Harbor Freight's Synchrony-issued store card serves two very different use cases: everyday rewards-earning (5 points per $1, redeemed as Harbor Freight Money) and deferred-interest financing for big tool purchases. Understanding which one you're using — and the risk in the second — matters more than the headline rewards rate.
The rewards side is straightforward
Every purchase earns 5 points per $1, worth $5 in Harbor Freight Money for every 500 points (a 5% effective return), plus 10% off your very first purchase when you open the account. There's no annual fee. For a shopper who pays the statement in full every month, this is a genuinely competitive store-card rate.
The financing side has a trap
On qualifying purchases of $149 or more, Synchrony offers Equal Monthly Payment financing at 0% APR for 6, 12, 24, or 36 months depending on the purchase size. This is deferred interest, not a true 0% promotional rate: if any balance remains when the promo period ends, Synchrony charges interest retroactively — back to the original purchase date — at the standard variable APR. For new accounts as of January 1, 2026, that standard rate is 30.99% (Prime + 24.24%). Only use this financing if you're certain you can pay the entire promotional balance before the deadline.
The standard APR is not cheap
Outside a promo, this card is expensive: 30.99% on purchases, and Prime + 34.24% (a punishing rate) if you trigger the penalty APR through a late payment. Treat this as a rewards-and-financing tool, not a revolving-balance card.
Our methodology
Every figure above — APR, fees, rewards rate, and financing terms — is attributed to Synchrony Bank's published Harbor Freight card disclosures, verified 2026. ClearValue Lending is not a card issuer; we score and compare publicly available terms. Confirm current terms at harborfreight.com before applying. See our full review methodology for how we score cards.