By Lisa Lee Freeman   En español Published December 04, 2020

Go through the checkout line at Home Depot, Target, Old Navy or almost any major national chain, and there's a good chance the cashier will try to coerce you into signing up for the

retailer's credit card. Huge discount on the first purchase! Cash-back deals! Special financing! No annual fee! It's usable everywhere!

Think twice, then think again. A September survey by Compare-Cards found that 56 percent of shoppers who open store-card accounts have regrets. One reason: Their interest rates are high —

And those rates can really explode in your face when paired with special no-interest financing deals. “If you don't pay off the entire initial balance by the end of the promotional period,

you'll be charged interest on the full starting balance,” explains Nathan Grant, senior credit industry analyst at Credit Card Insider. For example, you open up a store-card account so you

can charge a $1,000 refrigerator and pay it off interest-free over 12 months. If a year later you've repaid only $975, you could see an interest charge of nearly $300 on your next bill.

But if you pay your bill on time and in full, a store card can save you money and earn you nice perks. And store cards can be a lot easier to get than regular credit cards, which are

becoming more selective due to the economic fallout of the pandemic, according to CreditCards.com analyst Ted Rossman.

To assemble my list of the best store cards, I polled Rossman, Grant and Benét Wilson, credit cards editor at the Points Guy travel website, for their top picks. But the best card for you

depends on where you shop. If you're considering one that's not on this list, use the info here to compare benefits and decide if the perks are worth it. Some cards are usable only with the

particular retailer. Others are cobranded with a Visa, Mastercard, American Express or Discover logo, meaning you can use them with any merchant that accepts that brand of card. Rules for

racking up and redeeming rewards vary; with some cards, you can spend your rewards only at that retailer's stores and website.

Best Perks: $100 sign-up bonus, 5 percent back on Amazon.com and at Whole Foods Market; extended-warranty coverage; travel insurance and no foreign transaction fees. If you're a frequent

Amazon shopper, it's tough to beat.

Know This: Requires an Amazon Prime membership, currently $119 per year. (Nonmembers can sign up for another card with different benefits.) You can redeem points for credits at Amazon or for

cash back or gift cards through Chase Bank.