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Mattress Warehouse Credit Card

Shoppers: 3 Reasons to Be Careful!

PFG's Rating:

Recommended in specific cases. Use the Mattress Warehouse Credit Card very cautiously. Requires special attention to on-time payments to avoid very high APR and/or fees. If you need to pay for a new mattress right now, but don’t have another way to pay, this can provide a stop gap.

Pros and Cons: Mattress Warehouse Credit Card



Effectively a temporary 0% interest loan for auto repair if used correctly (make monthly minimum payments and payoff full balance during the promo period. See below for how much you have to spend for promotional financing


No Annual fee


They claim they will give a credit approval decision within minutes


Reputable issuer (Synchrony Bank)



Very high APR – 29.99%+ – like most store co-brand cards. Be careful to pay off your bill fully each month 


Only able to use this card at home/furniture stores participating in the Synchrony Home Care network 


Only works in the U.S.


No rewards! 

  • 2% cash back on purchases under $299
  • 29.99% APR – this is extremely high, but not uncommon for store co-brand cards
  • No annual fee – $0 annual fee.
    • Applications are subject to credit approval
    • While they will take into account your total application, we recommend a credit score of at least 520 to be likely for approval
    • Be 18 years old (or the age of majority in your state or territory)
    • Have a government issued photo ID and tax identification number (for example a social security number)
    • Be willing to provide a non-PO Box mailing address
    • None – just the promotional financing

    Interested in other credit cards?

    Check out our credit card hub!

    Executive Summary: Mattress Warehouse Credit Card

    This card is essentially just a mechanism for Mattress Warehouse and Synchrony bank extending you a small loan to make you mattress purchase. The card doesn’t work at other stores (other than furniture stores where the Synchrony Home card is accepted).

    This is an ok option if you want to spread out a large mattress purchase over time. However, due to the extremely high interest rate of 29%, you will want to be extremely sure you make all minimum monthly payments on time and also pay off the full promotional balance during the promotional period.

    Since the ‘headline’ 2% cash back rate only applies to purchases under $299, and who buys anything at Mattress Warehouse for less than $299, we think this cash back rate is essentially irrelevant.

    We’d prefer to put a large mattress purchase on a cash back rewards card, but if you really need to spread out the payments, up to 48 months, this is an ok option for doing that. Just make sure to make all your payments and avoid that super high 29% interest rate.


    You’ve probably heard that replacing your mattress every eight years is critical. However, that’s not the timeline everyone follows. An interest in having a more comfortable mattress or getting a new one when you move motivates many people to make that purchase.

    If you want to test out your mattress before buying or find one you can take home as early as today, the Mattress Warehouse credit card allows you to finance your mattress purchase. Mattresses can be expensive, but this card lets you pay for the mattress over time if you can’t pay the total price all at once.

    Good and Bad Aspects of The Mattress Warehouse Credit Card

    As with any credit card, there are pros and cons associated with this one. The ability to go ahead and make a costly mattress purchase is a perk associated with securing this Mattress Warehouse Credit Card.

    However, that’s not the only positive selling point associated with it. There are some downsides to securing this card, too.

    Let’s check out all the details ⏩ 

    Pros Associated With the Mattress Warehouse Credit Card

    Mattress Warehouse credit card benefits


    There are a couple positives associated with getting your hands on the Mattress Warehouse credit card, including:

    • No annual fee.
    • Financing options up to 48 months depending on size of purchase (see details below).
    • 2% cash back for purchases under $299.
    • Individuals with poor and fair credit scores are more likely to be approved for a store card like this one, than for most other credit cards

    They also have the typical credit card benefits that are standard today:

    • Fraud protection liability program.
    • Website and app for account management
    • Make payments via the website, app, auto payment enrollment, phone, and snail mail.
    • Ability to request a spending limit increase
    • Synchrony Bank reports your payment history to all three credit bureaus.

    Cons Associated With the Mattress Warehouse Credit Card

    Mattress Warehouse credit card cons

    A few of the downsides of the Mattress Warehouse credit card are:

    • Essentially no rewards – the 2% cash back is only on purchases under $299, who spends less than $299 at Mattress Warehouse?
    • The promotional financing is only on “qualifying purchase on one receipt,” so make sure you’re first purchase is the big one you want to take advantage of the promotional financing with
    • Like most store credit cards, you can only use this at the store issuing it, in this case Mattress Warehouse and other furniture stores that accept the Synchrony Home Credit Card.
    • Its annual percentage rate (APR) goes up considerably after the promotional period. The APR is also very high if you don’t pay the full balance off during the promotional period or fall behind on making monthly minimum payments. Remember that the minimum monthly payments probably will not add up to pay off the full promotional balance within the promotional period

    Payment Plan Options (Financing) Offered To Mattress Warehouse Credit Card Holders

    Current deferred interest promotions available to new applicants for the Mattress Warehouse credit card include:

    • 6 months: purchases at least $299
    • 12 months: purchases at least $599
    • 18 months: purchases at least $998
    • 24 months: purchases at least $999
    • 36 months: purchases at leas $1,499
    • 48 months: purchases at least $2,999
    • 60 months: purchases at least $3,999

    There aren’t any exclusions for purchases of certain types of premium mattresses such as Tempur-Pedic.

