Despite the name, the Kay Jewelers credit card isn’t really a credit card: it’s actually a retail card.
You can use it only at Kay Jewelers locations or online at Kay.com.But like any other store credit card, jewelry store cards can’t be used outside of the store they’re affiliated with. Credit cards that you can use anywhere don’t usually have deferred interest.
Signet Jewelers Limited is the largest specialty jewelry retailer in the US, UK and Canada. Signet operates approximately 3,600 stores primarily under the name brands of Kay Jewelers, Zales, Jared The Galleria Of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda.
A FICO credit score of 604 is recommended for a higher chance of approval, but this is not required. There are a number of other factors that this issuer may also consider when making decisions for approval.
Instead, you need to look for a company that sells authentic jewelry that contains real diamonds – buying a fake diamond means you are losing a lot of money. Jared, owned by Sterling Jewelers Inc, is a popular company that offers real diamonds that are of high quality.
Cut has the biggest impact on a diamond’s beauty and sadly, the cut standard at Costco is mediocre. You see, Costco allows GIA “Very Good” cut diamonds in their inventory and this means you might end up buying diamonds that aren’t cut well. Here’s an example of such a stone you should avoid.
It’s easy to understand why: Major jewelers like Kay, Zales, Jared, Tiffany’s, etc. On the flip side, some of the higher-end jewelers with brands to protect will absolutely not negotiate their prices. But you never know until you ask.
Also, your Kay Jewelers credit card application, like any credit card application, can generate a hard inquiry, which can ding your score—so you don’t want to apply if you won’t qualify. You can check your free credit scores on Credit.com to see where you stand before you apply.
Jewelry Stores with an Easy Credit Application Process. Blue Nile. Helzberg Diamonds. Jared the Galleria of Jewelry. Kay Jewelers.
Jewelry Stores with Easy Credit Approval for Customers with Poor/No Credit. Crown Jewelers. Diamond Wave. Gage Diamonds.
For assistance requesting a credit limit increase, please contact Customer Care at (866) 231-0070, TDD/TTY: 1-800-695-1788. I want to decrease my credit limit. How do I do this? For assistance requesting a credit limit decrease, please contact Customer Care at (866) 231-0070, TDD/TTY: 1-800-695-1788.
Although store credit cards are often easier to obtain than open-loop cards, there is no evidence that the Zales Credit Card accepts bad-credit applicants. Instead, you’ll likely need at least fair credit or better to qualify.
Rule of thumb: Spend 2 months of your income on an engagement ring. Therefore, if you are making $1000 per month, spend $2000 on an engagement ring. If you’re making $2500 per month, spend $5000.