As of May 2015, Cato does not provide a timetable for credit decisions, according to information provided on the retailer's website at CatoFashions.com. While many department stores deliver credit within seconds, others may need additional time to review a consumer's credit history, explains CreditCards.com.
Customers can apply for the card by visiting CatoFashions.com and selecting the 'Credit' link under the 'My Account' footer at the bottom of the page.
Approved shoppers may use their cards at any Cato location and its online store. Perks, as of May 2015, include no annual fee and no finance charges when the balance is paid entirely on or before the next billing date.