Credit & Store Cards
Store cards and credit card rewards explained for UK consumers. Articles cover how they work, interest rates, debt management, balance transfers, and credit score impacts.
Can I Transfer My Store Card Balance?
Most store cards don't let you transfer balances, so you're stuck paying their high interest rates unless you pay the full balance quickly.
Do Store Cards Charge Too Much Interest?
Store cards often charge 20% interest or more, but should retailers be held more accountable for these high rates.
How Are Credit Cards Different to Store Cards?
Store cards and credit cards both let you buy now and pay later, but they work differently and charge different interest rates.
How Do Credit Card Loyalty Schemes Work?
Credit card loyalty schemes reward you for spending money regardless of where or what you buy, with cash back and other perks added up over time.
How Store Cards Affect Your Credit Score
Store cards charge high interest rates and missed payments can damage your credit score, affecting future borrowing.
Making Savings with Store Cards
You can save money with store cards if you pay off your balance before interest kicks in.
Stay Loyal or Face Inactive Penalty Charges
Loyalty schemes can charge you fees if you don't use them enough, and most people miss this in the fine print.
Store Card Debt and How to Manage It
Store cards are a major cause of UK debt, here's how to manage them responsibly and avoid getting into trouble.
The Best Alternatives to Credit Cards
Skip the credit card interest fees and find payment methods that work just like plastic without the debt burden.
The Facts About UK Store Cards
One in nine UK store card holders never pay off their balance on these high-interest accounts, and many are approved without credit checks.
The Pros and Cons of Holiday Credit Cards
Holiday credit cards can save you money on foreign exchange, but you need to weigh the pros and cons before applying.
What Are Store Cards and How Do They Work?
Store cards let you buy now and pay later, but high interest rates often make them much more expensive than they seem.
Who Benefits from Store Cards: You or the Store?
Store cards offer discounts and convenience, but they often cost you more in interest charges than you actually save.