    The mattress store also regularly runs promotional offers that award gift cards if you meet certain mattress financing thresholds when using Mattress Warehouse Synchrony Home Credit Card. At writing, no extra promotion was being offered, however.


    Final word on the Mattress Warehouse Credit Card

    If you’re interested in a new mattress but can’t or don’t want to pay the full amount up front, the Mattress Warehouse credit card might be for you. Make sure you pay off the full balance during the promotional period and make all of your minimum monthly payments on time along the way, though, or the 29% interest rate will make sure mattress purchase much, much more expensive in the long run.

    What To Know About the Mattress Warehouse Credit Card and Its Issuer

    The issuer of this credit card is Synchrony Bank. It’s the same issuer of many store branded credit cards like this one.

    Remember that this card is really just a co-brand of the Synchrony Home Credit Card.

    While many Synchrony Bank cards feature Mastercard or Visa logos on them, meaning they’re usable at stores or sites other than the branded one, that’s not the case with the Mattress Warehouse credit card.

    This card issuer is generally good about issuing credit to a wide variety of consumers, including consumers with sub-par credit scores (poor or fair credit), but of course this is not guaranteed.

    Remember that the Mattress Warehouse credit card disclosures state that credit card limits aren’t set in stone. That literature spells out how Synchrony Bank may reduce your spending limit or close your card if they notice your credit score significantly drops, you don’t pay on time or enough too many times, or if you stop making purchases with it.


    Here are some of the most commonly asked questions regarding the Mattress Warehouse credit card and how to use it.

    Where can I apply for the Mattress Warehouse credit card?

    You can either stop at a local Mattress Warehouse store or go to the mattress store’s website to apply for its credit card.

    What do I need on hand when applying for the Mattress Warehouse credit card?

    Synchrony Bank will need your typical personal data like name, Social Security number, date of birth, address, phone number, and income when you apply for the Mattress Warehouse credit card. It will also be necessary for you to submit your anticipated purchase total when applying for this card.

    Can you manage your Mattress Warehouse credit card account online?

    Yes. A website and a mobile app are available on Android and iPhone devices, where you can log into your Mattress Warehouse credit card account. These access points allow you to track spending and payment due dates, see when your promotional APR expires, pay off your balance, enroll in paperless billing, and take care of other functions.

    What are payment options for the Mattress Warehouse credit card?

    Synchrony Bank offers a variety of options for paying off your Mattress Warehouse credit card balance, including making a payment by phone, mailing it in, or logging into your online account to do so.

    How do I reach the Mattress Warehouse credit card customer service with questions?

    Customer service agents for the Mattress Warehouse credit card are available daily via phone, chat, and email, from 7:30 a.m. to 12 a.m. EST. The customer support line is 1-866-396-8254.

    Frequently Asked Questions (FAQ)

    Get fast answers to the most common questions 

    Where specifically can I use the Ivan Smith Credit Card?
    I'm looking for my Ivan Smith card login

    If you just need your Ivan Smith credit card log in, try navigating here.

    Or try searching Google for “Synchrony Home login” or “Synchrony Home credit card login”

    Is Synchrony Bank reputable?

    We think generally so. They’re a large, public company, that’s been around for a long time and is the bank behind hundreds of store-brand credit cards

    What are some similar cards?

    Check out all of the co-brands of the Synchrony Home Care Credit Card here

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    Editor's Note:

    At Personal Finance Guru, we want to help you maximize your lifestyle through personal finance. You can trust the integrity of our independent financial advice. Our opinions our own and have not been provided, review, approved, or endorsed by any advertiser or financial product provider. To support and grow the site, however, we may receive compensation from the issuers of some products.

    Cathy Gresham

    Cathy Gresham

    Editor & Author

    Cathy Gresham is a finance whiz. 

    After earning her MBA from The Wharton School, she has worked in strategy at some of the world’s largest and most influential financial companies for 20+ years. Notably, she has worked for the biggest credit card issuers and networks and brings an insider’s perspective to how credit card products work behind the scenes.  

    Cathy is passionate about personal finance and investing, and loves helping people learn about these complex topics. Her wit and humor make learning about money fun, and she’s always happy to share her knowledge with others.

    Cathy enjoys spending time with her family and friends when she’s not crunching numbers or developing investment strategies. She’s also an avid runner, and can often be found pounding the pavement on her morning jog.