A store card is a credit card you can only use with one high street chain or group.
Like a credit card, you can use a store card to buy things on credit and pay them off at the end of the month or in stages to spread the cost.
And just as with a credit card, you’ll be charged interest if you don’t repay in full.
The interest rate is usually even higher than for a credit card.
You might be asked if you have a store card or if you would like to have one at the till when you pay for your shopping.
They used to come with a discount on your initial purchase, but firms have agreed not to offer deals within seven days of you making a purchase, so you’ve got a chance to change your mind (you can cancel the card within 14 days).
If you take out a card, you might be offered vouchers or discounts – such as 10% off purchases for three months or cardholder-only reductions, or free delivery when you buy online – as incentives to encourage you to use your credit limit.
You must be at least 18 to get a store card. As with any credit card, you’ll also need to undergo a credit check.