Store Credit Cards: Pros, Cons, and When to Use Them

Store credit cards are offered by retailers to earn extra bonuses or points when shopping at that store. They can take two forms: store cards, which can only be used at the issuing retailer, and retail network cards, which can be used at the issuing retailer and elsewhere. These cards offer perks like discounts, bonus coupons, or low-interest promotions, but may have high fees and rates, and strict restrictions on use.