Types of Credit Cards Explained

Here's what you need to know about the different types of credit cards available to you.

Several credit cards stacked together
(Image credit: Getty Images)

A credit card can be a beneficial addition to your wallet, as long as you choose the right one and use it wisely. Therefore, it’s important to know how to choose a credit card that’s right for you. There are several types of credit cards available, from rewards credit cards that let you earn cash back or points, travel rewards cards that can save you cash on your next vacation or even student credit cards designed for those with limited credit history. 

Here’s a breakdown of the types of credit cards

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Erin Bendig
Personal Finance Writer

Erin pairs personal experience with research and is passionate about sharing personal finance advice with others. Previously, she was a freelancer focusing on the credit card side of finance, but has branched out since then to cover other aspects of personal finance. Erin is well-versed in traditional media with reporting, interviewing and research, as well as using graphic design and video and audio storytelling to share with her readers.