Macy’s, for example ... Secured card starting at 10% APR and Costco’s (COST) Visa Card offering 20.49%. Notably, retail credit cards can offer perks like discounts, rewards, and special ...

Also, at that $500 level, you’ll earn three points per dollar spent at Macy’s, which is better than what you can earn from most other credit cards on the market for retail spending.

“I just signed up for a Macy’s credit card and didn’t do it on purpose,” he says. Lafferty says he was at the register purchasing “hundreds” of dollars worth of items. Many shoppers ...