Merchandise Catalog Cards

Merchandise catalog cards are a type of credit card with restrictions. They can only be used in certain online stores for specific merchandise from those stores. Generally it is easier to get a catalog card as they are less strict than major credit cards. They report to the credit bureaus so you can use them to repair bad credit or to build up your credit score.

Catalog Cards are credit cards that can only be used to charge merchandise from an online merchandise catalog. They work like the retail charge card that can only be used forthe products in their store.

The requirements for catalog cards are often much less stringent than for major credit cards. Whether you have bad credit or no credit, catalog credit cards are approved for virtually everybody.

They can be good for young people who haven't established much of a credit record and for consumers with blemished credit records. Catalog credit cards can be a good way to establish credit. You'll be able to apply for a major credit card after one year of good payment history.

Benefits of catalog credit cards

  • These cards are easier to get, even with poor or no credit history.
  • You can get unsecured lines of credit. You use their money not your own.
  • They help you to fix or build your credit since they report your payment history to the credit bureaus.

Disadvantage of catalog cards

  • They can have large processing and membership fees that are not refundable.
  • Their use is restricted to specific stores.

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