What is the difference between a store credit card and an ordinary credit card?(1 point) Responses A store credit card generally comes with a higher interest rate. A store credit card generally comes with a higher interest rate. Some store credit cards are co-branded with one of the major credit card networks. Some store credit cards are co-branded with one of the major credit card networks. An ordinary credit card allows you to pay with funds taken directly from your bank account. An ordinary credit card allows you to pay with funds taken directly from your bank account. An ordinary credit card can be used at only the business that issued it.
1 answer
The correct difference is: A store credit card generally comes with a higher interest rate.
Additionally, it's important to note that ordinary credit cards can be used at multiple locations, while store credit cards are typically limited to the specific store or chain that issued them. Some store credit cards can also be co-branded, allowing use at additional locations that accept a major credit card network.
