At least 50 of the largest U.S. retailers boosted interest rates on their store credit cards in the months before the Federal Reserve began cutting rates, in moves that protected their profit margins.
When we think about credit cards and the best cash-back and travel options available, there is a good chance you won’t hear anything about store-branded credit cards. The biggest issue isn’t that ...
When asked to choose between a store card or a buy now, pay later plan, 58% of surveyed shoppers prefer store cards, according to a new report by LendingTree. Interest rates for retail store credit ...
The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the memo. The average interest rate on store credit cards reached 30.45% this ...
As we head into the holiday shopping rush, you'll notice retailers turning up the heat with sexy new credit card offers. "Sign up today and get 20% off your purchase!" "Instant savings at the register ...