Credit Card Forum
  1. #1
    Kino
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    Thumbs down what's the point of a tire store credit card!

    i bought tires this week and it was at one of those big chains. don't remember the name but they have a green and yellow color scheme. i think it was discount tire or tire rack or some other unmemorable name. anyway they try and get you to open a credit card like most stores but who would need one for a place that sells nothing but tires? you only replace tires every few years. i don't get what the point would be to open a card at a place like that. if you absolutely had to open a store credit card to buy just tires it seems you'd do way better off at a place like sears because the card could be used for other things.
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    Reply With Quote Reply With Quote     May 30, 08, 11:18 pm
  2. #2
    magyar1045
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    They want you to use THEIR credit card, so they don't have to pay the charge processing fees that the banks/Visa/MC impose.
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    Reply With Quote Reply With Quote     May 31, 08, 7:01 am
  3. #3
    Roni
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    They do it so they can be the ones to make the money off your interest.
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    Reply With Quote Reply With Quote     Jun 6, 08, 4:33 pm
  4. #4
    fffresh
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    Yeah just another way for these stores to make a buck. But they're probably just hurting the consumer with these cards. They'd be better off opening any normal credit card than a store card to finance their purchase.
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    Reply With Quote Reply With Quote     Jun 9, 08, 3:06 pm
  5. #5
    Mogul of Pineapples
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    I don't get it. Why do a ding on your credit record just to open up a card that you are only going to use for one purchase ever probably. I mean you can only need so many pairs of tires! Never did understood why people with good credit would still open up these things.
    Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed. Regardless, anything I say is my honest opinion.

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    Reply With Quote Reply With Quote     Jun 22, 08, 1:15 pm
  6. #6
    Herman65
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    Gotta love those re-tread miles lol.
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    Reply With Quote Reply With Quote     Sep 30, 08, 3:16 am
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