Airline Credit Card
If you are frequent flyer you should apply for Airline Credit Card. Airline Credit Cards are used to earn free trips.Airline credit cards allow the cardholder to earn points or miles that are able to be redeemed for free flights. There are 3 main types of credit cards that can be used for earning flights: 1) Airline credit cards allow the credit card holder to earn free flights at many different participating airlines 2) Frequent flyer credit cards allow the credit card holder to earn miles for the corresponding frequent flyer account 3) Travel credit cards allow the credit card holder to earn free travel via airplane, boat, car rentals.
Bad Credit Cards
Bad credit cards typically have higher interest rates but can certainly still be a very useful way for those with less than stellar credit histories to rebuild their credit score. Credit cards for bad credit typically come in 2 different varieties: secured and unsecured. A secured credit card functions much like a debit card in that it is backed or “secured” by money that the cardholder puts into an account. An unsecured credit card is without this backing of funds deposited by the cardholder and has the closest similarity to a traditional credit card.
Balance transfer credit cards
Balance transfer credit card are typically credit cards that have zero percent interest or at least very low initial interest rates for balance transfers. While a balance transfer done properly can be a great way to almost “game the system” it is important to read the fine print before doing the balance transfer. Many different credit card issuers slip in balance transfer fees, back end penalties, dollar amount limitations, and other charges so be sure and do your homework.
Business credit cards
Business credit card come in a wide variety of styles with many different possible perks depending on the card and card issuer. Some of the potential benefits that you will receive as a business credit card holder include cash back when purchasing office.
Cash Back Credit Card
Cash Back credit card are great ways to enjoy the convenience of a credit card and let that credit card actually make you some money each time you use it. Cash back cards are best utilized by those who will pay off their credit card balance in full every month. Many credit cards offer cash back of up to 1% without any limits, up to 5% cash back with limits on the maximum amount of cash back one can receive annually, or cash back of up to 5% on certain purchases.
Low Interest Credit Cards
Low interest credit cards are noted for having either a low introductory interest rate or a low fixed interest rate.Those who carry a balance on their credit cards will benefit the most with a low interest rate credit card. Those who are looking for a balance transfer credit card can benefit be utilizing either a card with a low introductory rate or a card with a low fixed rate.
Prepaid & Debit Cards
Prepaid & debit cards are great for sticking to a budget or for starting out as a new credit user in training. Prepaid credit cards and debit cards function much the same as a traditional credit card except for the cardholder must contribute money to the account before the card can be used. Once the funds in the account are depleted then the prepaid card will need a refill before it can be used again. Those just learning about credit can use prepaid credit cards and debit cards to build a strong foundation of good habits to become a responsible credit card user later on in life.
Reward credit cards
Reward credit card can offer trips around the world, free gas, free hotel stays, free meals, and much more.Be sure that the reward card that you chose is something that you are willing and able to redeem. If you love to travel then consider choosing a travel rewards card. If you are a salesperson that drives a lot then consider choosing a gas rewards card. If you enjoy going out to eat at fancy restaurants and seeing shows and sports games then consider a dining & entertainment rewards card.Secured Credit Cards function much like regular credit cards except for they require a deposit of funds into an account before the card can be used.
Student credit cards
Student credit card obtaining the best student credit card is much like choosing the best credit card for any of the other categories. Choose a student card that has a low interest rate, potentially cash back or rewards, and allows the option for an increased credit limit as the student proves their credit worthiness over time.
Travel Credit Cards
Travel credit card are a combination of airfare rewards cards, gas rewards cards, and hotel rewards cards. Each travel card differs in the specifics but be sure and look for a card that offers rewards in the form of travel that you prefer without any burdensome restrictions like blackout dates, short redemption periods, and narrow exclusivity agreements.