If you're thinking of getting a store credit card to your favorite online retailer or regional superstore, then you may be looking to learn as much as possible about store credit cards and the potential benefits that can come along with them. While it is true that credit cards are something that must be used responsibly, they can be very powerful tools that provide many benefits when used correctly.

The Top Line

  • While credit cards are often stigmatized, they can also be a tool to increase savings.
  • The value of a store credit card depends on the various benefits and rewards that it has to offer.
  • There are a variety of store credit cards available from retailers around the world.
  • Finding the best store credit card requires that you understand all of the benefits of store credit cards.

Benefits of a Store Credit Card

It's no secret why store credit cards are so popular, they do provide many different benefits, after all. If you want to make the best decision regarding your next store credit card, it's important that you understand all of the benefits that are associated with store credit cards. Here are just some of the benefits that you can enjoy when you select the right store credit card.

Unique Discounts

One of the best benefits of store credit cards is that they offer unique discounts that are only available to their customers. This rewards loyalty to your retail store of choice and provides you with an opportunity to save big on products that you love to buy and use.

Maximize Your Benefits

With special discounts available to you combined with loyalty programs that reward the more that you spend, many retailers offer opportunities to maximize your benefits. These rewards could provide you with even more cash benefit than travel rewards and other types of rewards offered by other credit cards.

Earn Rewards

One of the best things about store credit cards is that you can redeem your rewards points for purchases at that retailer. With the ability to reward points for purchases, much in the same way that travel rewards credit cards allow you to purchase flights, you'll find that the value of the points is high and that the value continues to compound the more often that you use your card.

Things to Know

Though there is a lot to love about store credit card points, there are also a few things that you should be aware of before you commit to one. Here are some factors that you should keep in mind.


The potential rewards from store credit cards can be lucrative, but don't forget that you still have to pay interest on purchases that are made with the card if you don't pay off the balance in full each month. The consequences can be severe, so responsible purchasing is still essential.


Though retail stores do promote their store credit cards heavily, it doesn't mean that everyone qualifies for approval. In fact, you still have to get a credit check in order to qualify for the credit card. It is possible to be rejected for the card if you don't meet their qualifications.