Best Store Credit Cards
WalletHub makes it easy to find the best store credit card for you.
A store credit card is a credit card that can only be used to make purchases from one retailer or a group of related retailers. According to WalletHub research, store credit cards typically have... show more
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5 Best Store Credit Cards of May 2024
FILTER STORE CREDIT CARDS
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- Up to 5% back on Walmart purchases
- No annual fee
- No foreign transaction fee
- No promotional financing offers
- Above-average regular APR
- $0 Annual Fee
- 1 - 4% Cash Back on Purchases
- No Foreign Transaction Fees
- No Initial Rewards Bonus
- In-Store Rewards Redemption Only
- High Regular APR
- $100 initial bonus
- 5 points / $1 on PlayStation Store purchases and PlayStation and Sony products from authorized retailers
- No annual fee
- Potential for a very high regular APR
- Inconsistent redemption value
- No membership fees
- High rewards rate
- $100 initial rewards bonus
- No intro APR on purchases
- No intro APR on balance transfers
- Foreign fee
- No annual card fee
- High rewards rate
- Free Dash Pass for a year
- No foreign fee
- No intro APR on purchases
- No intro APR on balance transfers
- Requires good/excellent credit
- No annual card fee
- High rewards rate
- $100 Instacart credit initial bonus
- No foreign fee
- No intro APR on purchases
- No intro APR on balance transfers
- Requires good/excellent credit
- $100 Amazon gift card upon approval
- No annual credit card fee
- High rewards rate
- No foreign fee
- No intro APR on purchases
- No intro APR on balance transfers
- Requires good/excellent credit
- No membership fees
- High rewards rate
- 30% discount initial rewards bonus
- No intro APR on purchases
- No intro APR on balance transfers
- Foreign fee
- Requires good/excellent credit
- No membership fees
- High rewards rate
- Up to 5,000 points initial rewards bonus
- No foreign fee
- No intro APR on purchases
- No intro APR on balance transfers
- Requires good/excellent credit
- No membership fees
- 35% discount initial rewards bonus
- Qualify with fair credit
- High regular APR
- No membership fees
- 0% intro APR on purchases
- 0% intro APR on qualifying balance transfers
- Reports to the three major credit bureaus
- No rewards
- No initial rewards bonus
- Balance transfer fee
- High regular APR
- Earn rate: 1.5 - 5% cash back
- 0% for 15 months on purchases and balance transfers
- $0 annual fee
- Balance transfer fee
- Foreign transaction fee
- Potential for a high regular APR
WalletHub's Research
Our picks for the best store credit cards in 2024
Capital One Walmart Rewards® Mastercard®
Why We Like It: The Capital One Walmart Rewards® Mastercard® (see Rates & Fees) is one of the best retail credit cards because it offers up to 5% cash back on Walmart purchases and up to 2% cash back on purchases made elsewhere. Specifically, you can earn 5% cash back in Walmart stores using Walmart Pay for the first 12 months, 5% back on Walmart.com purchases, 2% back at Walmart stores and fuel stations, 2% back on restaurant and travel purchases, and 1% back on all other purchases. This card also has a $0 annual fee.
In addition, it’s worth noting that if you don’t qualify for the Mastercard version, you will be automatically considered for the Walmart® Store Card. That version only works for Walmart purchases.
What We Don’t Like: The interest rate applicable to balances carried from billing period to billing period could be very high.
Who Should Get It: Apply for the Capital One Walmart Rewards® Mastercard® if you have fair credit or better and shop at Walmart frequently. It’s also good for travel and restaurants.
Costco Anywhere Visa® Card by Citi
Why We Like It: The Costco Anywhere Visa® Card by Citi is the best warehouse club credit card because it offers 1 - 4% cash back on purchases and has a $0 annual fee.
What We Don’t Like: Costco membership is not included with the card, but you have to be a Costco member to get approved. Plus, your rewards earnings are only paid out once per year.
