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Argos Credit Card

I've got one of these as I'm planning on buying bunk beds for my daughters next month, and it is buy now, pay in 12 months time (or something like that).

This is a good deal for me as I'm actually looking to buy one big purchase from Argos, but probably won't use the card again as you can only use it in Argos and Homebase.

Just wondered if there was much call for cards like these that can only be used in one or two places? Wouldn't they be better off just giving people loans for one-off items?
Pink Sproglettes born 2008 and 2010
Mortgages (End 2017) - £180,235.03
(End 2021) - £131,215.25 DID IT!!!
(End 2022) - Target £116,213.81

Comments

  • malcumms7898
    malcumms7898 Posts: 235 Forumite
    I've been Money Tipped!
    I'm guessing they hope you will buy something and then forget you have the card because you aren't using it anywhere else. Or maybe it is just a more fancy in-store loan like you say. It is the same thing really, but I guess the card acts as a kind of advert in your wallet lol.
  • Fishingtime
    Fishingtime Posts: 757 Forumite
    500 Posts
    You are getting confused with CC and store cards
    Owing on CC £00.00 :j

    It's like shooting nerds in a barrel
  • Shelldean
    Shelldean Posts: 2,436 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I agree with fishing time you are describing their store card NOT their creidt card.

    My only advice is to ensure you pay ALL of the balance before the buy now pay later time is up, as if you dont you will be charged interest on the WHOLE amount from the day of purchase.

    This applies to all buy now pay later durations 3mths, 6mths or longer, with Argos.
  • CARDIFFSAVER
    CARDIFFSAVER Posts: 122 Forumite
    edited 14 June 2013 at 3:33PM
    Reported nguyenhungbg190 as innappropriate
  • Shelldean
    Shelldean Posts: 2,436 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I just marked it as Spam it will soon get removed.
This discussion has been closed.
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