After a 15-minute wait, you finally reach the cash register at the department store with your haul of holiday gifts. You drop the armload of presents onto the counter in relief, and then you hear those magic words from the cashier: “Would you like to save 20% on your purchase today with our credit card?”
While your instinct may be to take the offer and save money in a time when many Americans are tightening their financial belts, store credit cards are nuanced financial products that even personal finance experts have conflicting opinions about.
