As more and more people move towards do-it-yourself home improvement, many look to Lowe’s in order to find the products they need at reasonable prices. Frequent Lowe’s shoppers have probably been offered the Lowe’s credit card more times than they can remember, as it is often promoted at the checkout counter. However, given the broad availability of low interest 0% credit card offers, it may be wise to think twice before signing up for the Lowe’s credit card. (more…)

The Home Depot credit card is a member of the Citi Credit Card family, which means you benefit from the quality of Citi credit cards in addition to the ability to make interest-free purchases at Home Depot. One of the best features of the Home Depot consumer credit card is the ability to get instantly approved in store  and get immediate access to your account to make purchases.  The ability to shop instantly upon approval is ideal for people who need to replace an appliance or need products from the store without waiting.

Unfortunately, the Home Depot card has significant drawbacks. Although it has many of the features of a 0% APR credit card, 0% promotions on the Home Depot card are much shorter than those offered with most credit card offers. Additionally, the Home Depot card is the polar opposite of a low interest credit card, as the lowest available rates they offer are often 30% higher than what is available on typical cards.

Nevertheless, some consumers can definitely benefit from this card, especially those who apply and use their 10% discount on an expensive purchase, like appliances, carpeting or a kitchen redo. (more…)

The Gap offers two credit cards: a store use only card and a Gap Visa. Both the store only and Visa versions of the Gap card offer good benefits at the Gap and Gap owned stores including Banana Republic, Old Navy, Piperlime and Athleta. However, both Gap credit cards suffer from the same issues common to store credit cards: limited credit card rewards, high interest rates, and in the case of the store only Gap card, limited acceptance. Consequently, Gap credit cards are typically not the best credit cards for most consumers to have, although consumers who frequently shop at Gap owned stores or online at their official brand websites can benefit from using a Gap or GapVisa Credit Card. (more…)

Cabela’s, the sporting good retailer, offers a Visa credit card that is targeted towards shoppers who frequent their wildly popular stores. Unlike many store credit cards, the Cabela’s card charges a reasonable interest rate and can be used wherever Visa is accepted. However, as is the case with all credit cards that earn limited, merchant focused rewards, consumers are often better off with a 0% interest credit card that offers cash back or some other form of rewards that permits greater redemption flexibility.

How It Works

In a nutshell, the Cabela’s credit card promotes shopping at Cabela’s with incentives to earn Club points. While shoppers who spend a lot of time and money at the retailer can benefit, most people spend the bulk of their money at a range of stores. However, Cabela’s fanatics who opt for their credit card earn two Club points for every dollar spent in store.  An additional 1,000 points is granted as a bonus when a  customer applies and gets approved for the Cabela’s Club card. This is a nice perk as far as store credit cards go, but it pales in comparison to the $100 and greater sign up bonuses offered with the best credit card offers. All purchases at other locations earn 1 point for ever dollar spent. (more…)