Explore Credit Card Types
Credit cards can serve different purposes, from earning rewards to reducing interest costs or building credit. Explore the main card types below to find options that match your needs.
Common Credit Card Questions
What credit score do I need for a credit card?
Requirements vary by issuer and card type. Premium rewards cards generally require stronger credit than secured or credit-building cards.
What is APR on a credit card?
APR is the annual percentage rate charged on balances when interest applies.
What is the difference between rewards and cash back?
Rewards cards may earn points or miles, while cash-back cards return a percentage of eligible purchases as cash rewards.
How do balance transfer cards work?
They allow you to move eligible balances from other cards, often with a temporary promotional interest rate.
Does applying for a credit card affect my credit score?
An application may result in a hard credit inquiry, which can temporarily affect your credit score.
Should I choose a card with an annual fee?
A fee-based card may be worthwhile when the rewards and benefits you use exceed the annual cost.
What is a secured credit card?
A secured card generally requires a refundable deposit and can help establish or rebuild credit history.
How many credit cards should I have?
There is no ideal number for everyone. It depends on your spending habits, credit management and ability to pay balances responsibly.