Stores who reward Credit Card holders...

[khorrell]

This is a pet peeve of mine, and I wonder if anyone has found a good way around the policies of stores who offer extra discounts, coupons, etc. to credit card holders. The stores that immediately come to mind are Kohl's, Victoria Secret, Macy's, Boscov's.

I had opened a Kohl's card to benefit from their promotions, but closed it when it was purchased by one of the evil, big credit card companies. I have friends who charge at the register, then make a cash payment at the same register for the purchase. I'm wary enough of the big credit card companies that I figured I would mess something up and end up with a $100 bill for saving 5 bucks on a pair of pants.

I'd be curious to hear what y'all think!

[purplefdu]

I don't do enough shopping at those placing unless there is serious clearance savings so it never bothers me. Most of the discounts I use are for anyone and I don't buy from them online so the free shipping possibility for Kohls doesn't bother me. I have friends who have cards there so if I really want something I bring them along and they purchase it with their discount then I give them cash right there to cover it.

[alex]

I love stores that reward me for my excellent credit.

[dapooh1]

Kohl's is the only store card that I have anymore. I haven't noticed any difference in how the account is managed except that my due date changed by a couple of weeks. As long as they keep sending me discounts, I'll keep the card.

I did cancel my JCPenney's card several years ago because their benefits seemed to evaporate after they were purchased by a major credit card company, and I found the store in my town to be a cramped, dark, unpleasant place to shop anyway.

[Livingalmostlarge]

Macys, Jordan's Furniture, Best Buy (sends me coupons in the mail), Home Depot has coupons in the mail. I have found that some coupons say you can only use them if you have the store card. This is how I ended up with some store cards because I wanted to used coupons. It saved me a $100 on my couch this summer.

[mbhunter]

Those stores make a lot of money on their branded credit cards -- usually far above what rewards they hand out. Store credit cards have their own problems, too, but if you really like a particular store and would shop there anyway, why not get extra rewards? (This assumes that the cards are used for convenience only, and not for carrying a balance.)