Store credit cards – Discover the Best of Store Credit Cards
Store Credit Card: Shopping might be a hobby or just a necessity for you, but getting something back after we spent so much at a particular store is something everybody would love, right? Well, the good news is that your favorite store brands already know it and that is why they offer you the store credit cards for you to earn reward points and subsequently redeem those points to get discount offers.
Now, the card policies could be quite complicated at times as some of the stores have credit cards co-branded with financial organizations like MasterCard, Visa, and American Express and thus you can use those cards at other places too. While some of the brands have their exclusive store cards which can be used only while shopping with them or maybe their sister stores in some cases.
You need to know about all the terms and conditions, interest rate, reward point system before purchasing any of the cards and you must also be alert that the store can change their policies at any point of time. We have researched and listed down three best of store credit cards for you along with the details and offers that you will be entitled to receive as their card holder.
Costco Anywhere Visa
Annual Fee: $0
APR: 16.99%
Foreign Transaction Fee: 0%
The Costco Anywhere Visa card issued by Citi offers all the Citi member privileges including car rental insurance, theft protection, and damage protection among others too. This is the ideal card to subscribe for if you visit wholesale clubs for shopping. It offers you 4% cash back on first $7,000 you spent in the eligible gas purchases worldwide, every year. In addition to that, you will get 3% cash back on all your restaurant and travel purchases worldwide and 2% cash back on purchases made at Costco stores, both online and offline. You will also be entitled to receive 1% cash back on all the other purchases, including the gas purchases above $7,000 annually.
Amazon Prime Store Card
Annual Fee: $0
APR: 27.74%
Foreign Transaction Fee: 0%
The Amazon Prime Store Card offers you 5% cash back on all the purchases that you make at Amazon.com. Also, you will be eligible for 2-day free shipping on some of the products available on the portal. If you make purchases above a certain amount, you will have the option to choose between special financing and 5% cash back. Purchases made above the amount of $149 qualifies the cardholders for six months of special financing and above the amount of $599 or above provides 12 months of special financing. The only pre-requirement to get this card is that you need to have an Amazon Prime Membership which costs $99 annually, but if you typically spend more than $2000 every year on Amazon, then you can easily achieve break even with this card.
Macy’s American Express
Annual Fee: $0
APR: 26.99%
Foreign Transaction Fee: 3% of the transaction amount on purchases and cash advances
Macy’s American Express is a co-branded American Express card that offers you a host of benefits to enjoy on your purchases. This store card provides you to collect 5 points for every dollar spent on the purchases, and once you accumulate 1,000 reward points, you get $10 in Star Money. The card offers you to save 20% for the first two days on all your purchases after you purchase the card for a total saving amount of up to $100. Macy also sends its cardholders Star Passes that allows you to choose a day where you will get a 25% discount on all your purchases from the Macy’s.
Gap Inc Visa Card
Annual Fee: $0
APR: 27.24%
Foreign Transaction Fee: 3% of the transaction amount
Gap Inc Visa Card is the best option for earning maximum benefits while buying clothes. An open loop visa card further entails you to enjoy benefits regarding accomplishing the membership of Gap Silver Status after you earn 5,000 points. You earn 5 points on the expenditure of $1 at Gap brands, both online and offline whereas I point you earn on expenditure of $1 done elsewhere. Other benefits include free alterations, exchange of purchases without a receipt, and other loyalty perks.
Lowe’s Advantage Card
Annual Fee: $0
APR: 26.99%
Foreign Transaction Fee: 0%
The Lowe’s Advantage Card is a closed loop card but an outstanding pick and for people who desire to earn maximum rewards on their purchases especially on home improvements. The card offers 5% off on all purchases instead of points or special financing options on larger purchases. However, you cannot merge the offer with other coupons and discount programs like a military discount, employee discount, or special discount programs offered by Lowe.
