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The line is often delivered with a winning smile by the cashier at the till of your favorite high street clothing or accessory shop. The idea of credit cards originated with store cards - merchants extending credit to good customers who could be counted on to pay off their purchases over time. While today's general purpose cards are derived and descended from that original idea, store cards today are a particular subset with some considerable differences and limitations. Confusing the issue further are cashback and reward offers that give you special advantages at particular merchants' shops. They're a peculiar hybrid that can serve you well, if you pay attention to which cards you hold in your wallet and which you use at various merchants.
Store Cards vs. Credit Cards
1.Credit cards are accepted at many different merchants, including shops, travel agencies, airlines and many service shops. This gives you the freedom to shop for the lowest prices you can find among many different merchants.
2.Store cards are only accepted at one particular merchant, though they're usually welcome at any branch store run by the merchant. You're confined to the selection of products carried by that merchant at the prices offered by that merchant.
3.Credit cards usually carry a considerably lower APR on purchases than store cards. They typically offer starting rates as high as 29% APR - which is often the highest rate on
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