Firestone collects personal and financial information from customers applying for a credit card and requires them to read and agree to its credit card terms. Firestone also requires customers make a $299 minimum purchase upon approval.Continue Reading
Firestone offers credits cards through Credit First National Association and bases decisions to extend credit on a quick credit check. To apply, customers must supply Firestone with their full legal name, date of birth, mailing address, residential address and previous residential address if they've lived in their current residence for less than 1 year. Firestone also requires customers provide a home telephone number, e-mail address, Social Security number, annual gross income and driver's license and its issuing state. Applicants also must disclose whether they own or rent their home.
As of January 2015, Firestone offers a promotional, interest-free credit plan for new account holders. Firestone does not charge interest on the initial purchase of at least $299 as long as the account holder makes minimum monthly payments and pays off the charge before the six-month period ends. Firestone charges interest to customers who do not make monthly payments or pay off their balances within the six-month promotional period. Firestone bases interest charges on the average daily balance from the date of purchase, not from the end of the six-month period.Learn more about Credit & Lending