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Archive for June, 2009

Department Store

By tgon1563 On June 30, 2009 No Comments

Department Store
The maps of the stores charge a higher interest credit cards?

I wonder why the store card charges interest higher than normal credit cards (on average). I also believe that store cards are less likely to negotiate interest rates. Anyone know why?

I do not know why they are higher but their rate of law are always higher and department stores are almost ever lower. And I'm sure because many Sometimes they have special 0% financing for a certain amount of time you spend a certain amount of money. Best Buy is very popular for this purpose. I worked for a company credit card and I suppose that the increase rates are the big stores because they need more money in the amount of cash, because not many cases like these credit cards to big companies like Amex, Visa and Mastercard. I hope that helps.