How to get the most out of your store card?
To make the most of store credit cards, follow these guidelines:Always pay your balance in full to avoid high APRs ranging from 25% to 30%.Be cautious with 0% financing offers; pay off the balance within the specified timeframe to prevent retroactive interest charges.Avoid carrying balances on store cards due to lower credit limits, which can negatively impact your credit.Consider general-purpose credit cards for higher credit limits, more versatile rewards, and no retroactive interest.Choose a store credit card that aligns with your spending habits and credit profile, ensuring effective management to avoid interest and fees.Store credit cards can offer exclusive benefits, but understanding their terms and utilizing them wisely is crucial to maximize advantages.