Business launches new credit card option

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Harbor Freight Tools, the nation’s leading provider of quality tools at low prices launched its own credit card Tuesday, in partnership with Synchrony, a premier consumer financial services company.

The card offers its users substantial value and rewards on a wide variety of tools and equipment in Harbor Freight’s more than 1,085 stores nationwide.

Once customers apply for a Harbor Freight Credit Card, if approved, they can earn 10 percent off their first purchase, and 5 percent back on their future purchases in Harbor Freight money to spend on anything in the store. Or, they choose zero percent interest with equal monthly payments on purchases of $299 or more. This means no interest ever on their promotional purchase amount.

“For more than 40 years, our goal has been to provide hard-working Americans with the quality tools they need at a great value, and our Harbor Freight Credit Card is one of the most valuable tools we have ever offered,” Eric Smidt, founder and CEO of Harbor Freight Tools said. “Working with Synchrony, we have created a card which puts our customers first. I am particularly excited about the 0- percent interest financing option because it will make larger purchases easier by allowing customers to pay in time without interest charges or balloon payments on these specific purchases. I am excited and I think our customers will be excited as well.”

“The Harbor Freight card provides customers with greater flexibility, along with enhanced benefits and value to their loyal customers,” Tom Quindlen, president and CEO Retail Card, Synchrony said. “We look forward to partnering with Harbor Freight by providing a successful consumer financing program with an excellent customer experience for their cardholders.”

Customers can apply for the card at any Harbor Freight store, online functionally and application is expected to be available in the fall. With credit decisions in minutes, customers can use their discount immediately, if approved.

For more than 43 years Harbor Freight Tools has been America’s go-to store for quality tools at the lowest prices. The family owned company started in Southern California in 1977 and opened its first store in 1980. Today, Harbor Freight Tools is one of the nation’s fastest growing retailers with more than 1,085 stores nationwide, more than 20,000 employees and more than 40 million customers, who depend on the quality and value Harbor Freight delivers.

For more information about Harbor Freight Tools, visit harborfreight.com Follow the company on Facebook, Twitter, Instagram and YouTube.