Ikano Life

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 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).

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.

To get the IKEA Family credit card, you need to be at least 18, live in the UK, and pass a credit and affordability check. You can check your eligibility before applying without affecting your credit score.