Are you looking to kickstart your credit journey, or simply in search of instant discounts on your favorite store? Store credit cards are an easy way to achieve these goals! And the good news is, they're relatively easy to get approved for, even with limited credit history. In this blog post, we'll discuss the store credit cards that are easy to get approved for, their benefits, and how they can help you improve your financial situation.
Store Credit Cards That Are Easy To Get Approved For Table of Contents
Why Store Credit Cards?
Store credit cards can be a great option for those who are just starting out with their credit or want to rebuild a poor credit score. They tend to have looser approval requirements compared to traditional credit cards and can offer some valuable incentives, like discounts and rewards on your favorite brands.
However, it's essential to remember that store credit cards may come with higher interest rates and lower credit limits, so it's important to use them responsibly and pay off your balance in full each month.
Top Store Credit Cards for Easy Approval
1. Amazon Store Card
- Offers instant approval for most applicants, even those with limited credit history.
- 5% cash back on all Amazon purchases, exclusive offers and financing options.
- No annual fee, but a high APR – 25.99%.
2. Walmart Store Card
- Accepts applicants with fair or average credit scores.
- 5% back on Walmart.com and Walmart app purchases, 2% back on Walmart stores, fuel stations, and restaurants.
- No annual fee, 26.99% APR.
3. Target REDcard
- Relatively easy to get approved for, even with a lower credit score.
- 5% discount on all purchases, exclusive offers and free shipping on online orders.
- No annual fee, 22.90% APR.
4. Kohl's Charge Card
- Accepts applicants with less-than-perfect credit scores.
- Offers discounts of 30% off your first purchase, and extra savings throughout the year.
- No annual fee, 24.99% APR.
5. Macy's Credit Card
- May approve applicants with fair credit scores.
- Earn 2-5% back in rewards depending on their spending tier, and exclusive savings events.
- No annual fee, 25.24% APR.
Store Credit Cards That Are Easy To Get Approved For Example:
Imagine you're a frequent shopper at Target, making purchases both online and in-store regularly. You decide to apply for the Target REDcard because it's known to accept applicants with a lower credit score. After getting approved, you start using the card for all your Target shopping, enjoying a 5% discount on every purchase, browse exclusive offers, and take advantage of free shipping for online orders. By paying off the balance each month, you responsibly build a positive credit history and boost your credit score over time.
Store credit cards can be a simple way to begin building or repairing your credit, while also helping you save money on your favorite brands. If used responsibly, they can become a valuable financial tool in your wallet. Remember to always pay off your balance in full each month, keep an eye on your credit utilization, and monitor your credit score for improvements.
So, go ahead and start your credit-building journey with these store credit cards that are easy to get approved for! And if this article was helpful to you, consider sharing it with your friends, family, and social networks, or check out our other articles on Flik Eco for all your personal finance needs.