When store credit cards are put to use over the course of time, their benefits can be some of the greatest. For example, if you want to be able to save money at a particular store, especially if you shop there on a consistent basis, there's no question that its credit card option will be able to come into effect. In addition, there are various options to consider across all stores, which means that Bob Jain may tell you to weigh your options carefully. This is especially the case if the recent story about Sam's Club is to be believed.
Fox Business published an article that spoke about Sam's Club and its new credit card option. One of the defining traits of said option, for those not in the know, is the embedded security measure that was added through a chip inside of the card itself. What this chip will do, as the report detailed, is keep instances of fraud down to lower levels. To say that this is a strong feature would be nothing short of an understatement, which I'm sure Bob Jain - as well as others - would agree with.
The article mentioned that this particular program will launch on June 23 of this year. One of the reasons why this story stands out is because of the fact that the card has an embedded chip meant for security measures, which is something that other options seem to lack. Security is why many credit card options are invested in while others are cast by the wayside. As someone who is focused on the retail side of things, in addition to the financial realm, it's possible that this can create competition amongst retailers.
As financial authorities along the lines of Jain will tell you, many retailers have their own credit card options that can be invested in. Some of the most popular options, from what I have seen, are the ones that Target and Walmart offer. As popular as these are, though, others have been hesitant to sign up for them because of the idea of minimal rewards or greater interest rates. Sam's Club, with its greater security measures, deserves focus and Bob Jain can say the same.
How popular will this card be, in the long term, one has to wonder? While Sam's Club may not be at the same level of popularity as a company like Target, the truth of the matter is that the former still has its audience and there are many people that enjoy the idea of buying items wholesale. All that the store needs, from what I have seen, is an option that entails a heightened level of security. This may very well give Sam's Club more of an edge as far as credit is concerned.
Fox Business published an article that spoke about Sam's Club and its new credit card option. One of the defining traits of said option, for those not in the know, is the embedded security measure that was added through a chip inside of the card itself. What this chip will do, as the report detailed, is keep instances of fraud down to lower levels. To say that this is a strong feature would be nothing short of an understatement, which I'm sure Bob Jain - as well as others - would agree with.
The article mentioned that this particular program will launch on June 23 of this year. One of the reasons why this story stands out is because of the fact that the card has an embedded chip meant for security measures, which is something that other options seem to lack. Security is why many credit card options are invested in while others are cast by the wayside. As someone who is focused on the retail side of things, in addition to the financial realm, it's possible that this can create competition amongst retailers.
As financial authorities along the lines of Jain will tell you, many retailers have their own credit card options that can be invested in. Some of the most popular options, from what I have seen, are the ones that Target and Walmart offer. As popular as these are, though, others have been hesitant to sign up for them because of the idea of minimal rewards or greater interest rates. Sam's Club, with its greater security measures, deserves focus and Bob Jain can say the same.
How popular will this card be, in the long term, one has to wonder? While Sam's Club may not be at the same level of popularity as a company like Target, the truth of the matter is that the former still has its audience and there are many people that enjoy the idea of buying items wholesale. All that the store needs, from what I have seen, is an option that entails a heightened level of security. This may very well give Sam's Club more of an edge as far as credit is concerned.