Store credit cards usually charge a lower interest rate than a bank credit card.

Name: Store credit cards usually charge a lower interest rate than a bank credit card.
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Store credit cards generally have a higher interest rate than bank credit cards. This is because store credit cards are often easier to obtain and are targeted towards customers who may have lower credit scores or limited credit history. The higher interest rate helps to offset the risk to the issuer.

Store Credit Cards Usually Charge a Lower Interest Rate Than