On average, store credit cards have an APR of 24.99 percent. (iStock)
Store credit cards offer discounts and perks for frequent shoppers, but they aren’t for everyone. If you frequently shop with a particular retailer and can pay off your balance before interest charges apply, you may benefit from a store credit card. Before you apply, consider how much value you can get from the card and if it’s worth any possible risks to your credit report and finances.