Who Should Get It: Apply for the Costco Credit Card if you have excellent credit or better, belong to Costco or want to join, and spend a lot on gas, travel, dining at restaurants, and Costco purchases.
Amazon Store Card
Why We Like It: The Amazon Store Card is one of the best store credit cards for online shopping. It gives 5% back on purchases to cardholders with Amazon Prime, and all new cardholders get a $10 Amazon gift card upon approval for an account.
What We Don’t Like: You need to be a Prime member to get ongoing rewards. In addition, the card’s special financing offers include deferred interest.
Who Should Get It: Consider applying for the Amazon Store Card if you have fair credit and an Amazon Prime membership.
Target Credit Card
Why We Like It: The Target Credit Card is the best store credit card overall because it has a $0 annual fee and gives 5% back on Target purchases, plus free 2-day shipping for online orders and 30 extra days to make returns.
What We Don’t Like: This card has a fairly high interest rate for balances carried from month to month.
Who Should Get It: Apply for the Target Credit Card if you have fair credit or better and you regularly make purchases from Target.
Fingerhut Credit Account
Why We Like It: The Fingerhut Credit Account is the best store credit card for people with bad credit because it has $0 membership fees. This card will also help you build credit if you pay the bill on time every month.
What We Don’t Like: This card does not reward you for making purchases, and its APR is high.
Who Should Get It: Consider applying for this card if you have bad credit.
All of the best store credit card offers have $0 annual fees, and most give cardholders the opportunity to earn a lot of rewards. There are plenty of great offers, too. In general, store credit cards are known for big discounts on the day of account opening, ongoing benefits for loyal customers, low fees and fairly lenient approval requirements. WalletHub’s editors compared the offers affiliated with the largest and most popular retailers based on those factors to find the best store credit cards on the market right now.
For your convenience, we’ve summarized our picks for the best store credit cards in the most popular categories below:
Best Store Credit Cards Comparison
Credit Card | Best For | Annual Fee |
Capital One Walmart Rewards® Mastercard® (see Rates & Fees) | Winner | $0 |
Amazon Store Card | Store Credit Card for Online Shopping | $0 |
Costco Anywhere Visa® Card by Citi | Co-Branded | $0 |
Target Credit Card | Best Rewards | $0 |
Fingerhut Credit Account | Store Credit Card for Bad Credit | $0 |
Finally, we do not recommend using a store credit card to finance big-ticket purchases. The best 0% credit cards offer much better deals, and store-card financing often includes a dangerous feature known as deferred interest. It basically means that if you pay your bill late or don’t pay off your full balance by the end of the promotional financing period, interest charges will be retroactively applied to your entire original purchase amount.
How we picked the best store credit cards
To identify the best store credit cards on the market, WalletHub’s editors regularly compare more than 200 store credit card offers, including both store-only cards and cards co-branded between a retailer and a major card network. We compare the cards based on their rewards, fees, interest rates, approval requirements, and any key benefits or perks they provide. Store accessibility also plays a big role. Retailers with thousands of locations and representation in every state receive preference over smaller, more localized retailers, all else being equal.
Given that a wide range of different types of stores exist, we separate our picks for the best store credit cards into a handful of popular categories. They range from grocery stores and department stores to gas stations and online retailers.
Other key things to know about store credit cards
There are lots of different types of stores out there. There are also lots of different types of credit cards. So, it should be no surprise that different types of store credit cards exist, too. Sure, store credit cards have a lot in common, considering that most require at least fair credit for approval and don’t charge annual fees. But the specifics of their rewards, interest rates and fees can vary a great deal.
As a result, there’s a lot most people still probably don’t know about store credit cards, despite how popular they are. With that in mind, we’ll highlight a handful of important features that you should make sure not to overlook below.
