Can I Use My JCPenney Credit Card at Walmart?
If you are like most people you have a credit card from JCPenney. Whether it is for gasoline, toys, clothes or just the food and water that is always on the shelf you can use the same card to do many things. But what if you wanted to use your JCPenney credit card at Walmart instead of the superstore? Many people wonder the same thing. If you too want to know if you can use your JCPenney card in Walmart then read on for the answer.
JCPenney has an application process that requires a person to be at least eighteen years old and have a job to use their credit card. Other requirements would include a checking account with a balance above a certain amount as well as an active savings account. Walmart does not accept all credit cards from major companies like Visa and Mastercard. So if you apply with these two major credit card companies they will most likely not approve you. There are some credit card stores though that does accept these cards at Walmart like American Express, Discover, or Money Mart.
Before you start to use your JCPenney credit card at Walmart make sure that you have the right type of card. You do not want to use a card that has no credit or a card that has too much interest because it will only cost you more money in the end. Another way to get around this problem is to use your JCPenney card at a place like Wal-Mart where they offer a program that allows you to use your JCPenney card to buy food and other things at the store. This program has been known to help save people money by only putting food on the shelves of Walmart that meet their nutrition requirements.
When you use your JCPenney credit card at Walmart make sure that you do not run up your balance right away. By doing this you will be able to pay off your balance in a few months. If you run up your balance, you will then be charged an extraordinary fee by your credit card provider to pay for the charge. This is why it is important to pay off the balance every month even if you only use your JCPenney card at Walmart to buy small items.
One thing to keep in mind when using your JCPenney credit card at Walmart is that you must not spend more than you can afford to pay back. There are many places that offer products that are out of your price range. By getting the right credit card for you and being disciplined in how you use it you will be able to keep your credit limit intact and eventually pay off your debt without accumulating more. A great way to go about keeping your credit card within reasonable limits is to only ever use thirty percent of your available credit. If you only ever use thirty percent and pay on time you can easily get your finances under control and pay down your debt without a problem.
It is very easy for consumers to rack up large bills from their favorite store credit cards. This is why it is important to stay on top of your expenses and only ever use a percentage of your available credit to purchase items. This will help to keep your credit limit in tact as well as prevent you from overspending and developing a bad spending habit. It is important to remember that Walmart offers a very low interest rate for their credit cards. This means that you will have little to no problem paying back the debt after you pay it off. Just by avoiding impulse buying and setting strict rules on how much to spend you can easily avoid the problems many consumers run into when they overuse their credit cards at Walmart.
