The Right Credit Card for Your Credit History
Credit cards for good to excellent credit typically offer rewards and the most attractive terms. They usually have lower APRs, higher credit limits and offer cardholder benefits.
People with bad credit may not be able to qualify for the cards with the best terms. Credit cards for people with bad credit may require an initial deposit, have a lower credit limit, or have a higher APR and additional monthly fees.
Using Credit Cards to Pay Off an Existing Balance
How to Make the Most of Credit Card Rewards
When Paying an Annual Fee is Worth it
Using Cardholder Benefits
Types of Credit Cards Available
Travel credit cards: Credit cards that offer rewards for travel, and often have cardholder benefits for travel, such as free checked bags and priority boarding.
Rewards credit cards: Credit cards that earn rewards for every dollar spent on the card, including cash back, points or miles.
Bad credit cards: Credit cards designed for people with bad credit. These cards are easier to qualify for, but they may have drawbacks including security deposits, lower credit limits, higher APRs and additional fees.
Student credit cards: Credit cards designed for college students with little to no established credit. These cards may have features designed for college students building credit history, such as free FICO credit score access and rewards for good grades.
Balance transfer credit cards: Credit cards that offer zero percent introductory APRs on balance transfers. With these cards, you can pay down your credit card balances with zero interest during the introductory period, usually between 12 to 24 months.
Business credit cards: Credit cards offered to business owners. With business credit cards, you can separate business and personal expenses and may be able to take advantage of business rewards and cardholder benefits.
Cash back credit cards: A type of rewards card, cash back credit cards earn a percentage of what you spend on the card as a cash back reward.
Low interest credit cards: Credit cards that offer zero percent promotional APRs, or low standard APRs. You can use these credit cards to save on interest.
To learn more about credit cards and the top credit cards available today, visit the U.S. News guide to credit cards.