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Summary:  Fingerhut is an online retailer similar to Amazon that offers you the ability to shop online and establish or rebuild credit by reporting your account to all 3 credit reporting agencies.  It’s quick and easy to apply with instant approval.

We analyze a LOT of credit-building tools, but Fingerhut stands head and shoulders above the rest because it’s free to open an account, boosts your credit quickly, and just about anyone can qualify.  Here’s our Fingerhut review showing how it works and how to get started.

Fingerhut Review & Ratings


8 out of 10
Fingerhut logo

Fingerhut gives you access to thousands of items you can shop for online with the added benefit that you can pay it off over time and it can help you establish a positive credit history if you pay your bills on time. 
However, you will receive a hard pull on your  Experian credit report which can have an initial negative effect on your overall credit.

Ease of Use


Easy to qualify

No annual fee

Credit building tool

Reports to all credit bureaus


A hard pull on your credit report

Can only use credit with Fingerhut

What We Like

  • Founded in 1948 and owned by Macy’s
  • Millions of customers 
  • 34,478 5-Star Reviews on Trust Pilot
  • Credit Boost Speed: 30 Days
  • Estimated Credit Impact: *20 To 40 Points
  • Cost To Start: $0

Easy Steps to Start

  1. Apply for Fingerhut Credit: Instant approval, Free to apply
  2. Shop from Fingerhut Store: Over 450,000 products from brands like Dyson, Sketchers, and Samsung
  3. Make On-Time Payments: Grow your credit while making payments as low as $7.99 per month

Who Is Fingerhut?

Fingerhut was started back in 1948 by William Fingerhut as an automobile seat cover firm. In 1952 they became a mail-order catalog company. 

Through their site, you can buy everything from furniture, bedding, jewelry, and the latest electronics, all at low monthly prices. 

They also offer two different credit accounts through WebBank, one is called the Fresh Start and the other is the Advantage plan and if you apply online you can get an instant decision. 

Fingerhut home page

Who Is WebBank?

WebBank is an FDIC-insured, state-chartered industrial bank located in Salt Lake City, Utah. It was created in 1997 and operates under federal banking law.

They offer a wide variety of products like savings accounts and time deposits and they also partner with companies such as Fingerhut to provide niche financing solutions to businesses and consumers.

What Makes Them Different?

Fingerhut prides itself on being able to issue credit to people that have already been turned down by someone else. 

Even though the primary purpose of this account is to build your credit history, Fingerhut offers over 450,000 products and has 24/7 customer service.

What also makes them different is that you can pay with credit, and make monthly payments until your orders are paid off.

⚠️ Fingerhut does a Hard Pull on your credit through Experian.  This means you will receive an inquiry to get this account. These stay on your credit for 2 years. However, they usually no longer affect your score after one year.

Fingerhut Advantage Credit Account Review

The Advantage Credit Account is an unsecured store credit card, which means that you can only use the card to shop with Fingerhut or its partners.  

While you can shop for over 400,000 items, this account is primarily used to help people establish or rebuild their credit.

The main features of the Fingerhut Advantage Credit Account include: 

  • No Annual Fee
  • 29.99% Interest Rate
  • SafeLine Insurance Benefit (Optional)
  • 10% Back Through Payment Rewards Program
  • $38 Fee For Late Payments Or Returned Payments
  • Account Reported To All 3 Credit Reporting Agencies
  • Easy Approval Even With Limited Or No Credit History
Fingerhut approval rate

After you have been approved you’ll be given a specific credit limit, based on your credit profile, and can make purchases up to that limit. 

You won’t actually be receiving a physical card either, it is all online and you can access your account through the member portal area. 

You have the option to pay off your purchases over time or in full.

☝️ We recommend paying off balances as fast as possible because if you carry a balance, you will have to make minimum payments and incur interest.

It is always a good idea to keep your credit utilization low anyway.

If you aren’t approved for this account don’t worry, your application will automatically be considered for a FreshStart® Credit Account, which we’ll discuss a bit further down in our Fingerhut review, and works a bit differently.

Below is a Payment chart that shows what your payments could be based on how much you purchase:

Account BalanceMinimum PMT $

Fingerhut Credit Accounts help you to establish a solid payment history with no annual fees required.

Fingerhut FreshStart Credit Account Review

Depending on your credit, you could initially get approved for the Fingerhut FreshStart® Account. 

This account is a type of Installment loan and is set up with taking 3 steps:

  • Make a one-time purchase of at least $50.
  • Put a minimum of $30 as a down payment on your order and only a debit card, ACH payment, a paper check or a money order can be used for your down payment.
  • Pay off the balance in monthly payments split into either six or eight payments.

Once you have your first item purchased, in order to get your account upgraded to an Advantage Account, you need to make on-time payments over several months.

