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Caution at the checkout: The costly lure of quick credit card savings

The holiday shopping season is just around the corner. No doubt, among the hustle and bustle, you’ll be asked the same question over and over at checkout. Would you like to open a store credit card? Consumer Reports says to think twice before you sign the dotted line. We’ve all been there. Before you swipe your credit card to pay, you’re told you can save even more –sometimes up to 20 percent off your purchase if you open a store-branded credit card right now. Should you take the plunge? Generally, this is not a good idea. Sure, those upfront savings can be very enticing, but if you don't pay off that balance before a promotional period ends, you'll pay a lot of interest. Read More Here: https://www.cbs6albany.com/news/local... -------------------------------------------------- Stay up to date with our social media: X: cbs6albany Facebook: cbs6albany YouTube: @cbs6albany https://cbs6albany.com/ Have a news tip? Email [email protected] WRGB is a NY based station and a CBS Television affiliate owned and operated by Sinclair Broadcast Group. Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country today. Sinclair owns and operates, programs or provides sales services to 163 television stations in 77 markets, after pending transactions. Sinclair's television group reaches approximately 38.7% of US television households and includes FOX, ABC, MyTV, CW, CBS, NBC, Univision and Azteca affiliates. #WRGB #CBS6Albany #News #ALBANY