Bed Bath & Beyond no longer issues its own credit card
Bed Bath & Beyond stopped offering its branded credit card in 2023. The company filed for bankruptcy in 2023 and closed all its stores by 2024, which ended the card program entirely. If you held a Bed Bath & Beyond card before the shutdown, your account is closed and you cannot use it.
If you are looking for a card to use at home goods and furniture retailers, you have other options. Department store cards and general rewards cards both work at these merchants, though the terms and rewards structures differ significantly.
Key Takeaways
- Bed Bath & Beyond's branded credit card no longer exists because the company closed all stores in 2024.
- If you held the card before closure, your account is closed and cannot be reopened or transferred.
- Department store cards from other retailers offer similar benefits like discounts and financing options for home goods purchases.
- General rewards cards often provide better long-term value if you shop across multiple categories beyond home goods.
What happened to existing cardholders
Cardholders received notice that their accounts would close as Bed Bath & Beyond wound down operations. The company did not transfer balances to another card or issuer. If you had an outstanding balance when your account closed, you received instructions on how to pay it off, typically through mail or an online portal that remained active briefly after store closures.
Any rewards points or store credit tied to the card were forfeited. Bed Bath & Beyond did not convert points to cash or transfer them to another program. If you had pending returns or exchanges, those had to be completed before store closures ended.
Department store cards as an alternative
Retailers like Macy's, Kohl's, and Target all issue their own credit cards and accept them across their stores. These cards typically offer an when ready discount on your first purchase—usually 10 to 20 percent off—and ongoing perks like birthday discounts or exclusive sale access. The catch is that these cards usually carry higher interest rates than general rewards cards, often in the 20 to 29 percent range, so carrying a balance becomes expensive quickly.
Department store cards work best if you plan to pay off your balance in full each month and want the upfront discount. If you shop at multiple retailers, opening a card at each one means managing multiple accounts and multiple due dates. Some department stores also offer financing promotions—typically 12 to 24 months interest-free on purchases over a certain amount—which can make sense for large furniture or appliance buys if you can pay within the promotional window.
General rewards cards for home goods shopping
A cash-back or points card from a major issuer like Chase, American Express, or Capital One works at any retailer, including home goods stores. These cards typically earn 1 to 5 percent cash back depending on the category and card tier. Some cards earn higher rates in specific categories like home improvement or furniture, while others earn a flat rate on all purchases.
The advantage is flexibility: you use one card everywhere, build rewards faster across all your spending, and avoid the high interest rates that come with store cards. The disadvantage is that you do not get the upfront first-purchase discount that department store cards offer. If you are a heavy home goods shopper but also spend on groceries, gas, and dining, a general rewards card usually delivers more total value over time because your rewards accumulate across all categories.
Comparing store cards versus rewards cards
| Feature | Department Store Card | General Rewards Card |
|---|---|---|
| First-purchase discount | Usually 10–20% off | None |
| Interest rate | 20–29% APR | 15–25% APR |
| Rewards rate | 1–2% at the store | 1–5% depending on category |
| Works everywhere | Only at that retailer | Everywhere that takes cards |
| Annual fee | Usually none | Varies; many have no fee |
How to choose between your options
If you shop at one department store regularly and want an when ready discount, a store card makes sense. Open it, use the first-purchase discount, then pay the balance off when ready to avoid interest charges. After that, you can use it occasionally for the rewards, but keep it as a secondary card.
If you shop across multiple retailers or want to maximize rewards on all your spending, a general rewards card is usually the better choice. Look for cards that earn higher rates in categories you actually use—home improvement, furniture, or dining—rather than cards that promise high rates in categories you ignore. Check the annual fee: many good rewards cards have no fee, so paying $95 or $150 per year only makes sense if you are earning that back in rewards.
You can also use both: a store card for the first-purchase discount when you need it, and a rewards card for everything else. Just make sure you are not opening store cards you will not use, because each new account temporarily lowers your credit score and adds another bill to track.
Frequently Asked Questions
Can I still use a Bed Bath & Beyond card anywhere?
No. The card is no longer valid anywhere because Bed Bath & Beyond closed all stores and the card program ended. If you have a physical card, you can discard it. If you have an outstanding balance, contact the card issuer for payment instructions.
What if I had a balance on my Bed Bath & Beyond card when it closed?
You are still responsible for paying the balance. The company sent payment instructions by mail and through an online portal. Contact the card issuer directly if you did not receive instructions or need to set up a payment plan.
Do department store cards help build credit?
Yes, like any credit card, a department store card reports to the credit bureaus and helps build credit history if you pay on time. However, the high interest rates mean carrying a balance is expensive, so use it only if you plan to pay in full each month or take advantage of a promotional financing offer.
Which rewards card is best for home goods shopping?
That depends on your other spending. Cards like the Chase Freedom Unlimited earn 1.5% everywhere, while cards like the American Express Blue Cash Preferred earn higher rates in specific categories. Compare the categories each card rewards and pick the one that matches your actual spending pattern, not the one with the highest advertised rate.
Should I close my Bed Bath & Beyond card account if it is still open?
Your account should already be closed because the company shut down. If you somehow still see an active account online, contact the card issuer to confirm the closure status. Do not worry about closing it yourself—the issuer has already done that.