💡 Don’t pay off the item all at one time or you won’t be able to qualify for the upgrade.

Below should give you an idea of the fees involved: 

FreshStart Account Fees
Item Price$50.00$150.00
Required Down Payment$30.00$30.00
Finance Charge$1.79$10.68
Repayment terms6 monthly payments of $3.636 monthly payments of $21.78

In my personal opinion, purchasing something you need and paying a small fee over time, to establish credit is 100% worth it. Just be sure to make your payments on time.

Fingerhut Payment Rewards Program

While it isn’t your typical rewards program, it is something, and the best thing about this program is that once you are enrolled in it, it works automatically.

This program is for the Advantage account and gives you the ability to earn 10% towards Payment Rewards when you make payments on your account

If you earn $5.00 or more in rewards by the end of the 3-month period you will be given Payment rewards in that amount that can be redeemed on a new Fingerhut purchase. 

Payment Rewards Earning Periods

Payment Rewards has four 3-month (quarterly) periods each year in which you can earn Payment Rewards.

The earning periods are named for the four seasons and are divided as follows:

  • The Spring Reward is earned during February, March and April
  • The Summer Reward is earned during May, June and July
  • The Fall Reward is earned during August, September and October
  • The Winter Reward is earned during November, December and January

Earnings For Each Payment

During each 3-month period, you’ll earn 10% of the payments you make. 

If you earn $5 or more in Payment Rewards by the end of the 3-month period, you’ll be issued Payment Rewards in that amount that can be redeemed on a new Fingerhut purchase with your credit account.

The best thing about these rewards is that there is no limit to how many you can obtain.

👉 You get the payment rewards only for all-new posted payments less any refunds or reversals.

Safeline Account Protection

SafeLine Account Protection Plus is an optional benefit available with your WebBank/Fingerhut credit account.

It’s basically insurance protection in the case of major life events, unpaid leave of absence, hospitalization, involuntary job loss, disability, or even death. 

Fingerhut SafeLine account protection

SafeLine Plus will cover your current month’s minimum payment on your account for up to twelve months if you’re laid off or disabled, and up to three months if you are hospitalized, take an unpaid leave of absence from work or experience a major life event. 

You may even be eligible to have your balance canceled for extended disability, unemployment, or hospitalization.

If eligible, in the event of your death, bankruptcy, or foreclosure, your outstanding account balance (up to the assigned credit line) will be waived.

SafeLine Account Protection Plus Cost

You pay for this coverage only when you have a balance on your statement, and you may cancel the coverage at any time.

The cost is $1.19 for every $100 of your Fingerhut statement balance.

💡 If you do not have a balance on your statement, your SafeLine Plus coverage remains active and you pay nothing. 

Fingerhut Credit Pros & Cons


  • No Annual Fee
  • Improves Payment History
  • May Improve Credit Score


  • Costs Money
  • Credit Check Required
  • High APR

Alternatives To Fingerhut

I hope you see in our Fingerhut review that we’ve shown you a great option to get things started with your credit profile.  

However, there are a few other options available for building or rebuilding your credit, and if you can, I would get them in addition to the Fingerhut account.

Credit Builder Loans

These loans have a small monthly fee attached to them and they don’t do a hard pull on your credit report.

Just like Fingerhut, Credit Builder Loans will report to all 3 credit reporting agencies, but once the loan is paid off, the funds will be sent back to you.

We wrote a detailed guide about everything you need to know about credit builder loans and a review of Self, one of the best credit builder loan companies.

Secured Credit Cards

If you have about $200 dollars to invest in building your credit,  then a secured credit card is probably going to be a great option for you.

There are several options you can choose from and it is usually easy to get approved for them. 

Secured Credit Cards will report to all 3 credit reporting agencies and you can actually use them anywhere a Visa or MasterCard is accepted.

You can check out our guide to secured credit cards and our selection of the best secured credit cards

Steps To Take After Approval

It feels great getting approved for something, no matter what it is, you feel like you have just won something.

But, now that you have been approved, there are some things you should be doing with your accounts.

Make On Time Payments

I am sure you are tired of seeing everyone saying “on-time payments”.

Helpful Tip: If your application goes to “Pending” status it doesn’t mean Declined. Usually, more information may be needed.

But it is super important and is one of the largest factors in your credit score.

No matter what, avoid late payments.

Keep Credit Utilization Low

Another factor to consider is credit utilization, you really want to keep this under 3% of total credit if you can but try to never get it over 15%.

For example, if you have 3 credit cards with $1,000 limits on each of them, your total credit is $3,000.

If you spend $500.00 the percentage of credit you are utilizing is around 16.6% and is above the recommended credit utilization, so be mindful of how much you spend.

How Do I Cancel My Fingerhut Account?

