Debenhams Card - pls advise, thanks.

MoaningMyrtle

Debenhams do offer a 'Beauty Club' loyalty card too. This is nothing to do with the store card, you should have been offered one at the till.

EarthBoy

pinkarsenalprincess wrote: »

You haven't signed up for a credit card. You have signed up for a store card..

This is incorrect. You have signed up for a credit card, because a store card is a credit card. It is a credit card that can only be used at one store. You buy goods on credit, i.e. you don't pay for them at point of sale; you pay when you get the bill instead. It works the same way as any other credit card, and they do a credit check on you before they let you have the card.

fozmcfc

EarthBoy wrote: »

This is incorrect. You have signed up for a credit card, because a store card is a credit card. It is a credit card that can only be used at one store. You buy goods on credit, i.e. you don't pay for them at point of sale; you pay when you get the bill instead. It works the same way as any other credit card, and they do a credit check on you before they let you have the card.

I would say you have opened a credit agreement, not a credit card. Debenhams offer a seperate credit card as well as their store card.

My store card, comes with no chip and pin, I cannot withdraw cash on the card, I cannot transfer another balance to the card, all of which are available on a credit card.

In addition a credit card allows you to purchase items in millions of outlets around the world, I'd like to see you purchase a jumper in Moscow with a Debenham store card.

To say they are the same is ridiculous.

Gordon_Hose

EarthBoy wrote: »

This is incorrect. You have signed up for a credit card, because a store card is a credit card. It is a credit card that can only be used at one store. You buy goods on credit, i.e. you don't pay for them at point of sale; you pay when you get the bill instead. It works the same way as any other credit card, and they do a credit check on you before they let you have the card.

It's not a credit card, it's a store card. It has no functions of a credit card, Yes you have a credit line but you can only use it in that specific shop.

EarthBoy

If it lets you buy goods on credit, then it's a credit card. It just has more limited use than most other credit cards. You have to sign a credit agreement to get one so, in law, it is a credit card. There is no separate law for store cards.

Gordon_Hose

It's a STORE CARD. Why do you think they call it a store card, and not a credit card?

It's got nothing to do with the law. It's a store card because you can only use it in a specific shop/chain of shops. You have a credit line that is limited to use in certain shops.

gerardflanagan

Matryoshka wrote: »

So, since I did not 'pay' it means it is a credit card, innit? The paper I was given with it, which I signed, says things like APR: 24.9%; Cash rate: 26.478%; total charge for credit: £188.52

I really don't want a credit card but before I jump in guns blazing, do the above figures mean it's good? Does it mean I will get a bill and have to pay £188.52 instead of the £50 purchase? :eek:

Read the full credit agreement and you will see these are referenced as example rates/charges.

Gordon_Hose wrote: »

It's a STORE CARD. Why do you think they call it a store card, and not a credit card?

It's got nothing to do with the law. It's a store card because you can only use it in a specific shop/chain of shops. You have a credit line that is limited to use in certain shops.

You are wrong. They have a store card and a credit card. It is a credit card because she has signed a credit agreement and it can be used anywhere where there is a mastercard symbol. I've highlighted the store card in the pictures below and also highlighted the confirmation that it is a card that can be used anywhere where there is a mastercard symbol.

Gordon_Hose

It seems to me they offer a Debenhams store card, which will include a credit line to use in Debenhams stores. And a Debenhams mastercard that you can use anywhere, as a credit card.

Which does the OP have? Sore cards and credit cards are 2 different things.

gerardflanagan

Ah yes, fair enough. It's a bit cheeky if they told her it wasn't a credit card but it's still a card that can buy things on credit!

EarthBoy

Gordon_Hose wrote: »

It's a STORE CARD. Why do you think they call it a store card, and not a credit card?

It's got nothing to do with the law. It's a store card because you can only use it in a specific shop/chain of shops. You have a credit line that is limited to use in certain shops.

You've answered your own question here. It's called a store card because you can only use it in one store, -in this case Debenhams.

It has everthing to do with the law. To get a store card you need to sign a credit agreement which is a legally binding agreement offering you a "credit line" (your words). This credit agreement is what makes it a credit card. Because it's a card, and because it gives you credit, then it's a credit card.