Raymour and Flanigan Credit Card: Too Good To Be True?

Q: I’m buying a living room set for my new house and there is a Raymour and Flanigan furniture credit card that has a really long no interest offer. I’m thinking about pulling the trigger on it but am wary after getting burned by a mattress store card in the past. Is this offer too good to be true?

A: You didn’t mention your location but what I really like about Raymour and Flanigan is that even though their retail locations are in New York, New Jersey, Connecticut, and a couple other neighboring states, they will ship nationwide so really it’s an option for anyone in the continental US. But is it a good option?


I tested various zip codes across the country and it appears anywhere outside the states they have stores will cost you the following:

shipping costs

On the other hand if you live close to their stores here’s an example of the delivery costs:

delivery costs

I would say both options are fairly reasonable. The reason it’s important to include the shipping costs is because they will factor into whether the credit card makes sense or not for you.

Financing offers?

Obviously these offers will change but when I looked here’s what the application page for the Raymour and Flanigan credit card had listed.

For a minimum purchase of…

  • $599.00 and up: Promotional rate until March of 2013 (less than 6 months away)
  • $999.00 and up: Rate good until Sept of 2013 (slightly less than 12 months)
  • $1,999.00 and up: Valid until Jan 2014 (about 15 months)
  • $2,499.00 and up: Jan 2015 (around 27 months)
  • $2,999.00 and up: Jan 2016 (about 39 months)

But how does this really work? To find out you will have to read the fine print which is no easy task considering its size!

fine print on Raymour & Flanigan financing

If you have a magnifying glass, you read about this “To avoid the accrued interest the account must be paid in full by the end of the option period.” So this accrued interest can come back and haunt you if you don’t pay off the purchase before the credit card promotion ends.

Worth it or not?

If you’re spending a lot then I could see the Raymour and Flanigan card making sense in some situations, but keep in mind these points:

  • As you notice many of the longer offers end in January, which might make them seem really long when you look at them since January will be the following year. So keep that in mind and calculate the actual number of months to gauge their worth (going by year can be deceiving).
  • If you’re spending $2,000 or less, you might be able to get a longer offer by going with a regular card that gives 0% for up to 18 months on purchases.
  • Don’t let the accrued interest bite you in the butt. If you spring for one of these offers you need to make sure you pay it off before the promotion ends!


Raymour and Flanigan has some good deals on furniture, but just make sure you fully understand the credit card before you apply for an accrued interest plan with a 27.99% APR.

Written or last updated for Q1 2013

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The Raymour Flanigan account only would I do if I had bad credit.

Barry Lincoln

… and then you would be turned down for the account. I have a hard time believing that credit would be extended to someone with bad credit. That’s why they run your credit in the first place…