What Four Credit Cards Won’t Rip You Off This Shopping Season?
It's tempting to apply for all those store credit cards during the Holiday Season, but they tend to have very high interest rates. Fortunately, a new study says that there are four store credit cards that aren't going to rip you off! The story comes to us from Credit.com and lists the four cards that won't stick it to you this Holiday:
1. Kohl's. There's no annual fee, you get 20% off your next order, coupon for 15% off in the mail and one coupon a month that gets you between 15 and 30% off.
2. Best Buy. You can either get 5% back in credit, or six months of no interest on purchases over $150 and 18 months if you spend more than $430. You also get free shipping on anything over $35 and again, no annual fee. (I love shopping at Best Buy)
3. Victoria's Secret. If you spend more than $250 a year, you get 4% back in store credit. And you get double the reward points for any bras you buy. So that one makes sense if you ALREADY spend $250 a year there. If you don't, maybe not.
4. Wal-Mart. If you buy gas, you get five cents off per gallon, which isn't much. But if you're rebuilding your credit, it's one of the easiest cards to get approved for and if you sign up for online statements, they send you your credit score each month.
Just remember that with any credit card, you need to stay under 10% of your limit to improve your credit.