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Stock impact report

What are store credit cards and when do they make sense? [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The cashier tells you that you can save 20% by signing up for a store card. That discount is significant, so what's the catch? A store credit card is a card that is offered by certain retailers and allows you to earn extra bonuses or points whenever you shop at that store. But they can have high fees and rates and, depending on your credit and the card issuer, may have strict restrictions on their use. What is a store credit card? A store credit card, often referred to as a retail card, is a type of credit card some retailers offer. They offer perks for shoppers, such as discounts on qualifying purchases, bonus coupons, or low-interest or deferred-interest promotions Store credit cards can take two forms: Store card: A store card can only be used to make purchases at the issuing retailer; you can use it to buy items in person or online through the retailer's website, but the card cannot be used anywhere else. Retail network card: A retail network card is a type of credit c Show less Read more
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