Definition of «store cards»

Store card is a type of credit card that can only be used at specific retailers or stores. These cards are often offered by retail chains as a way to encourage customers to shop with them, and may come with special discounts or promotions for using the card. The interest rates on store cards tend to be higher than those of traditional credit cards, so it's important to pay off your balance in full each month to avoid accruing debt.

Sentences with «store cards»

  • It's one of the reasons I refuse to carry a department store card of any kind. (moneysense.ca)
  • Another option to consider is going for store cards or trade lines. (uponarriving.com)
  • You might have several credit cards or retail store cards sitting in your sock drawer, gathering dust. (debtkid.com)
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