retail cards Archives - Marketplace

A cap on credit card fees would hurt department stores most

by Kristin Schwab

Apr 29, 2024

Charge cards have become an important piece of the bottom line for department stores, including Nordstrom, Macy’s and Kohl’s.

It's often easier to get approved for a store card than a bank-issued card, but interest rates are higher.

Michael M. Santiago/Getty Images

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