Store credit cards helped me build my credit so I could get approved for Chase Sapphire Reserve, but here’s why I’d think twice before opening one now
|10/11/2019||Posted by BusinessMediaguide.Com under General World News||
- I opened around half a dozen store credit cards in my early 20s for the discounts.
- While I saw a brief dip in my credit score, they eventually helped me build and maintain good credit because I always paid off my statement in full and on time.
- Using these cards responsibly improved my credit score enough so that I was able to get approved for rewards credit cards like the Chase Sapphire Reserve and the Gold Delta SkyMiles® Credit Card from American Express.
- That being said, store credit cards come with high interest and bad terms, so I read more >>>