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Making your IKEA Family credit card repayments on time helps you stay in control of your borrowing, avoid unnecessary fees and protect your credit history. Whether you prefer to pay your balance in full each month, make the minimum payment or pay a fixed amount, it's important to understand how repayments work and what happens if you miss one.

Representative example: With a credit limit of £1,200, your representative rate would be 23.9% APR (variable), based on a purchase rate of 23.9% p.a. (variable).

The IKEA Family credit card lets you spread the cost of eligible purchases through instalment plans at IKEA and beyond. Eligible IKEA purchases will qualify for interest-free instalment plans, while non-IKEA purchases offer a 3-month instalment plan option with a 3% fee. All instalment plans are managed in the app.

Representative example: With a credit limit of £1,200, your representative rate would be 23.9% APR (variable), based on a purchase rate of 23.9% p.a. (variable).

Eligibility for instalment plans on the IKEA Family credit card depends on the type of purchase and the total transaction amount. If a purchase qualifies, you can convert it into interest free fixed monthly payments through the app within 10 days of making the transaction.

Representative example: With a credit limit of £1,200, your representative rate would be 23.9% APR (variable), based on a purchase rate of 23.9% p.a. (variable).

The IKEA Family credit card offers 0% interest instalment plans up to 20 months (3% fee on plans for non-IKEA purchases). You will also get up to 56 days interest-free on purchases at IKEA and everywhere else – just pay your full statement balance on time each month. If payments are missed, or you don’t pay off your balance in full every month interest will apply.

Representative example: With a credit limit of £1,200, your representative rate would be 23.9% APR (variable), based on a purchase rate of 23.9% p.a. (variable). 

If you're planning a larger IKEA purchase, such as a kitchen, bedroom or full home refresh, there are different ways to spread the cost.

The IKEA Family credit card and the IKEA interest-free loan are both designed to help make bigger purchases more manageable. The right option depends on how much flexibility you need and how you prefer to repay.

Credit card representative example: With a credit limit of £1,200, your representative rate would be 23.9% APR (variable), based on a purchase rate of 23.9% p.a. (variable).

The IKEA Family credit card is a Mastercard with a typical credit limit available from £500 to £7,500. It offers up to 56 days interest-free when you pay your balance in full and on time, and has a representative 23.9% APR (variable). You can also access instalment plans, rewards from IKEA Family and manage everything in the IKEA Financial Services app.

Representative example: With a credit limit of £1,200, your representative rate would be 23.9% APR (variable), based on a purchase rate of 23.9% p.a. (variable).

Once you’re approved for the IKEA Family credit card, you can start using it straight away through your virtual card in the app. You can add it to your digital wallet, set up payments, and manage everything in one place, while you wait for your plastic card to arrive – within 5-7 working days.

You can apply for the IKEA Family credit card using the IKEA Financial Services app in just a few steps. Most applications take under ten minutes, and you’ll often get a decision within minutes. If approved, you can start using your virtual card straight away.

The IKEA Family credit card may be right for you if you want to spread the cost of larger purchases, especially for your home. It offers flexible repayment options, including 0% instalment plans on eligible purchases, but it’s important to consider repayments, interest, and fees before applying.

Representative example: With a credit limit of £1,200, your representative rate would be 23.9% APR (variable), based on a purchase rate of 23.9% p.a. (variable).