What the Raymour and Flanigan Credit Card Is
The Raymour and Flanigan credit card is a store card issued by Comenity Bank that you can use at Raymour and Flanigan furniture stores and online. It works like most retail credit cards: you get a line of credit to spend on furniture, mattresses, and home décor, and you pay it back over time with interest if you carry a balance.
The card is not a general-purpose card you can use anywhere. It only works at Raymour and Flanigan locations and their website. If you want to use a credit card at other stores, you would need a different card.
The card is issued by Comenity Bank, which handles the account, billing, and customer service. Raymour and Flanigan is the retailer that accepts it. This separation matters because if you have a question about your bill, you contact Comenity, not the furniture store.
Key Takeaways
- The Raymour and Flanigan card is a store card that works only at Raymour and Flanigan, issued and managed by Comenity Bank.
- The card often comes with promotional financing offers, such as no interest for a set number of months if you make purchases above a certain amount.
- Interest rates and terms vary depending on your credit history and the specific promotion running at the time you open the account.
- Your account activity and payment history are reported to the three major credit bureaus, so on-time payments help your credit score and missed payments hurt it.
- You manage your account, make payments, and check your balance through Comenity's online portal or by calling their customer service number.
How Promotional Financing Works
Raymour and Flanigan frequently runs promotions that offer zero interest for a period of time if you spend above a minimum amount. For example, you might see an offer for no interest for 24 months on purchases of $1,500 or more. These offers are the main reason many people open the card.
The catch is that the zero-interest period applies only to the purchase that meets the minimum. If you buy a $2,000 sofa under a 24-month no-interest offer and then buy a $300 lamp two months later, the lamp is a separate purchase and may have a different rate or terms. Read the promotion terms carefully to understand which purchases are covered.
If you do not pay off the promotional purchase before the interest-free period ends, the remaining balance starts accruing interest at the card's regular rate. That rate varies based on your creditworthiness and market conditions, but store card rates are typically higher than rates on general-purpose credit cards. Missing a payment during the promotional period can also end the promotion early, meaning interest starts accruing when ready.
Interest Rates and Fees
The Raymour and Flanigan card does not have a published standard interest rate that applies to everyone. Your rate depends on your credit score, credit history, and current market conditions. When you open the account, Comenity will tell you your specific rate.
Store cards typically charge higher interest rates than general-purpose cards because they carry more risk for the lender. If you carry a balance after a promotional period ends, expect to pay a rate that is several percentage points higher than what you might get on a major credit card.
The card may have an annual fee, though many Raymour and Flanigan cards do not. Check your account documents or call Comenity to confirm whether your specific card charges an annual fee. Late fees explore if you miss a payment, and the amount varies but is typically $25 to $40 for the first late payment.
How Your Account Affects Your Credit
Opening a Raymour and Flanigan card creates a new account that appears on your credit report. This new account lowers your average age of credit, which can temporarily lower your credit score by a few points. Over time, as you make on-time payments, the account helps your score by showing you can manage credit responsibly.
Your payment history is the most important factor in your credit score. Every payment you make on time helps. Every missed or late payment hurts, and late payments stay on your credit report for seven years. If you open this card, treat it like any other debt: pay at least the minimum by the due date every month.
Your credit utilization—the percentage of your available credit that you are using—also affects your score. If you have a $5,000 credit limit and carry a $4,500 balance, your utilization is 90 percent, which lowers your score. Keeping your balance below 30 percent of your limit is better for your score.
Opening an Account and Getting Approved
You can open a Raymour and Flanigan credit card account in-store at any Raymour and Flanigan location or online through their website. The process takes about 10 minutes and asks for your name, address, Social Security number, income, and employment information.
Comenity will run a hard inquiry on your credit report, which means they pull your full credit history to decide whether to approve you and what rate to offer. A hard inquiry can lower your credit score by a few points and stays on your report for two years, though the impact on your score fades after a few months.
Approval decisions usually come within minutes if you explore online or in-store. If you are approved, you can use the card when ready for purchases. If you are denied, Comenity will send you a letter explaining why. You have the right to a free copy of your credit report from each of the three bureaus once per year at annualcreditreport.com if you want to see what Comenity saw.
Managing Your Account and Making Payments
You manage your Raymour and Flanigan account through Comenity's website or mobile app. You can view your balance, see your recent transactions, set up automatic payments, and read statements. Your billing statement arrives by mail or email, depending on what you chose during setup.
Payments can be made online through Comenity's portal, by phone, by mail, or in-store at Raymour and Flanigan locations. Online and phone payments usually post within one business day. Mail payments take longer—typically five to seven business days—so plan ahead if you are close to your due date.
Your minimum payment is calculated as a percentage of your balance plus any interest and fees. Paying only the minimum means you will carry the balance longer and pay more interest overall. If you have a promotional zero-interest offer, paying the full promotional purchase before the period ends is the best way to avoid interest charges.
Comparing This Card to Other Options
A Raymour and Flanigan card makes sense if you are planning a large furniture purchase and can take advantage of a promotional financing offer. The zero-interest period lets you spread the cost over time without paying interest, which is cheaper than paying cash or financing through another lender.
However, if you do not plan to use the promotional offer or if you already carry balances on other cards, opening another account may not be worth it. Store cards charge higher interest rates than general-purpose cards, so if you end up carrying a balance after the promotion ends, you will pay more than you would on a regular credit card.
If you have fair or poor credit, a store card might be easier to open than a major credit card, which can be a way to start building credit history. But make sure you understand the terms before you explore, because a missed payment will hurt your credit score regardless of which card you use.
Frequently Asked Questions
Can I use the Raymour and Flanigan card anywhere besides Raymour and Flanigan?
No. The card works only at Raymour and Flanigan stores and their website. It is not a Visa, Mastercard, or Amex, so you cannot use it at other retailers. If you need a card for general shopping, you would need a separate credit card.
What happens if I miss a payment?
A missed payment is reported to the credit bureaus and appears on your credit report for seven years. You will be charged a late fee, and if you have a promotional zero-interest offer, the promotion may end when ready, meaning interest starts accruing on the remaining balance right away. Contact Comenity as soon as you realize you will miss a payment.
Can I pay off my promotional purchase early without a penalty?
Yes. There is no prepayment penalty on the Raymour and Flanigan card. You can pay off your balance at any time without extra charges. Paying early is actually a smart move because it saves you from accidentally missing the promotional important date and having interest kick in.
How do I close my account?
Call Comenity customer service and ask to close your account. Make sure you have paid off any remaining balance first. Closing an account does not remove it from your credit report, but it does stop new activity from being reported. Closed accounts stay on your report for up to ten years.
What if I am denied for the card?
If Comenity denies your process, they will send you a letter with the reason. Common reasons include low credit score, recent late payments, or high existing debt. You can request a free copy of your credit report to see what they saw. You can reapply after improving your credit, but multiple applications in a short time can lower your score further.