The card will allow customers to earn rewards on their everyday purchases that they can use to purchase the IKEA products they want. Cardholders will earn 5% back in rewards on all IKEA purchases, as well as Traemand kitchen installation and TaskRabbit At-Home Assembly services, 3% back on dining, grocery and utility purchases, and 1% back on all other purchases made with the card.
The new solution is part of a broader partnership with Alliance Datas card services business to design financing products that deliver credit lines and loyalty rewards to customers. In February 2018, the IKEA Projekt Card launched, offering a store-branded financing solution for qualified customers doing major home decorating and renovation projects.
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