I have excellent credit and I often shop at dillards.com, is their credit card a good one to have? I wanted to know in terms of rewards and what I get in return for using their card, I don't plan on carrying a balance-should I apply for their credit card?

Well, it is a good thing you don't plan on carrying a balance because as we know store credit cards are notorious for high interest rates. As far as rewards go, cardholders get two points per dollar spent at the store. This sounds good but when we do the math it's a different story. If you need 1,500 points to get a $10 gift certificate at two points per dollar; that equates to spending $750 to get the $10 gift certificate. This breaks down to a 1.3% reward rate. If you have excellent credit, there are so many cards to choose from that are so much more rewarding. If you are getting a card solely on the basis of rewards you should be looking at a reward rate of at least 1.5%.