You can close your account at any time by writing to them at:

WebBank, Fingerhut Credit Account Services
P.O. Box 0260
St Cloud, MN 56395-0260

You cannot use your account for any purchases after you cancel or close your account.

If you don’t pay any remaining balance in full when you cancel, your outstanding balances will continue to accrue interest charges. 

Is There A Fee For Closing My Fingerhut Account?

Outside of the fees associated with your remaining balance, there is no fee for closing your account.

Sidenote: Funny Fingerhut Misspellings

Do you ever look at a word and think, ‘Did I spell that correctly?’

Some words just appear to be spelled incorrectly when in fact, they are not. 

Finger and Hut are two words that function fine by themselves but when slammed together to make one word, it appears strange and unnatural. 

We thought we would take a look at the most common misspellings of Fingerhut and see if you can think of one we may have missed? 

Have you ever accidentally misspelled Fingerhut? 

If so, be sure to let us know your funny spelling version of Fingerhut in the comment section below. 

Here is a list of some of the funny ways we have spelled Fingerhut this past year…

  • Finger hut – What exactly is a ‘finger hut’? 
  • – Spelled correctly but for the dot com. 
  • Fingerhunt – New babies are know for going on a fingerhunt.  
  • Fingurehut – Kind of seems like a special fin on a fish… that fish is lucky to have a fingurehut! 
  • Figerhut – Catchy name for a tiger house, the figerhut? 
  • Fingerhit – Fingerhit is what happens every time I use a hammer, followed by another word starting with ‘F’. 
  • Fingethut – Specially designed enclosure for people who fidget, called the fingethut.
  • Finerhut – Expect nothing but the best from Finerhut! 
  • Fingehut – We keep the fingehut types on the outskirts of town…
  • Fingergut – Can you fingergut that fish? Gross! 
  • Fingerhutt – When you really need an extra T, Fingerhutt. 
  • Fingerhu – I’m no snitch, I don’t care Fingerhu. 
  • Fungerhut – A new take on ‘Hangry’, ‘Fungerhut’ shopping Fingerhut while hungry! 
  • Fingurhut – It took me a good 30 seconds to realize ‘Fingurhut’ was misspelled…
  • Fimgerhut – Fimgerhut is the result of fat fingers. 
  • Fingerhur – Type too fast and you get Fingerhur.
  • Fingerhuy – A new helicopter was just released, the Fingerhuy! 
  • Fingrhut – The E is usually before the g, not after, Fingrhut. 
  • Fongerhut – This sounds like a military communications tent, the Fongerhut. 
  • Finguerhut – I think Finguerhut is french for Fingerhut. 
  • Finherhut – German for Fingerhut?
  • Figurehut – An Unassembled hut sent without instructions is commonly referred to as a figurehut. 
  • ‘figurehut’ – Another hut with no building instructions… ‘figurehut’! 
  • Fingerhurt – My ‘fingerhurt’ after a long night on the xbox. 
  • Fingerht – When you get that hard to reach booger out of your nose a fingerht is appropriate, finger ‘hat tip’. 
  • Fingure hut – The fingure hut is seasonally available to anglers. 
  • Fingeehut – You can find the best bungee jumping from Fingeehut! 
  • Fngerhut – The hut for the man with not quite nine fingers, fngerhut. 
  • Finger hunt – A finger hunt is something a person never wants to do for their own digits. 
  • Fingerh – When you upset me I give you fingerh… counted from left to right. 
  • Ingerhut – Hut’s my name… get it? Cause inger is a surname, ingerhut… crickets, crickets, crickets.
  • Finghut – What we call an eclectic hut that has lost their way… a finghut.
  • Fingerhut’ – Unsure if I am feeling possessive or plural… Fingerhut’. 
  • Fibgerhut – An underground bunker full of Metamucil is a called a fibgerhut. 
  • Fingerhutcom – Check out the annual credit building event of the year at Fingerhutcom! 
  • Finferhut – You know some people really knock my living conditions but I say it is finferhut. 
  • FFingerhut – A place where coitus may be made… FFingerhut. 
  • Fingerhur – This one is too easy but I’m not going to snatch the bait with fingerhur. 
  • Fongerhor – Someone who practices this questionable profession is called a  fongerhor.

Taking Action On Your Credit

Hopefully, you found this Fingerhut Credit Review helpful because store Cards or Catalog Accounts are a great option to help build or rebuild your credit.

There is no better time than now to get things started and the sooner you get your accounts, the faster it will hit your report and start helping you.  

Still not convinced? 

Read about how Fingerhut credit helped my business partner increase his credit score by 100 points

Or, start building your credit today with a Fingerhut Account!

Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements, or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved, or otherwise endorsed by any of these entities prior to publication.