In 1958, a department store chain based in small suburb of Dallas, Texas issued a credit card that afforded users a great discount on products bought from their stores using the card. Ever since J.C. Penney started that trend, many other department store chains have followed suit, realizing the potential profits of this.


With discounts of up to 15%, store credit cards can be hard to resist. This can especially be true during holiday seasons such as Christmas when discounts can mean a whole lot of savings due to high volume of purchases. However, as with most credit cards, you've got to read the fine print and weigh the pros and cons before you jump on the bandwagon and get a store credit card for yourself.

Cons of getting store credit cards

The greatest drawback of store credit cards would be their exorbitant APRs. These can reach as high as the upper teens. For some people, that simply isn't worth it. If you tend to miss paying off your card balances each month, then you should forget about store credit cards.


Another disadvantage would be the effect of the open lines of credit on your credit score. With all the alluring discounts, it's easy to get carried away with your spending and end up with a pile of debt.

Pros of getting store credit cards

Unlike regular credit cards, store credit cards are much easier to sign up for. This can make store credit cards useful in establishing a good credit history. The lower spending limits also mean that you are far less likely to get carried away with your spending.


With department store cards, you can sometimes obtain a financing option for larger purchases such as appliances, furniture or electronics. Some stores offer their customers the option to pay for such purchases through a 6-12 month installment plan with little or no interest. However, the catch here is default payments may result in a longer repayment period where interest charges become applicable after this period.


Just like their regular counterparts, store issued credit cards come with all sorts of reward programs that you can take advantage of. In addition to these, most stores have a 'special savings' event whereby greater discounts are offered during certain periods exclusively for cardholders.




Adam Goldman recommends Find Credit Cards for finding a Chase card application.

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    Everyone is always interested in a bargain. It doesnt matter what time of year it is, shoppers want to know they can find a good place to shop with value evident while never sacrificing quality. So, where do you start? One of the best places for the savvy shopper on a budget appears to be at JC Penney Outlets. Known for their great customer care, commitment to quality driven products and good pricing, JC Penney is a fine choice for shoppers who are looking for clothing, luggage, jewelry, housewares, and much more.

    Another reason so many people like to shop at JC Penney is because they tend to be able to find additional savings through snail mail coupons, internet deals, shopping sale papers, and nationally advertised savings and special shopping days. Further, the JC Penney card holder will receive special invites to shop on select days at certain times for more deals and discounts. This just makes it that much more fun to shop at JC Penney Outlets because who doesnt love shopping when you can save money?

    Other good deals at JC Penney outlets nationwide usually take place at the commemoration of the companys anniversary, or when introducing a new product or addition to outlets nationwide or at the start of different holiday seasons such as The early bird Thanksgiving sales, Pre-Christmas deals on items nationwide and the infamous 2nd of January sales, that can last the entire week or month of January. Again, these deals will be available at every outlet nationwide. However, there are good deals that are offered on a regular basis at individual JC Penney outlets. These deals and sales are dependent on various factors such as the time of year, year end clearance sales, and new location promotional deals among other factors.

    Because there are so many JC Penney outlets spanning the length and breath of America and outlets in Puerto Rico and Mexico, individual outlets try to stock goods and commodities that are more suited to the locations. For instance, a JC Penney outlet in Puerto Rico may carry a wide range of swimwear and flip-flops instead of stocking up on Parkas and Ski Masks. So because outlets try to cater to the demands of the communities they are located in, these individual outlets usually also offer all kinds of mid-year sales, special deals and offers for cities that celebrate a locally recognized occasion, and general clearance sales on products and commodities at any time during the year or on an as-needed-basis.

    Good deals can be found at JC Penney all of the time. The best thing about JC Penney is that the store built a solid reputation on serving families at a good deal. Many years later, they are still keeping their promise of delivering quality, discounted prices, and great selections. This is the case regardless of which JC Penney Outlet gets the business. They are consistently dedicated to being the shoppers choice for good deals!

    Find more great shopping tips and ideas at http://www.giftsandtoys.info/ a website offering tips, advice and resources on topics such as choosing great cheese gift baskets, buying birthday gifts and even shopping at Neiman Marcus.