Sporting-goods fans who shop at SCHEELS often run into the SCHEELS credit card at the register or online, and the pitch is appealing. You earn points toward gift cards on the gear you already buy, plus a little something on everything else.
But not every shopper qualifies, and not every shopper should reach for a rewards card first. Here is exactly how the SCHEELS credit card works.
Key Facts at a Glance
| Issuer | First National Bank of Omaha (First Bankcard) |
| Network | Co-branded Visa (usable anywhere) |
| Annual fee | $0 (no monthly fee) |
| Purchase APR | 0% intro for 6 months on qualifying SCHEELS spend, then around 26.24% variable |
| Rewards | 3 points per $1 at SCHEELS, 1 point per $1 elsewhere; redeemed for SCHEELS gift cards (~1 cent/point) |
| Welcome bonus | Bonus points after first non-SCHEELS purchase (varies) |
| Credit score | Typically fair to good, around 640+ reported |
| Reported credit limit | Prequalification offers run up to about $1,000 |
| Secured version | Deposit $500-$5,000 sets the limit |
| Reports to | Experian, TransUnion, Equifax |
All figures as of June 2026. Confirm current terms on the SCHEELS or FNBO site before applying.
What Is the SCHEELS Credit Card?
The SCHEELS credit card is a co-branded Visa issued by First National Bank of Omaha, also known as First Bankcard. Because it is a Visa, you can use it anywhere Visa is accepted, not just at SCHEELS, which makes it more flexible than a closed-loop store card. If your score sits in the fair range, it is worth seeing how it stacks up against the best store cards for fair credit before you commit. FNBO reports the account to all three major bureaus (Experian, TransUnion, and Equifax). There is also a secured version, where a refundable deposit of $500 to $5,000 (in $50 increments) sets your credit line, for shoppers who cannot qualify for the unsecured card.
How the Points Work
The rewards are redeemed for SCHEELS gift cards rather than statement credits or cash. As of June 2026, the card commonly advertises 3 points per dollar on SCHEELS purchases and 1 point per dollar elsewhere, with each point worth about a penny toward a gift card, and points generally do not expire while the account is open. That structure favors loyal SCHEELS shoppers. If you rarely visit, a general cash-back card may pay you back more evenly.
SCHEELS Credit Card Rewards and Perks
As of June 2026, SCHEELS also advertises a bonus-points offer after your first non-SCHEELS purchase and an intro financing perk on qualifying SCHEELS spending. There is also a higher Premier tier for big spenders; you may qualify by spending a set amount on the card in a calendar year, which can lift your earn rate.
These perks reward heavy SCHEELS shoppers most. If you are weighing this against other earners, compare the best personal credit cards for rewards.
SCHEELS Credit Card APR and Fees
As of June 2026, the card advertises no annual fee and no monthly fee to be a cardmember. On interest, SCHEELS advertises a 0% intro APR for 6 months on qualifying purchases of a set amount, after which a variable APR around 26.24% applies, based on the Prime Rate. That variable rate is high, so carrying a balance long term gets expensive. APRs vary by creditworthiness. Pay your balance in full each month so you keep the gift-card points without losing them to that 26.24% interest.
Approval and Credit Limit
Co-branded Visa cards like this one typically expect fair-to-good credit, with reported approvals around a 640+ FICO score. Prequalification offers have run up to about $1,000, and your actual line depends on income and credit profile. Prequalification uses a soft pull, but a full application results in a hard inquiry. If you are denied, the secured SCHEELS Visa (deposit-backed) is a fallback that still reports to all three bureaus.
Pros and Cons
Strengths: no annual fee, usable anywhere Visa is accepted, 3 points per dollar at SCHEELS, a Premier tier for loyal shoppers, and a secured option. Trade-offs: rewards are locked to SCHEELS gift cards, the elsewhere rate is just 1 point per dollar, the ongoing APR is high, and it generally expects fair-to-good credit.
If your credit is not ready for this Visa yet, a card built for that job is the smarter first step. The Self Visa Credit Card is one simple way to build, backed by your own savings, reporting to all three bureaus, with high approval odds.
Worried about approval, or want a card you can use anywhere while you build? The Aspire Mastercard is a common stepping-stone: unsecured, no security deposit, accepts 580+ FICO, reports to all three bureaus, and pays up to 3% cash back.
Aspire® Cash Back Rewards Mastercard
Aspire® Cash Back Rewards Mastercard
Aspire® Cash Back Rewards Mastercard. Prequalify* For Up To $1000 Credit Limit. No security deposit. Packed with great benefits, it’s designed to give you more flexibility—and purchasing power—along with up to 3% cash back rewards!** Good anywhere Mastercard is accepted, it’s the go-to card for any lifestyle.
Standout feature
Up to 3% cashback rewards
Fees
$49 to $175; after that $0 to $49 annually; - $60 to $159 annually billed at $5 to $12.50 per month after the first year.
Pros
No Deposit Required. Prequalify for up to $1000 credit limit
Cons
High APR. 25.74% to 36%, based on your creditworthiness.
Either of these can help you build toward a card like the SCHEELS credit card. Firstcard helps you compare these paths in plain English, and you can track your score for free with Creditship.ai.
Is the SCHEELS Credit Card Worth It?
If you shop at SCHEELS regularly, pay in full, and have fair-to-good credit, the SCHEELS credit card can be a rewarding no-annual-fee pick. The gift-card points and intro perks add real value for loyal customers. But if your credit needs work, focus on building it first; once your score improves, a rewards Visa like this one becomes easier to qualify for and enjoy.
Frequently Asked Questions
Who issues the SCHEELS credit card?
The SCHEELS credit card is a co-branded Visa issued by First National Bank of Omaha (First Bankcard). Because it is a Visa, you can use it anywhere Visa is accepted, though you earn the most points on SCHEELS purchases. It reports to all three bureaus.
Does the SCHEELS credit card have an annual fee?
As of June 2026, the SCHEELS credit card advertises no annual or monthly fees to be a cardmember. The main cost to watch is the variable APR, around 26.24%, after any intro period. APRs vary by creditworthiness, so paying in full each month is wise.
How do SCHEELS credit card rewards work?
As of June 2026, the card commonly advertises 3 points per dollar at SCHEELS and 1 point per dollar elsewhere, redeemed for SCHEELS gift cards at roughly a penny per point. Points generally do not expire while the account is open. Confirm current rates and tier perks on the SCHEELS site.
What credit score and limit do I need for the SCHEELS card?
Reported approvals cluster around fair-to-good credit, roughly a 640+ FICO score. Prequalification offers have run up to about $1,000, with your line depending on income and profile. A secured version, with a $500-$5,000 deposit setting the limit, is available if you cannot qualify unsecured.
