It’s difficult to shop at any supermarket these days. And online shopping doesn’t save you from credit card discounts. Although it may be enticing to sign up for a store credit card and save up to 20% on the transaction that day, compared to standard credit cards, store credit cards are just not worth it. 

That is, those labeled with a big network for processing. By contrast, any retailer accepting credit cards from that distribution network can use general-purpose credit cards, including cobranded store credit cards. 


They’re just like every other credit card, but usually, transactions made in the associated store can gain greater rewards or other advantages. As these credit cards are approved in more countries, you will usually not run into any difficulties using a Visa or MasterCard. Here’s your brief guide to Retail Rewards Credit Cards!

A Brief Guide to Retail Rewards Credit Cards
Image Source: Champion Solutions Group


Generally, rewards fall into one of three classifications: cash, points, or miles. The cash rewards can help reduce the balance of your credit card. For yourself and your loved ones, travel incentives will help you win free trips. 

You may use incentives to buy presents for holidays and birthdays. You can invest in the incentives you receive, too. The Fidelity Investment Incentives Signature Visa, for example, positions the incentives in an investment account. 

Retail credit cards are intended to provide you with points and other incentives for shopping at selected stores, supermarkets, and gas stations. 

You could receive a higher rate of points per $1 spent with retail partners, redeem points instantly in-store, or enjoy other advantages, such as free shipping for online purchases and exclusive activities, depending on the card you select. 

How It Works

These credit cards are equivalent to other reward options, awarding you points on qualifying transactions per $1 spent. In general, when shopping with friends, a supermarket loyalty card can also provide unique advantages.

The David Jones American Express Platinum for example, provides 4 issues for $1 spent at David Jones, 3 points for $1 at major gas stations and supermarkets, and 1 point for most other qualifying transactions per $1 spent. 

A few retail credit cards allow you to use your points with retail partners to pay for purchases. If you have a Coles credit card, for instance, you can use it as your Flybuys rewards card. Meaning, you will be able to redeem your Flybuys dollar points and get cash from your shopping at Coles or other participating partner Flybuys shops. 

Special discounts such as free shipping for online orders, monthly discounts when you pay with your wallet, free gift-wrapping, or exclusive sales can be unlocked by your retail reward credit card.


Wherever you spend on your credit card, you will have the ability to gain points, but the redemption of points will be limited to the store whose name is on the credit card. 

Therefore, when you compare supermarket rewards credit cards, the primary emphasis should be on whether the retailer sells you the type of items you want to take home with you since that’s the retailer where you’re going to invest the rewards. 

Where you make your purchases will depend on the number of points you receive per dollar. For in-store shopping, you can gain more points than at other locations.

What to Look for in a Retail Rewards Credit Card

It is important to look at how many points are required to buy things you want while shopping around for a retail rewards credit card. Rewards points are not created equal, so comparing the reward value of competing cards is worth creating. 

The payment interest rate on a rewards credit card would invariably be higher than its low-rate credit card equivalent. For clients who pay their balance in full each month, rewards cards are usually only financially rewarding.

Limitations and Disclaimers

A limit on your points means that you won’t be able to earn more than a certain amount in any year. When you are a high spender, this punishes you.

Similarly, the expiry date on the points penalizes the low spenders with a lower payout who will have to trade their points. Unfortunately, if you forget that your points are about to expire, they can end up permanently disappearing. Some cards do not have any of these requirements, but they are worth testing. 

While with a rewards credit card, an annual fee for the credit card itself is very normal, you should be mindful that a fee can also be paid to be a part of the rewards system.  

Interest-free days offer credit cardholders a chance before interest is added to settle their settle. However, if you bring a balance from the previous month, please be mindful that there are no interest-free days.

A Brief Guide to Retail Rewards Credit Cards
Image Source: Business Insider


It is relatively easy to apply for store credit cards, making them a good choice for first-time credit card users or individuals looking to restore their credit. 

Store credit cards, however, only go so far as to create a strong history of credit. You’ll finally need to receive a big credit card to gain a decent credit score, even if it’s a cobranded version of a supermarket credit card.