What is the difference between a store credit card and an ordinary credit card?(1 point) Responses An ordinary credit card can be used only at the business that issued it. An ordinary credit card can be used only at the business that issued it. A store credit card generally comes with a higher interest rate. A store credit card generally comes with a higher interest rate. An ordinary credit card is co-branded with one of the major credit card networks. An ordinary credit card is co-branded with one of the major credit card networks. A store credit card allows you to pay with funds taken directly from your bank account.

Answer 1

An ordinary credit card can be used at any business that accepts credit cards, while a store credit card can only be used at the specific business that issued it. A store credit card typically comes with a higher interest rate compared to an ordinary credit card. An ordinary credit card is co-branded with one of the major credit card networks, such as Visa or Mastercard, while a store credit card is typically only affiliated with the specific store or retailer. A store credit card does not allow direct payment from your bank account.