Who else have no store cards?

[tmbr10]

I don't have a specific problem with store cards. They can be useful in alot of ways. I've had alot! But the major card carriers caught on to the deals the store cards were giving and countered with very useful rewards programs.

Now... unless its an interest free deal that you can pay off during the offered time period then i dont really see the use. Like an earlier poster mention... a home project placed on a Home Depot card for an interest free period is very hard to beat.

At this stage in my life, I believe the only store card that I would even consider (other then the Home Depot card i have) is a jewelry store card for an engagement/wedding ring.

[Anonymous]

---

@tmbr10 wrote:

I don't have a specific problem with store cards. They can be useful in alot of ways. I've had alot! But the major card carriers caught on to the deals the store cards were giving and countered with very useful rewards programs.

Now... unless its an interest free deal that you can pay off during the offered time period then i dont really see the use. Like an earlier poster mention... a home project placed on a Home Depot card for an interest free period is very hard to beat.

At this stage in my life, I believe the only store card that I would even consider (other then the Home Depot card i have) is a jewelry store card for an engagement/wedding ring.

---

The interest free deals are sometimes  no good when the same product may go on sale 90 days after one paid more.  It happens with Walmart interest free deals. Walmart automatically give a credit if they place something on sale and it hasn't been more than 90 days since the purchase. 

[Anonymous]

I dont' have any store cards, I guess it's because I have a bad taste in my mouth from when I was younger with store cards, which wasen't thier fault at all it was mine but I associate them together all the same.  So I guess it's my way of dealing with that whole issue.  I'm spoiled now for some weird reason if it dosen't say Platinum on it I don't want it!  haha I know how that must sound but I'm a Marine and I have a lot of pride when I look back and see where I've came  from to where I am now.  Now that I think about it I guess a Costco AmEx is a store card so I do have that one!!

[visorboy1974]

I have 2 store cards...Macy's is used for sale coupons for cardholders and Dell is used for 0% financing on computer purchases.  Both are very handy.  

[mokong]

i have a banana rep visa because most of my stuff came from Gap and also i have macys because of their coupon and also some of my stuff bought there too.ohhh i always PIF.

[CK_Charles_Lover]

I do have store cards basically I would say that they do give credit easier to people rebuilding or just starting out. Which helped me a lot. For example first two I had were Walmart and Nordstrom for $500. Walmart is now a discover at $3500 and Nordstrom is at $3500 also (haven't asked for a cli because I don't want the visa sig b/c don't want the new tradeline) Also Macy's if you shop there you are crazy not to have the store card. I get $20 off $50 Macy's reward coupon in the mail and other 20% off etc. every week. I do agree if you get nothing out of the store card ,0APR for X months or some rewards, much better to use prime cards and such for miles or cash back. 

[Mike360]

Store cards are awesome. APR is too high but i only carry a balance on 0% offers.

[Repo-ed]

---

@MsLadyRover wrote:

The store cards I have are because of their benefits and rewards.  Nordstrom for the rewards to earn Nordstrom Notes to spend, Target for the 5% off every purchase, Walmart for the free Fico, Victoria's Secret for the rewards to earn Angel Cards to spend, and Home Depot for the 0% financing whenever there is a household need.  I have JC Penney too.  Don't really know why I have that one.  I rarely use it.  I like that I can use it at CVS and Rite Aid though. LOL.

---

You can use your JCP card at rite aid and CVS?  Who would have thought...

[Repo-ed]

---

@Anonymous wrote:

I have a total of 10 cards: AMEX Blue and AMEX Sky, BOA AMEX, ATT Universal, PenFed Rewards, Discover More, Chase Freedom, USAA Platinum, Citi Platinum and Walmart Discover.

I do not like store cards- not just because of the high interest rates. 

---

This is a bit awkward, but you have a store card.  It's right ^^^^ there.

I have a few store cards.

Belk - I work there p/t, so I couple the Belk Elite Card rewards with my employee double-discount and it = win!

Amazon - Because I spend a crap-ton of money w/ Amazon, so it makes sense to take advantage of their 0% as well as points

Walmart - Do not shop there, but I certainly like the free TU FICO monthly

[navigatethis12]

Some stores offer discounts if you have their card. Macys gives 20%/$ off coupons very frequently. With the American Express version you also earn 3% back at Macys.

Two years ago I had not credit and Macys approved me for $300. Around five months later it jumped to $1000. So store cards are easier to obtain for people that have no credit history. Now I have the American Express version with a $5000; so I love the card and will always keep it.

I also have an Amazon Store card that started at $1400 (again with little credit history) and in nine months it jumped to $2380. This card is good if I am buying something and want to keep money earning interest for a little bit longer since anything over $149 can be financed.

I do not know the interest rate on either of these or any of my other cards because I never have and never will carry a balance.