Southern Tire Mart is a well-known tire retailer operating across the southern United States. In partnership with Synchrony Bank, they offer a credit card to their customers to help them finance their tire purchases. In this article, we’ll cover everything you need to know about the Southern Tire Mart credit card in 2023.
Benefits of the Southern Tire Mart Credit Card
If you’re a frequent customer of Southern Tire Mart, their credit card can offer some significant benefits. Firstly, you’ll receive 6 months of deferred interest on purchases of $199 or more. This means you won’t pay any interest on your purchase if you pay it off within 6 months. Additionally, you’ll receive exclusive discounts and promotions only available to cardholders.
How to Apply for a Southern Tire Mart Credit Card
You can apply for a Southern Tire Mart credit card in-store or online. To apply online, visit their website and fill out the application form. You’ll need to provide your personal information, including your name, address, and social security number. You’ll also need to provide your employment information and income details.
Once you’ve submitted your application, it will be reviewed by Synchrony Bank. They’ll consider your credit history, income, and debt-to-income ratio when deciding whether to approve your application. If you’re approved, you’ll receive your credit card in the mail within 7-10 business days.
Using Your Southern Tire Mart Credit Card
Once you’ve received your credit card, you can start using it to make purchases at Southern Tire Mart. You can also use it to make purchases at other retailers that accept Synchrony Bank credit cards. When you make a purchase, you’ll need to provide your credit card information, including the card number and expiration date.
Managing Your Southern Tire Mart Credit Card
You can manage your Southern Tire Mart credit card account online through Synchrony Bank’s website. This allows you to check your account balance, make payments, and view your transaction history. You can also set up automatic payments to ensure you never miss a payment and incur late fees.
Interest Rates and Fees
It’s important to note that the Southern Tire Mart credit card has a high-interest rate of 29.99%. This rate can increase to 32.99% if you miss a payment or your payment is returned. Additionally, there are late payment fees and returned payment fees that can be charged to your account.
Alternatives to the Southern Tire Mart Credit Card
If you’re not interested in the Southern Tire Mart credit card, there are other options available. Many credit cards offer cashback rewards or points for purchases that can be redeemed for merchandise, travel, or statement credits. Additionally, some credit cards offer 0% interest for a certain period, allowing you to make purchases without incurring interest charges.
The Southern Tire Mart credit card can be a useful tool for financing your tire purchases and receiving exclusive discounts. However, it’s important to understand the interest rates and fees associated with the card and to manage your account responsibly. If you’re not interested in the Southern Tire Mart credit card, there are other credit card options available that may better suit your needs.