Reasons Why Opening A Store Credit Card Is A Good Idea

Many shoppers do not get online store credit cards guaranteed approval for valid reasons.

They generally do not feel secure holding card accounts. Still, many see it as beneficial and apply to avail of the discounts and perks. Which decision is right? It always depends on the user. There are disadvantages to owning a store credit. Not applying for one could be much safer. However, the advantages are also worth looking into. What are the reasons why opening a store credit card is a good idea?

Guaranteed Approval Store Credit Cards

This is not to say that the advantages outweigh the disadvantages. Still, it is good to take note of the benefits.

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Store Credit Cards vs Regular Credit Cards

Credit cards are all the same. That’s what many believe. Whether the opinion is positive or negative, the truth is, credit cards are not all the same. There are traditional and non-traditional credit cards. They vary in what they offer, terms, interest rates, credit limits, and other factors. Which, then, is the best? The answer depends on what can best provide for one’s financial needs. It may be a traditional type of credit card with traditional benefits. Or it could be as non- traditional as an online store credit cards guaranteed approval.

Traditional Credit Cards 
To find out what works best, one must first know how to differentiate credit card types. What are the common or traditional ones? American Express, Discover, Mastercard, Visa. All are well-known traditional types of credit cards called network cards. These major cards are accepted around the world. Not all retailers accept them, though.

Some networks set the fees but not the customer charges. It’s the issuers -- the banks and credit unions -- that decide on the charges. Regular credit cards can provide the following:
● Protection in disputes over card-bought goods and services
● Extension of the original product warranty
● Coverage of items, whether damaged, lost or stolen

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