How Does the Principal Platinum Merchandise Credit Card Work?

Posted on February 2, 2021 in Credit Cards

Are you ready to add a new credit card to your wallet without impacting your credit score? Most credit card applications do include a credit check or hard credit pull, but not every account has this requirement. If you’re working to improve your credit, don’t wipe out your progress by applying for a new account with a hard pull. Instead, look into applying for a Visa credit card like the Principal Platinum Merchandise Credit Card

This account is a merchandise or store credit card, which you can use to make everyday purchases while restoring your credit. There’s no credit check or hard pull necessary with your Principal Platinum card application. You can set your own credit limit, making this a versatile card for consumers who are building their credit. Now that you know why the Principal Platinum Merchandise Credit Card is a good option, let’s explore exactly how this account works.

Principal Platinum Merchandise Credit Card Details

The Principal Platinum Merchandise Credit Card provides is an introductory unsecured credit card with many benefits and very few risks. You can open an account with a fast and easy application. There is no employment or credit check required, so approval rates are high. Once your account is approved, you can use your card right away for merchandise at the exclusive Horizon Outlet online shopping website.

Your Principal Platinum Merchandise Credit Card offers a $750 credit line, which you can use immediately on Horizon Outlet goods. Start shopping for a variety of home goods, daily essentials, toys, clothing, and more. Your payments are reported to major credit bureaus so you can rebuild your credit without risking a credit check.

Explore the details of the Principal Platinum Merchandise Card:

  • $750 merchandise credit line
  • 0% APR
  • $0 application fee
  • $177.24 annual fee ($14.77 per month)
  • Minimum monthly payment of 10% of your balance or $25, whichever is higher

You do need an existing credit or debit card to open a Principal Platinum account. You’ll use this card to pay your monthly account fee as well as any shipping and handling charges on your Horizon Outlet purchases.

Principal Platinum Credit Card Benefits

The unsecured card offers many benefits that can help credit rebuilders. If you’re struggling to repair a low credit score, or have been repeatedly denied for other credit accounts, the Principal Platinum card is an easy step towards improving your financial situation.

Major benefits of the Principal Platinum Merchandise Credit Card include:

  • Fast and easy application
  • High approval rates
  • Access to an unsecured credit line
  • 0% APR and $0 application fee
  • Low monthly fees
  • Low minimum monthly payment requirements
  • Credit usage reported to major reporting bureaus
  • Principal Card Services 7-day Risk-Free Trial
  • Member benefits including online shopping, roadside assistance, and more

Shop At The Horizon Outlet

Your Principal Platinum Merchandise Card provides exclusive catalog access to shop at the Horizon Outlet, an online superstore full of daily essentials and seasonal delights. Your $750 credit line is valid on a wide range of products such as clothing, home goods, toys, seasonal decor, and more.

Find new outfits for the entire family at Horizon Outlet. You can choose from current styles for women, men, and kids. Update your closet with accessories, shoes, business outfits, casual clothes, pajamas, and much more from the large Principal Platinum card catalog of items.

Spruce up your home with a wide range of home goods. From books to electronics, decor to self-care, there is something for every taste. You can also find thoughtful gifts for any occasion!

Don’t miss the ever-changing selection of seasonal items. You’ll always find something for the new season and the next holiday. Horizon Outlet also offers exciting door-busters and clearance finds which are a perfect opportunity to scoop up last-chance deals.

Covered By Horizon Member Benefits

A Principal Platinum Merchandise Credit Card does even more than rebuilding your credit and opening up a vibrant online shopping experience. Membership also qualifies you for the Horizon Member Benefits, which offers this range of powerful tools:

  • Roadside protection
  • Legal assistance
  • Prescription medication discount plan
  • Credit Hawk credit report monitoring
  • Identity theft insurance

With Credit Hawk credit report monitoring, you can stay informed about your financial situation. Get current updates about any changes to your credit score. You’ll enjoy 24/7 access to this valuable service, so you never need to worry about your credit situation ever again.

Principal Platinum Credit Card Application

The application process is fast and easy. There is no credit check, employment check, or hard credit pull required for the Principal Platinum Credit Card, so it offers high acceptance rates. If you’ve been denied from opening other credit accounts due to bad credit or a low credit score, you can still be a successful applicant with Principal Platinum.

Once you’re approved for an account, you can start using your card immediately at the online Horizon Outlet. Principal Platinum reports your timely payments to major credit card bureaus, so you can start to see fast improvements to your credit score.

There is no credit check or hard credit pull when you apply for the Principal Platinum Merchandise Credit Card, so this account is a great option for strengthening your credit.

Build & Monitor Credit

With responsible handling of your account, the Principal Platinum Merchandise Credit Card can help you build your credit history. You also get access to 24/7 credit monitoring with Credit Hawk. This additional service is included with every account and is a powerful tool for taking control of your credit. You can watch your credit score improve while enjoying many exclusive benefits.

The unsecured Principal Platinum card is issued by Horizon Card Services, and is the perfect account for consumers who want to rebuild their credit scores while reinforcing smart credit habits. With an easy application process, no credit checks to impact your credit history, and a generous credit line immediately available, this card offers major benefits with little risk.

Apply for the Principal Platinum Credit Card

2021 Principal Platinum card reviews largely position this option as a top choice for those with bad credit, or no credit, such as the expert review from Credit Card Rewards.

Start rebuilding your credit and apply for the Principal Platinum Credit Card today!

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