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Credit Card Prehistory

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3:54 pm
August 25, 2010


AnotherBurglar

Member

posts 7

Store card far predate VISA/MC consolidation. They have highly evolved since then. It used to be that cards were issued by respective stores for credit toward their products. Nowadays it is mostly a rebranding of a VISA/MC with a company logo. The issue of higher rates associated with such cards seems to be a problem, even though mot can be ued anywhere V/MC accepted. Are there any low APR/fee winner out there?

10:42 am
August 27, 2010


lilbit4

United States, Ohio

Member

posts 19

I do have a credit card that I can use for 3 stores but the clothing stores are linked together by owners.  The interest rate is right in the middle but I must say I didn't get approved for enough credit line on it so I do not use it anymore.  I am not sure of any lower fees/interest on/at other stores.

2:42 pm
September 2, 2010


cycleq

United States

Member

posts 15

I never used a store credit card but have been thinking about it.  I was wanting to know if we pay them directly, the store that is, every month instead of sending a payment through the mail.  Also, do they give you a small amount to spend or is it based on your credit?

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