Why Card-Specific Discounts Don't Work
Photo: nanetteturner
It's tempting to sign up for store credit cards that offer perks like a percentage off on every purchase or special sales throughout the year. But is it really in your best interest to open one of these cards? To get an idea, I consider the perks, interest rates and fees of four popular store credit cards in my Financial Edge article for Investopedia, Why Card-Specific Discounts Don't Work.
It's tempting to sign up for store credit cards that offer perks like a percentage off on every purchase or special sales throughout the year. But is it really in your best interest to open one of these cards? To get an idea, I consider the perks, interest rates and fees of four popular store credit cards in my Financial Edge article for Investopedia, Why Card-Specific Discounts Don't Work.
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