The concept of a store-branded credit card can be highly effective for specific individuals. There is also a scenario where you can get into trouble with store-branded credit cards. The ...

While store cards generally offer exclusive discounts and loyalty benefits, even to people with subpar credit, most come with caveats that don't apply to good, general-purpose bank credit ...

You know the pitch. You're at the checkout counter, and the cashier says, "Want to save 20% today by opening a store card?" I've fallen for it in the past at Macy's. And regretted it later when ...