Store Credit Cards and You
If you can comfortably clear the outstanding amount on your store card when the bill arrives and are a regular customer of that particular retailer, it may be worth using a store card, as there could be plenty of benefits in doing so. Not only do you get a discount on your first purchase, there are usually other perks, such as bonus reward schemes, free catalogs or magazines, and special shopping days, where you can avoid the crowds and shop in peace. Jim Black gives customers 1% of what they spend in store back in the form of vouchers, for example, so if you are a regular customer this could be worth having.
What are the Requirements When Applying for a Merchant Account?
When businesses decide to apply for a merchant account, they must meet a number of requirements in order to obtain and maintain the account. The requirements may vary from bank to account, but there is a general list that new businesses should be aware of before applying for an account.
