Consumers Avoiding Store Cards; Some New Lucrative Credit Card Bonuses

Interest in Store Credit Cards Plunges

Consumer interest in store credit cards is on the wane this holiday season. Only 29% of consumers said they are likely to apply for a store credit card this holiday season compared to 44% in 2020, according to a report from LendingTree. However, consumers are still slightly more likely to use store cards to shop during the holidays versus using a buy now, pay later option. In other findings, 42% of consumers have closed a store credit card and an additional 13% have had a store card closed by the issuer. [Chain Store Age]

Best-Ever Southwest Airlines Credit Card 100,000 Points Offers

For anyone who has been considering a Southwest Airlines credit card, huge new elevated bonuses have just been introduced on the cards. Through December 7, 2021, all three Southwest Rapid Rewards personal credit cards are…