# Cost-Effective Furniture Credit Cards The IKEA Visa is Designed to Improve the Shopping Experience By Kalin Ned | Published 2018-05-17 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/furniture-credit-card References: [designtaxi](http://designtaxi.com/news/399688/IKEA-Launches-Credit-Card-To-Make-Shopping-For-Furniture-Even-Cheaper/) & [ikea](https://www.ikea.com/ms/en_US/financing/information.html?utm_source=DesignTAXI&utm_medium=DesignTAXI&utm_term=DesignTAXI&utm_content=DesignTAXI&utm_campaign=DesignTAXI) Superstore [IKEA's](https://www.trendhunter.com/trends/ikea-family-loyalty-program) exclusive furniture credit card has a twofold purpose — one of increasing savings for the consumer and another of ensuring customer loyalty to the brand. The IKEA [Visa](https://www.trendhunter.com/trends/fuel-credit-card) can be used to purchase groceries, food, utilities and furniture. Customers receive $25 off on the first purchase with the card and can subsequently earn points toward future IKEA purchases. For example, "an accumulated spending of US$500 on third-party merchants will earn you US$25 in IKEA rewards." The furniture credit card has no annual fees and holders enjoy a 5% cashback on IKEA purchases, 3% on food and utilities and 1% on all other purchases. In addition, upon signing up for the furniture credit card, members are automatically enrolled in the [IKEA FAMILY loyalty program](https://www.trendhunter.com/trends/ikea-rewards-program). ## Trend Insights (Trend Hunter) - Score: 4.0/10 - Popularity: 55% | Activity: 58% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America, Europe ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [New Ventures](https://www.trendhunter.com/newventures) ## Key Themes ### Why This Trend Is Growing - **Furniture Credit Cards:** Furniture retailers can create their own credit cards to increase customer loyalty and incentivize purchases. - **Savings Programs:** Offering rewards and cashback incentives can encourage customers to shop more and spend more at a specific store. - **Integrated Loyalty Programs:** Integrating credit cards with existing loyalty programs can enhance customer engagement and retention. ### Industries Being Reshaped - **Furniture Retail:** Furniture retailers can benefit from implementing credit card programs and savings incentives to boost sales and customer loyalty. - **Financial Services:** Financial institutions can explore partnerships with retailers to provide customized credit card solutions and loyalty programs. - **Retail Technology:** Developing integrated loyalty platforms and mobile payment solutions can help enhance the shopping experience and increase customer loyalty. ## Related on Trend Hunter - [Allen Key-Inspired Rewards Programs](https://www.trendhunter.com/trends/ikea-family-loyalty-program.md) - [Circular Furniture Initiatives](https://www.trendhunter.com/trends/buy-back-and-resell.md) - [Exclusive Meatball Memberships](https://www.trendhunter.com/trends/ballercards.md) - [BNPL-Backed Credit Cards](https://www.trendhunter.com/trends/klarna-5.md) - [Eco-Friendly Credit Cards](https://www.trendhunter.com/trends/rei-coop-mastercard.md) - [Grocery App Credit Cards](https://www.trendhunter.com/trends/instacart-mastercard.md) - [Housing Rewards Credit Cards](https://www.trendhunter.com/trends/bilt-card-20.md) - [eCommerce Credit Cards](https://www.trendhunter.com/trends/shopify-credit.md) - [Furniture Brand Price Reductions](https://www.trendhunter.com/trends/ikea-new-lower-prices.md)