Sprint Credit Card Review

Feb 21, 2022 By Triston Martin

Sprint recently joined forces in a recent partnership with Home Credit (HCUS) to offer a Sprint Visa Credit Card suitable to be "more profitable than ever before to acquire the latest smartphone technology including accessories and an affordable wireless plan for you." With a glance, the card will earn 2 points per dollar for Sprint purchases and one point for every dollar for all other purchases. Furthermore, you'll receive a 0% introductory APR that lasts for 12 consecutive months—sprint purchases made after opening your account. You can redeem points for accessories or your next phone and even on your Sprint monthly bill for service and all with no annual cost.

· It's Not Available Anymore

Sprint Credit Card is not accepting applications anymore, but it's important to note that it wasn't always straightforward to apply for when it was in use. You needed to get an invite to sign up through email, snail mail, or even the Sprint retail store.

· Paltry Reward Rates

Sprint Credit Card runs on the Visa payment framework. It earns rewards according to these rates:

  • 3 points for every $1 you spend for each dollar on your Sprint bill using the card.
  • 2 points for every $1 you spend for additional Sprint purchases, such as in-store as well as on the internet at Sprint.com.
  • 1 point for every dollar spent for any other purchase. Points cost a penny per point, and there's no annual cost.

However, they're low rates and extremely restricted categories; when compared to other credit cards for stores, it will take longer to build up an impressive amount of points, even when your monthly Sprint bills are quite large. To compare, think about what you can expect from a rival card like the Verizon Visa Card, which has higher rates and more valuable broad bonus categories.

· Options for Redemption with a Limited Amount

Rewards can be redeemed only for the eligible Sprint products and services that you purchase directly through the carrier. This is your current monthly Sprint bill, along with phones and accessories. Online, in-store, and "telesale" purchases are eligible; however, purchases of Sprint merchandise from other retailers like Walmart do not.

The website of the card states that "we are always introducing new categories and merchants that are eligible for the card, so make sure to check back often." As of July 20, 2020, the card had not yet been approved by any categories, or new merchants had been introduced.

· Needlessly Restricting

To make the most of the rewards you earn, you'll need to install the My Home Credit mobile app first, and then you can make your redemptions with it. You'll also require a minimum of 2,000 points or the equivalent of $20 before you are able to begin making redemptions. It's possible to do this in increments of $5. You have only 30 days after the day an eligible purchase has been posted to your account before you can make use of points to pay for it.

· You Don't Want To Carry an Unbalanced Weight

In the past, there was a time when the Sprint Credit Card offered the opportunity to enjoy a 12-month introductory period of 0% interest; however, it was only applicable for Sprint purchases. There's no more promo that can assist you in financing a costly smartphone via Sprint. At the time of writing, the card's cost of borrowing was 17.24 percent, up to 35.99 percent. The top end of the band is quite high and could result in a significant cost when you don't pay the full amount every month.

It's not an aggressive card. The benefit for consumers is very minimal. You will find a variety of rewards credit cards offered by major issuers with higher reward rates, a broader range of possibilities for redemption, and attractive sign-up bonuses and APR promotions.


We would like to mention a few things regarding this Sprint Visa Credit Card: the 35.74 percent interest APR is a grueling and quick stopping. Sprint's bundles and services shouldn't be a factor in the card. It earns 2x points per dollar spent on all Sprint purchases; however, there are cards available that earn up to 5x for general telecommunications, such as those from SimplyCash(r) Plus Business Card from American Express or Chase Ink Business Cash Credit Card. Points are also worth 1 CPP, which can be used to redeem at a minimum of $20.

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