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Disadvantages of Store Cards
The biggest disadvantage of using a store credit card is that it will only work at one store or group of stores. As long as you have a general-purpose credit card to use elsewhere, however, that will not be an issue. On that note, if you have good or excellent credit, you may get approved for a retailer’s co-branded credit card, which has a Visa, Mastercard, Discover or American Express logo and can be used anywhere that card network is accepted.
Another disadvantage of store credit cards is that they often have high interest rates, dangerous promotional financing or both. The average store credit card APR is 30.16%, according to WalletHub’s latest Credit Card Landscape Report. And if a store card offers a 0% introductory APR, it probably has deferred interest. To avoid these pitfalls, simply use store credit cards only for purchases that you’ll be able to pay for in full by the due date each month.
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Minimum Credit Score Needed for Store Cards
The minimum credit score for most store credit cards is 640, if you want good approval odds. Store credit cards typically require at least fair credit for approval.
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Interest Rate on Store Cards
Interest rates on store credit cards depend on the overall creditworthiness of each applicant. The average store credit card interest rate is 30.16%.
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Points on Store Cards
Store credit card rewards usually come in the form of cash back or points, redeemable for store credit or a statement credit on the credit card account, among other redemption options that vary by retailer. Store credit card points are worth around 2 cents each, on average.
The competition
There are lots of credit cards available that could help you save a lot of money at your favorite stores. For example, you should make sure to consider the following offers.
annual fee$95 | annual fee$0 | annual fee$0 |
rewards rate
| rewards rate
| rewards rate
|
bonus offer Earn a one-time $300 cash bonus after you spend $3,000 on purchases within the first 3 months from account opening | bonus offer N/A | bonus offer Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months. |
Purchase Intro APRN/A | Purchase Intro APR0% for 15 months | Purchase Intro APR0% for 15 months from account opening |
transfer intro aprN/A | transfer intro apr0% for 15 months Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after) | transfer intro apr0% for 15 months from account opening on qualifying balance transfers Transfer Fee: 3% intro for 120 days, then up to 5% (min $5) |
Regular APR19.99% - 29.99% (V) | Regular APR20.49% - 29.24% (V) | Regular APR20.24% - 29.99% Variable |
SponsoredApply Now | SponsoredApply Now |
*The information about Capital One Savor Cash Rewards Credit Card has been independently collected by WalletHub. The financial institution did not provide the details.
Sources
WalletHub actively maintains a database of 1,500+ credit card offers, from which we select the best store credit cards for different applicants as well as derive market-wide takeaways and trends. The underlying data is compiled from credit card company websites or provided directly by the credit card issuers. We also leverage data from the Bureau of Labor Statistics to develop cardholder profiles, used to estimate cards’ potential savings.
Best Store Credit Cards FAQ
Comparing can be tough. But you’ve got the knowledgeable WalletHub community on your side. We encourage everyone to share their knowledge while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not the financial institution’s responsibility to ensure all posts and questions are answered. WalletHub independently collected information for some of the cards on this page.show more
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Expert Opinions
- Why do store credit cards tend to have lower credit-standing requirements than general-purpose cards with equivalent terms?
- How do retailers establish the terms (i.e., rates, rewards and fees) for their store credit cards?
- Is a great store credit card enough to make a retailer more popular?
- Is it a bad idea to apply for a credit card in a store?
- How many store credit cards is too many? (For example, should consumers get a store credit card for all of their favorite retailers?)
- How does the value of store credit at a favorite retailer compare to the value of cash?
Important Disclosures
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. Actual terms may vary. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
† Approval Odds are WalletHub estimates intended to gauge your likelihood of approval for a particular product. Approval Odds are based on WalletHub data and are not provided or endorsed by the lender. Approval Odds are not meant to imply or guarantee that you will be approved by the lender or that credit will be extended. WalletHub may share your information with third-parties in order to show personalized offers, as well as enable you to interact more easily with pre-fill forms or applications. You can opt-out of sharing your personal info here.
Ad Disclosure Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Editorial and user-generated content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any issuer.
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