Which Store Credit Cards Are Easy to Get
Store credit cards can be an excellent way to build credit and enjoy exclusive benefits and discounts at your favorite retailers. While some store credit cards have strict eligibility criteria, there are several that are relatively easy to obtain, even if you have a limited credit history or a lower credit score. In this article, we will explore some of the easiest store credit cards to get and discuss their benefits and application requirements.
1. Target REDcard:
The Target REDcard is a popular store credit card that offers numerous perks, including 5% off on all purchases, free shipping on Target.com, and an extra 30 days for returns. The REDcard has a reputation for being more accessible to individuals with fair or limited credit. To apply, you must be at least 18 years old and have a valid Social Security number.
2. Kohl’s Charge Card:
The Kohl’s Charge Card is another store credit card that is relatively easy to obtain. Cardholders can enjoy exclusive discounts, promotions, and special offers throughout the year. The application process is straightforward, and individuals with an average credit score are often approved. Applicants must be at least 18 years old and provide a valid Social Security number.
3. Amazon Store Card:
The Amazon Store Card is an excellent option for frequent Amazon shoppers. It offers special financing options, cashback rewards, and no annual fee. While the exact credit requirements are not disclosed, the Amazon Store Card is known to be more lenient towards individuals with fair credit. The application process is quick and straightforward, and you can use the card immediately upon approval.
The GapCard is a store credit card that can be used at Gap, Old Navy, Banana Republic, and Athleta. Cardholders enjoy various benefits, such as exclusive discounts, special offers, and bonus points for purchases. The GapCard is known for being more accessible to individuals with fair credit, making it an ideal choice for those looking to build or rebuild their credit. Applicants must be at least 18 years old and provide a valid Social Security number.
5. Walmart Credit Card:
The Walmart Credit Card is a store card that can be used at Walmart and Sam’s Club. While this card is easier to obtain compared to some other credit cards, it is important to note that Walmart offers both a store card and a Mastercard version. The store card is generally easier to get approved for, especially for individuals with fair credit. The application process is straightforward, and cardholders can benefit from various discounts and promotions.
Q: What credit score do I need to get a store credit card?
A: The credit score requirements for store credit cards can vary depending on the retailer. While some store credit cards require good or excellent credit, others are more lenient and may approve individuals with fair credit or even limited credit history.
Q: Will applying for a store credit card affect my credit score?
A: Yes, applying for a store credit card can have a temporary impact on your credit score. Every time you apply for credit, a hard inquiry is placed on your credit report, which may slightly lower your score. However, the impact is typically minimal and short-lived.
Q: Can I use store credit cards outside of the specific retailer?
A: Some store credit cards, such as the Walmart Mastercard or the GapCard, can be used outside of the specific retailer. These cards function as regular credit cards, allowing you to make purchases wherever the card network is accepted.
Q: Are store credit cards worth it?
A: Store credit cards can be worth it if you frequently shop at a particular retailer. They often offer exclusive discounts, rewards, and promotional financing options. However, it is important to manage your credit responsibly and avoid overspending, as store cards usually have higher interest rates compared to regular credit cards.
In conclusion, there are several store credit cards that are relatively easy to obtain, even if you have fair credit or limited credit history. These cards can be a valuable tool for building credit and enjoying exclusive benefits at your favorite retailers. However, it is crucial to manage your credit responsibly and avoid overspending to make the most out of these cards.