Store Credit Cards | Credit Card Topics

10 Pros and Cons of Store Credit Cards

By: Andrea Woroch, 6/15/2021

Consumers love credit cards. In fact, this popular payment method accounted for 38% of point-of-sale transactions in 2020, compared to 29% made with debit cards and just 12% made with cash, according to a report from Statista. Among those shoppers who prefer to pay by plastic, store credit cards are often included in the mix. Retail credit cards are hard for consumers to pass up, especially when store associates tempt them with a bonus discount on the first purchase just for signing... read more »

21 Comenity Bank Store Card Alternatives

By: Adam West, 12/4/2019

If you’ve ever had a store-branded credit card, you’ve likely dealt with Comenity Bank. Most people haven’t heard of the Delaware-based bank, but there’s a reason why many people often search for Comenity Bank store card alternatives. That’s because Comenity’s cards often come with high interest rates and little, or no, rewards. The bank also has a history of false marketing for its payment protection programs that netted the company a $61.5 million penalty from the... read more »

Kohl’s Card vs. Target Card – Which Is Better?

By: Brittney Mayer, 11/15/2018

Look at any list of the top retailers in the United States and you’re practically guaranteed to see Kohl’s and Target appear in the rankings. While each store has its unique style and product offerings, both attract budget-conscious shoppers who seek value and reasonable prices on clothing, housewares, and other everyday essentials. Since Kohl’s and Target have the shared missions of helping consumers save, it’s no surprise that both retailers have store credit cards to... read more »

5 Facts About the Shopping Cart Trick for Credit Cards

By: Brittney Mayer, 7/13/2018

Have you ever heard of the shopping cart trick for credit cards? Although it's a little counter-intuitive to some, applying for new credit can cause your credit score to drop by several points. That's because of the hard credit inquiry added to your credit reports when lenders check your credit. While a single hard inquiry has only a small impact, multiple hard inquiries within a short period of time can cause more significant damage. As a result, it's always best to minimize the... read more »

What Credit Cards Are Accepted at Costco?

By: Ashley Dull, 5/29/2018

Although often mocked for the super-sized supplies stocked on pallets instead of shelves, warehouse clubs and their voluminous products can be a huge blessing to the budgets of large families and small businesses alike. One of the most popular warehouse chains is Costco, which sports over 740 locations around the world, more than 500 of which are in the U.S. But while consumers may love the store's copious quantities and cost-per-ounce prices, when it comes to the credit cards... read more »

13 Store Credit Cards for Bad Credit (The Easiest to Get)

By: Brittney Mayer, 12/8/2017

As someone who has been on both sides of the retail exchange, I know cashiers are often required by the company to spout that litany of offers at the checkout line. But knowing they have to ask me doesn't always reduce my level of annoyance when I'm in a hurry. Making matters worse is the fact that I know the average store credit card simply isn't that great of a deal, despite the tempting spiel memorized by the cashier. This is thanks in part to the high APR store cards tend to... read more »

Can I Use My Walmart Credit Card Anywhere? 3 Things to Know

By: Ashley Dull, 6/8/2017

If you're wondering if you can use your Walmart credit card anywhere, the short answer is -- well, it depends. It may not be the tidy answer you're looking for, but read on as we explain. Walmart is the largest retail company in the world and has remained in the top position among other American retail chains since 2002. Known for its "Everyday Low Prices," people love the convenience and affordability Walmart brings to the (dinner) table. With everything from clothing and furniture... read more »

Can You Use a Fingerhut® Credit Card Anywhere? (3 Options for Purchases)

By: Linsey Knerl, 3/29/2017

Most everyone has heard of Fingerhut, the retailer founded in 1948 and one of the first (and more popular) catalog stores to offer credit. Unlike other stores, where you would need to apply for a store card with approved credit terms, Fingerhut allowed consumers to break up their payments into installments, often with a fee or interest percentage built into the price of the product. Despite changes in the product lineup, marketing methods, and customer base, Fingerhut remains a... read more »

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All articles tagged Store Credit Cards (8)