store credit card

There are numerous options for store credit cards. Co-branded cards can include big names like Visa, and you can use them anywhere those cards are accepted. Some cards can only be used at the issuing retailer. Here are some tips to help you pick the right one.

Things To Consider

Guarding Your Credit

Opening multiple accounts for cards simultaneously can reduce credit scores, while also reducing the average length of credit histories. Failing to make payments on time can result in interest charges that can completely crush the discount that compelled you to sign up to begin with. Keep in mind that discounts offered for signing up may not apply to future purchases.

Maximizing Rewards

Make sure you understand everything about the rewards system of the card you sign up for. Ultimately, if you don’t spend a ton of money at that store, the rewards may not be all that significant. Remember that some cards come with reward caps.

Best Store Credit Cards

Amazon Rewards Visa

Includes signup bonuses, an APR of 14.24% to 22.24%, and points that are dependent upon where you use the card.

Barnes and Noble MasterCard

Includes 15-month introductory APR of 0% (actual APR falls between 13.99% or 24.99%.

Costco Citibank Visa

APR becomes 15.24% after six months at 0%, and you can earn up to 3% back on a maximum of four grand spent on gas that year.

Kohl’s

15% off the first purchase is one perk to this 23.99% APR card.

Walmart MasterCard

You can earn 1% with every dollar charged to this 22.9% APR card.

Barnes and Noble MasterCard

Includes 15-month introductory APR of 0% (actual APR falls between 13.99% or 24.99%.

Banana Republic/Gap/Old Navy

Earn gift certificates based on accumulated points. APR is 23.99% with Visa card, 24.99% with store card.

Bloomingdale’s American Express

5000 points scores a twenty-five dollar gift card, while the APR is 24.5% so don't be late on payments.

JCPenny

With a 26.9% APR, you can earn 10 dollar rewards certificates for each 100 points you accumulate in a given month.

Target REDcard

This 22.9% APR card can generate 5% off Target purchases.

K-Mart/Lands’ End/Sears

Monthly savings/sales opportunities, in addition to a 25/24% APR.

Macy’s American Express Star Rewards

Featuring an APR of 24.5%, these cards feature special savings that can depend on your membership level, in addition to special savings for mobile purchases and more.