What’s the catch for store credit cards?

What’s the catch for store credit cards? Hi! Simple question. I have a decent credit score (840) and for most of my adult life only used 1 visa debit card and 1 credit card (Discover It). I decided to splurge today at Banana Republic and they mentioned a near 50% discount if I apply for their credit card. It was something like 25% off first purchase and 25% off for card holders this we...

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