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Store Credit Cards - Rewards & Drawbacks
Pitches to save an additional 10 to 15 percent on a day's purchases by opening a store credit-card account can sound pretty appealing. You might also be attracted by the cards' additional benefits, such as access to special sales or discount coupons.
But store credit cards have some significant drawbacks. And opening up too many accounts can lower your credit score.
To help you decide when to say yes to a store card and when to decline, we've outlined how the programs generally work and their pros and cons. We also looked at programs offered by some of the largest retailers to find the most generous ones. You can find the details in Best store rewards cards.