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Store credit cards are credit accounts that are offered by retailers together with credit card issuing companies. Their usage is usually limited to the issuing store. That means you won’t be able to use store cards anywhere outside the store.

Store cards may give access to additional, member-only discounts, sales events, or special financing offers. However, all these benefits may not look lucrative if you consider the fees. Store cards tend to have high interest rates and fees. Some store cards even charge membership fees on a monthly basis.

If you are rebuilding or building your credit, you may want to get a store credit card as it is rather easy to get. Store cards can be reported to the major credit bureaus. So, if you manage it well, it may help you improve your credit.