This holiday season, retailers may nudge you a little harder to sign up for their store credit cards. Perks could include discounts of 10% or more on your first purchase and introductory offers that allow you to delay payments, interest or both.

There’s no need to waste your time — and some short-term damage to your credit score — by applying for a credit card offer that’s out of your league. This first step is crucial because the information in your credit reports — and the scores that are calculated as a result — will be critical in determining which cards you get and how much you pay for them.

Insurance companies can use use drivers’ credit scores and personal credit score information to determine how much to charge for auto insurance rates.

The Wal-Mart Credit Card is offered by GE Money Bank for Wal-Mart customers. Credit card benefits may include online account management and cash promotions for approved applications. Online account access includes credit card statements, payments, request for credit limit increases, and email and phone alerts.

Credit reporting bureaus continually update credit reports as they receive information from lenders. Your credit score may change with these updates as lenders add new information to your credit report but also as old information drops off your report. How updates affect your credit score can depend on your overall credit history.