rewards: Members can save up to 20% on paints, stains, and primers purchased with their card, in-store or online. 
  • Personalized offers and bonuses: Enrolled cardholders will receive offers on products and services specific to them via email, direct mail, or mobile app. 
  • Pro Xtra Virtual ID: Members can track their spending with their virtual IDs, helping them earn perks on purchases to be used in the future. The mobile app allows members to authorize employee purchases through text. 
  • Delivery options: Loyalty members also get numerous delivery options: free in-store pickup in hours, free 2-day delivery, and scheduled delivery to job sites, to name a few. 

Are there disadvantages to consider?

There are two disadvantages to consider with the commercial Home Depot credit options. First, unlike some retail credit card options, the Home Depot credit cards can only be used for in-store purchases. Second, there are no cash back rewards on purchases that are common in many other credit options. 

Is commercial Home Depot credit right for you?

There are many reasons businesses choose to use retail and in-store credit cards, including keeping spending of personal funds to a minimum. One advantage, especially for small businesses and startups, is building a business credit history. Establishing and maintaining a business credit history gives businesses more financing options. 

 After a business bank account is opened, many account holders opt for retail credit options to help boost their credit profile with the major credit bureaus. 
Given the two commercial Home Depot credit options discussed, the choice comes down to business needs. Although hardware and home improvement stores are popular among consumers, they often industry-specific for businesses. 
A small business looking to make some building improvements or a small construction company may enjoy the numerous benefits of commercial Home Depot credit. On the other hand, a small tech startup navigating the ever-growing e-commerce economy may not have the need. 
In terms of credit options, both cards boast many of the same benefits. However, a business looking to have finance purchases with monthly payment options and longer-term windows would do well to choose the Revolving Charge card over the Commercial Account card. 

How do I apply for a Home Depot commercial credit card?

Currently, the process for applying for any of the Home Depot credit cards is online, though it can be done in-store. When applying, you will be redirected to a CitiBank application page. The process is fairly simple. Home Depot does not list credit requirements, but the cards are best suited for those who have fair credit scores or better. Those without a substantial credit history can be subject to personal guarantees on commercial accounts. 

What is a personal guarantee?

A personal guarantee is an individual's, rather than a business entity's, legal agreement to repay credit issued to a business. If credit is not paid back in full according to the terms, the individual, not the business, is responsible for the debt. 

Can I use the Home Depot card anywhere, since it is issued through CitiBank?

No. All of the Home Depot credit options can only be used for in-store or online purchasing with Home Depot.