+ 100% FREE
+ Unlimited Credit Reports
+ Unlimited Credit Scores
+ Credit Monitoring Protection
+ Credit Improvement Tips
+ Automatically Finds Savings
No credit card needed
Although The Loft credit card has a high interest rate at about 25%m this is comparable to most store credit cards. One of the things I love the best about the Loft credit card is the rewards system. With this card you can earn rewards whether at a Loft store or elsewhere. The 5 Luv points for each dollar spent at a Loft store is appealing, and the 1 Luv point for money spent elsewhere are a great incentive to use this card. The $15 birthday present is great, as is the %10 discount on Tuesdays. This would make a consumer more likely to use the Loft Master card for everyday purchases.
The Wells Fargo Rewards card seems to be right on board with other competitive rewards card programs. The rewards seem straightforward, spend up to five dollars to receive one point, with no limits on points you can ear. There is no activation fee, and the variable finance rate, starting at around 12% but no greater than about 26% is the norm. Linking your rewards card to your checking account is an excellent advantage.
This is not a credit card for me. You have to spend $1000 dollars in one billing cycle to be rewarded a $.15/gallon gas credit. Even the rewards formula is confusing. $500 for $.10, $1000 for $.15 and $2499.99 for $.20 per gallon rewards. The 24% variable interest rate is very high. There is also no fraud protection offered.
Although it is nice to combine a credit card with a rewards card, the fees associated with this card extremely high at 17.99% regular rate and a whopping 27.99% for cash advances. The rewards feature in this card are appealing with $5 for every $100 spent. Seeing that Best Buy is primarily a big purchase store, this helps.
I recently reviewed the Mango credit card. I like that there is no activation fee and that you can receive text and email reports for the activity of the card. I like that the minimum direct deposit is only $50 to activate the card. The $2.00 ATM fee is mildly reasonable, but would be more competitive if it were free. The fraud insurance is a good thing.
The American Express Target Prepaid card for me would be a great service, as I do a lot of shopping at the store. Being able to use as a credit card adds to the convenience for those who do not have access to a credit card. The $3.00 ATM and refill fees seems unreasonable.