“Buy Now, Pay Later” with the Go Card

The GE Money card is ideal for customers who pay their entire balance within the month. This credit card provides users with great flexibility, as it’s accepted at over 28 million locations worldwide and offers several ways to avoid paying interest.
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What are branded credit cards?

Branded credit cards, rather than having a bank or other financial services provider prominently mentioned on the plastic, instead carry a brand name linked to a consumer item. Particularly active in this area are airlines and consumer stores, but others are offered by providers such as car brands.
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What are store cards?

Store cards are one of the first cards that many credit card holders will get, but it can pay to understand what store cards are how they make their money.

Store cards are cards that are offered by stores and other brands, such as airlines, where they can offer the credit card instantly.  It will often be offered to a person who is buying some goods at the store at the time, together with offering a discount on the first purchase with the store card.  These store cards can be very good for these types of discounts, but they do tend to charge a high amount of interest. Read the rest of this entry »