Best Retail Store Credit Cards of 2017

Gap storefront with logo near entranceWe’re about one-sixth of the way through 2017 and competition in the credit card market is beginning to heat up. US banks are responding to rising interest rates at the Federal Reserve and raising interest rates themselves. But in addition to higher interest rate credit cards, we’re also getting access to new perks and benefits.

It looks like one of the biggest trends in credit cards this year will be store credit cards. American consumers are starting to spend again. Additionally, online shopping is becoming more and more common and retailers like Amazon are more than happy to accommodate hungry consumers with online shopping credit card deals. Here’s our picks for the best store credit cards of 2017.

Amazon Store Credit Card

Amazon Prime Rewards Visa Signature Credit CardThe Amazon Prime Store Credit Card is the perfect credit card for those who frequently shop online. This credit card comes with a 5% cash back rate on all purchases made through, 2% back at restaurants, gas stations and drugstores, and 1% back on all other purchases – making it one of the best store credit cards of this year. Very few credit cards offer such a high cash back rate. Considering how much shopping can be done through a website as large as, that 5% cash back rate goes a long way. The Amazon Prime Store Credit Card also offers a 0% APR introductory offers for either 6, 12 or 24 months. One downside of the Amazon’s credit card is its relatively high APR.

Gap Inc. Visa Card

GapCard Visa credit card - Gap StoreThe Gap Inc. Visa Card, also known as GapCard, is one of the best clothing credit cards available, even if you don’t shop often at Gap, and doesn’t come with an annual fee. The first purchase on the GapCard is 15% off after signing up. The card offers 5 points for every $1 spent at the gap, either online or in store, and 1 point spent at other stores. Gap points are worth 1 cent each, so the points redeemed on purchases through the Gap are worth 5% of the purchase cost. But points can only be redeemed at Gap, Old Navy, Banana Republic and Athleta. On the first Tuesday of every month, Gap offers 10% off purchases made online or in store to all cardholders. Finally, by making $1,000 in purchases in a year and earning 5,000 points, cardholders will be given the Gap Silver status, which comes with 20% quarterly bonuses, free shipping and free alterations.

Ace Hardware Rewards Visa

Ace Rewards Visa Signature credit cardFor those who often shop at hardware stores often, the Ace Hardware Rewards Visa offers 3% in Ace Rewards points at Ace stores, 2% at gas a grocery stores and 1% elsewhere. Cardholders will receive $25 for every 12,500 points earned. That means every $1 spent at Ace Hardware All points earned are redeemable as Ace Hardware gift cards. Other benefits include Visa Signature Concierge, Roadside Dispatch and no pre-set spending limit.

Target REDcard

Target REDcard credit cardThe Target REDcard is another store credit card that offers a 5% rewards rate on purchases online or in store, and cardholders will receive free shipping on purchases made through Like Amazon, Target is a large retailer and offers many products – sometimes even groceries – so the 5% rewards rate goes quite far. However, not all purchases come with a rewards rate, such as purchases of prescriptions, over-the-counter pharmacy items, eye exams and gift cards. Target also offers a debit card version of the REDcard, which does not count as a credit card on consumer credit reports.

Posted on March 15, 2017 by in Credit Cards

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