Gaack.! When I finally checked on the Synchrony B ank interest rates I was mortified. I know The Feds set rates, banks comply, companies’ contract with banks , and voila, the consumer gets stuck. Now, to beat them at their own game, I do balance transfers to cards offering 0% interest for 12-18- months and find it’s worth the 3-4-5% fee to make those transfers. IYou can save gobs of money with a balance transfer if you purchase items on the HSN or QVC credit cards. The rates are obnoxious. and insulting. Especially when hosts have to encourage customers to apply for the cards and make us feel like it’s a good thing. Extra easy pays, for example.
I don’t get out to shop at local stores, and unfortunately am a sucker for a good product , so I am guilty of shopping online… probably too much.

Any card with issued with Synchrony Bank seems to have a very high interest rate.I have seven different store cards with Synchrony and the lowest rate is over 25% and I have a very good credit score.Capitol One also has high rates for some reason.I only use one or two cards now that either have a 0% promo rate or very low rate.
Unless you can pay it off monthly in full or doing flex pays the HSN card is way to much at 32.24% [thats what mine is now]. Its not HSN causing this its the bank that issues the card.Many people are not using store cards now due to the insane interest rates on the cards.