store card or credit card which is easier ?

pearls_of_wisdom

hi, would like to know people's experience on which is easier to gain a store card or credit card, i'm at the beginning of trying to build up a decent credit rating and at the moment have no debt,no credit cards,loans etc but this in turn means as i'm very well aware i have no credit history and would like to know best way to start many thanks

[Deleted User]

Your own bank, Aqua, Vanquis, Cap 1.

paulmcerlean

best way to start is by asking your own bank who have a history of how you manage your finances, to give you a credit card.

if they do it means you dont have to go down the subprime path, i.e. the easier to get first time cards with huge APR, capital one, aqua, vanquis...

Fruit_and_Nut_Case

pearls_of_wisdom wrote: »

hi, would like to know people's experience on which is easier to gain a store card or credit card, i'm at the beginning of trying to build up a decent credit rating and at the moment have no debt,no credit cards,loans etc but this in turn means as i'm very well aware i have no credit history and would like to know best way to start many thanks

paulmcerlean wrote: »

best way to start is by asking your own bank who have a history of how you manage your finances, to give you a credit card.

if they do it means you dont have to go down the subprime path, i.e. the easier to get first time cards with huge APR, capital one, aqua, vanquis...

It bears repeating that a huge APR is irrelevant for someone who is using the card to build a credit history, provided they pay off the whole balance each month.

pearls_of_wisdom

Fruit_and_Nut_Case wrote: »

It bears repeating that a huge APR is irrelevant for someone who is using the card to build a credit history, provided they pay off the whole balance each month.

many thanks do you know if it's easier gaining store card than credit card or no difference

Fruit_and_Nut_Case

pearls_of_wisdom wrote: »

many thanks do you know if it's easier gaining store card than credit card or no difference

I haven't had a store card for many years. I think the last was from Brantano to take advantage of a 10% discount offer.

My gut feeling is that, on average, a store card would be easier on the assumption that

• The store would like to persuade you to spend money there and then.
• Credit limits tend to be lower with store cards.

I'm no expert on the subject, though!

[Deleted User]

Agreed. Store cards score much easier than credit cards.

pearls_of_wisdom

Fruit_and_Nut_Case wrote: »

I haven't had a store card for many years. I think the last was from Brantano to take advantage of a 10% discount offer.

My gut feeling is that, on average, a store card would be easier on the assumption that

• The store would like to persuade you to spend money there and then.
• Credit limits tend to be lower with store cards.

I'm no expert on the subject, though!

many thanks for your input

pearls_of_wisdom

Deleted_User wrote: »

Agreed. Store cards score much easier than credit cards.

many thanks for your input