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whats the thought process with store credit cards and and the visa/mastercard version?

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Closingracer99
Valued Contributor
‎06-26-2014 09:52 PM
‎06-26-2014 09:52 PM

Re: whats the thought process with store credit cards and and the visa/mastercard version?

@collinsridge wrote:
@Closingracer99 wrote:
@collinsridge wrote:

I know alot of store's don't offer a mastercard/visa card because if it's only for that store (i.e Amazon, Target, etc.) all the money stays in house. They don't have to pay the transaction/swipe fee. Smart really.....

Well the money goes to GE for the Amazon Card.... Target on the other hand is it's own "Bank"  I believe so all that money is theres.

 

Personally the only reason i am considering keeping my Amazon store card is if I need to make a big purchase at least $149.99 i can finance it for at least 6 months 

Well, actually. TD Bank actually just bought Target Card Services so there goes that, Lol.

oh really? didn't know that lol


My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740
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