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What are the different types of credit cards
Manage episode 324208584 series 3325274
In a world where a dizzying array of credit card types are marketed to consumers, it’s easy to become overwhelmed by the sheer number of choices. The thing is, you don’t have to learn everything about every single credit card on the market. All you need to do is figure out which type of credit card would work for your needs, then focus your mental energy on researching which of those are the right fit.
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10 different credit card types
How do you know which type of credit card would serve you best? Consider the different types of credit cards outlined below and how each type of card might work for your spending and your financial goals.
- Rewards credit cards
- Cash back credit cards
- Travel credit cards
- Balance transfer credit cards
- Zero percent intro APR credit cards and low-interest credit cards
- Business credit cards
- Student credit cards
- Secured credit cards
- Store credit cards
- Co-branded credit cards
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