For people making regular purchases at a particular retailer, it may be worth looking at their store-issued credit cards to see if their particular combination of features is suitable for their particular needs and circumstances. An excellent example of store-issued credit cards are the Rewards of Sport Mastercard and the Rewards of Sport Credit Card, offered by Dick’s Sporting Goods. Here are 10 benefits that can come from having a Dick’s Sporting Goods credit card:
Cash becomes impractical when making larger purchases. Certainly, it is possible for people to carry hundreds and hundreds of dollars with them, but in practice, that can be a serious annoyance and a serious security risk. Because of this, credit cards can serve as a convenient solution to that particular problem.
There is a common concern about credit card security, which is understandable. However, it is important to remember that such concern has resulted in the creation of security measures to make the use of credit cards safe, which means that they are not nearly as vulnerable as some people might fear they are.
3. Availability of funds
People can use their credit cards to make purchases up to their credit limit at the times and places they choose. This is because credit cards are a kind of revolving credit. In contrast, non-revolving credit, like standard loans, offers no such convenience.
4. Credit creation
A person’s credit score is the most important measure of their creditworthiness, which can be summed up as whether or not they can be trusted with credit. How a person uses their credit has a huge impact on their credit score, which means that judicious use of a credit card can help interested people increase their credit score in order to ensure access to a credit card. broader range of financial products in better condition than would otherwise be possible. .
5. Control over use
Credit card owners have greater control over how their credit cards are used. For example, they can make whatever purchases they want. Likewise, they can make their payments whenever they want as long as they manage to make the minimum payment. This is not the case with many other credit products out there.
6. Can be used wherever a Mastercard can be used
Dick’s Sporting Goods offers two credit cards. The Rewards of Sport credit card cannot be used outside of its stores. In contrast, Rewards of Sport Mastercard can be used anywhere in the world where a Mastercard is accepted, which means millions and millions of retailers in countries around the world.
7. No annual fee
Neither credit card comes with an annual fee. This is important because it means that the credit card holder can choose to make purchases when it suits them. In contrast, when a credit card has an annual fee, there is pressure on the credit card owner to make more purchases to ensure that the annual fee was worth it due to the benefits gained through repeated use.
8. Rewards program
A Dick’s Sporting Goods credit card comes with a rewards program, which is called the Dick’s ScoreCard program. In short, every dollar spent on store purchases translates to two points. For every 300 points collected this way, the credit card owner can earn $ 10 in merchandise rewards, which is not a bad reward rate when it comes to store-issued credit cards.
9. Introductory offer
For the first purchase with a Dick’s Sporting Goods credit card, it is possible to get 10 percent in the form of rewards. This may not sound like much, but when it comes to larger purchases, it can mean a considerable amount of value.
10. Promotional financing offers
Finally, it should be mentioned that someone with a Dick’s Sporting Goods credit card can get promotional financing offers, such as not having to pay interest, as long as the full amount is paid before a specific time period runs out. Unfortunately, there is no guarantee that this will be offered to a particular credit card owner because it varies from store to store, creating a great deal of uncertainty.