A card that lets you buy goods on credit at a particular shop or chain of shops.
Store cards are issued by certain chains of shops, department stores and petrol stations. Store cards are like credit cards, charge cards or budget cards but they can only be used in the shops or group of shops which issue them. Store cards usually carry higher interest rates than the normal, internationally accepted credit cards.
Credit cards issued by stores for use within that store only.
a kind of credit card that is limited to use in a single shop or group of shops
a proprietary card issued by a retailer
This is a type of Affinity Card. Some retailers are able to offer credit cards via the use of a third party. They normally offer goods, services or 'points' as they are used which are available from the issuing store or another participating store chain. They are also sometimes referred to as Loyalty Cards.
An elongated coin designed as an advertising piece for a business. Similar to a traditional paper business card, but on an EC.
A credit card issued by a retailer. Unlike a general credit card, a store card has limited use as it cannot be used to make purchases at other shops.
This is a type of credit card that can only be used in the stores that issue the card such as Marks & Spencer or Argos.
Many large retailers offer customers there own store card which works in a very similar way to a credit card. Store cards can ease the cost of larger purchases - they are available at the point of sale and, once a credit check and application form has been completed, the card is valid and the purchase can be made. Some caution is recommended when considering store cards as a form of borrowing. While the ease with which you can get a store card makes it an appealing option, they tend to offer less of a good deal than a lot of credit cards - some store cards come with an APR of up to 30%. Store cards won't pose a problem if you are able to pay off the balance within the interest-free period (normally 55 days) - but, if not, debt problems can quickly mount up.
Store cards are a form of credit card but are issued by or for a particular retailer and can only be used in that retailer's store's) / chain (unless it is endorsed by a credit card company).
A form of credit up to a specified limit which is provided by certain retail stores. Usually, a minimum balance owing is payable each month with the remaining amount owing attracting an interest charge.
A payment card limited in its use to a specified retailer or group of retailers. Some cards include the facility to withdraw cash from cash machines. Also sometimes known as a Retailer Card.
also known as retailer card. A plastic payment card limited in use to a specified retailer or group of retailers.
