Read This Before You Use A Retail Credit Card

Is a retail, or store-branded, credit card a good idea? The short answer is, it depends.Retail credit cards, on average, charge significantly higher interest rates than non-retail credit card products do. However, many also offer rewards, discounts, and financing programs that other credit card products simply don't match and can be worth a look in certain cases.

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BING NEWS:
  • Credit card issuers charge new fees, higher interest rates to get around $8 late fee cap
    Consumers need to watch their credit card statements for notices in 2024, as credit card issuers attempt to combat an $8 cap on late fees.
    05/12/2024 - 8:57 am | View Link
  • Opening date confirmed for huge new Dunelm at Midlothian retail park with cafe
    The home and outdoor retailer earlier this year announced it would be relocating from their current home at Straiton Retail Park, Loanhead, to a larger unit which formerly housed TK Maxx ...
    05/10/2024 - 10:42 pm | View Link
  • Zeta launches ‘Digital Credit as a Service’ for banks in India
    IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
    05/10/2024 - 12:07 am | View Link
  • SFS' latest pool of mostly new cars secures $1 billion in auto ABS
    All four of the class A tranches benefit from total initial hard credit enhancement of 13.80%, while the B and C classes of notes are covered by 10.6% and 6.0% in initial hard credit enhancement.
    05/9/2024 - 12:12 pm | View Link
  • The Most Popular Store Credit Cards in Every State
    Retail credit cards often carry more restrictions, lower credit limits, and higher rates and fees than standard bank-issued cards. Threats to retail cards have also emerged from the growth of ...
    05/9/2024 - 7:36 am | View Link
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