Home Depot Commercial Account In 2022 (How It Works, Benefits + More)
Home Depot is one the most popular home-improvement retailers in America.
- As a regular shopper at Home Depot, you may be curious to know what the Home Depot commercial account is, and how it works. You can read on to discover what I have discovered.
- Home Depot Commercial Account in 2022
Home Depot’s Commercial Account is offered exclusively to businesses through Citibank as of 2022. All authorized account users are granted buyer IDs for the purchase of goods. Account owners receive detailed billing statements of all purchases. Home Depot Commercial accounts must be paid in its entirety each month.
- Keep reading for more information about opening a Home Depot Commercial Account, how it works, its benefits, and other details.
What Is A Home Depot Commercial Account?
Home Depot Commercial Accounts (offered by Citibank) are part of the exclusive Business Accounts offered exclusively for Businesses.
Home Depot Commercial Account Authorized Users can get buyer IDs to allow them access their account for purchasing goods and services at Home Depot.
Home Depot can set up a commercial account for you that will allow you to maximize your cash flow. Additionally, your company will receive invoices with itemized details and statements detailing the purchase.
The Commercial Account is also free of annual fees, flexible payment options and easier to get approved for at Home Depot.
What is the purpose of a Home Depot commercial account?
A Commercial Account belongs to the Net 30 group. It reports to all three small business credit bureaus: Experian Small Business, Equifax Small Business, Dun & Bradstreet.
In addition, Home Depot can approve you for up to $2,500 on your Commercial Account.
A personal guarantee will not be required for Home Depot Commercial Accounts.
How Do I Get A Home Depot Commercial Account?
Apply for a Home Depot Commercial Account via the Home Depot Website.
It is important to note that your business will need pertinent information such as the legal name, billing information and business structure.
You must be an authorized officer or controlling party to apply for a Home Depot Commercial Account.
You must provide personal information of the owner or primary shareholder to be eligible for a Commercial Account. This includes your date and birth, name, address, as well as your age.
If you don’t meet the criteria for a Home Depot Commercial Account, it may be necessary to have a personal guarantee.
You also have the option to sign up for fuel rewards when applying for your Home Depot Commercial Account.
How can I make Home Depot Commercial Account payments?
Citi Account Portal allows customers online access to manage and make payments.
You have the option to use the payment methods of paying online or by mail to pay for your Home Depot Commercial Account.
It may take up to seven days for mail payments to reach your processing facility at Home Depot Commercial Account.
How Can I View The Purchases On My Commercial Account?
You can log in to Citi’s online portal and track purchases from your Home Depot Commercial Account.
All of your purchases will be itemized on your monthly billing statement for your Home Depot Commercial Account.
There are many options to track purchases through your Commercial Account. These include by buyer name or number as well as the purchase order.
How Do I Change Authorized Buyers On My Commercial Account?
Citi online portal makes it easy to manage the authorized buyers of your Home Depot commercial account.
Click on the Maintenance request button to allow you to remove or add authorized buyers to your Home Depot account.
Home Depot Credit Services may be reached by calling 866-8755490. Or, you can fax to Home Depot Credit Services at 1888-2666-7308.
To add authorized buyers, you will need to wait until you receive your new Home Depot commercial card.
What are The Advantages Of A Home Depot Commercial account?
As well as the business benefits of itemized billing and authorized buyers, a Home Depot Commercial Account also has additional bonuses for members.
On your application for your Home Depot Commercial Account, you can opt to receive fuel discounts at Shell.
With your Home Depot Commercial Credit Account you can get $0.10 in Fuel Reward savings for each $100 eligible purchase.
A commercial account member also has a year of Home Depot returns and a Pro Xtra membership.
What credit score do I need to open a Home Depot account commercial?
A Home Depot Commercial Credit Account will be granted to you if your credit score exceeds 640. That is roughly the credit score that’s required for credit cards at other stores.
It is important to note that you need to also be an owner of a registered company in order for you apply for a Home Depot Business Account.
What exactly is a Commercial Revolving Credit Card?
A Home Depot Commercial Revolving Charge Card is similar to a commercial account but is stated as harder to apply for.
With the Commercial Revolving Charge Card at Home Depot, you have the option to pay in full each month or make lower partial payments.
You can get approvals for bigger amounts of money from $2000 up to $10,000.
You will need to provide a guarantee in order to purchase a Home Depot Commercial Resvolving Charge card.
You’ll still have the option of itemized statements and easy purchase tracking. Online account management is also available.
Home Depot Commercial Account is now available. You can also refer to our other posts Home Depot Home Improver Card or Home Depot Pro Account and Home Depot Project Loan.
- Conclusion
Home Depot provides numerous benefits to businesses and offers strategies for managing their companies.
As well as providing fuel rewards and longer return policies, the Home Depot Commercial Account allows for easy tracking and management of your purchases.
- Authorized buyers can be added to your Home Depot Commercial Account. You can follow the account online and view an itemized bill. Y
You may change the authorized buyers of your Home Depot advertisement at any time by visiting Citi online portal.
What Is A Home Depot Commercial Account?
Home Depot’s Commercial Account is offered exclusively to businesses through Citibank as of 2022. Account holders are issued buyer IDs so they can buy products. The owners also have the option to receive detailed billing statements. Each month, the Home Depot Commercial Account should be fully paid.
What Credit Score Do You Need To Open A Home Depot Commercial account?
640
What is a Commercial Revolving Charcard?
You have the option to pay monthly in small amounts or all at once with your Revolving Credit Card. With the Commercial Account card, the payments are due in full. To increase cash flow, you also have the option of paying by invoice.
Home Depot has a net 30 account
Home Depot Commercial Accounts are net 30 vendor accounts. Each month, your balance must be paid in full. Authorized users can be given buyer IDs, enabling employees to charge on your account.
.Home Depot Commercial Account In 2022 (How It Works, Benefits + More)