Different types of credit cards
There are many different types of credit cards, each with a unique set of benefits and perks. Find out which type of card is right for you.
“People like to say money doesn’t matter, but that’s not true. When we are in control of our finances and have good financial health, every area of our lives benefits. From our health, to our careers, to our relationships, being financially well can improve all areas of our life. The first step towards financial wellness is knowledge and I hope that my work provides people with the tools they need to make the right financial decisions for them.”
— Jacqueline DeMarco
Jacqueline DeMarco is a contributor to Bankrate covering personal finance, including credit cards, rewards credit cards and travel credit cards. In addition to Bankrate, she has contributed to LendingTree (including Student Loan Hero and ValuePenguin), Credit Karma, Fundera, Chime, MagnifyMoney, SoFi and Northwestern Mutual.
During college, DeMarco interned at a retirement plan advisory firm and was tasked with creating a presentation on the importance of financial wellness. During her research into how money can affect our health, relationships and career, she realized just how important financial education is.
“People like to say money doesn’t matter, but that’s not true. When we are in control of our finances and have good financial health, every area of our lives benefits. From our health, to our careers, to our relationships, being financially well can improve all areas of our life. The first step towards financial wellness is knowledge and I hope that my work provides people with the tools they need to make the right financial decisions for them.”
— Jacqueline DeMarco
There are many different types of credit cards, each with a unique set of benefits and perks. Find out which type of card is right for you.
Your account was opened the moment you were approved, so choosing not to activate your credit card won’t impact your account status – it just means you won’t be able to use it.
The American Express Platinum comes with a hefty $695 annual fee.
The Capital One Venture Rewards card offers numerous travel perks and rewards.
The Capital One miles travel program offers cardholders a user-friendly rewards system and no-hassle redemption options.
In terms of hotel credit cards, Marriott co-branded credit cards can be a great choice.
If you can’t decide between a cash back and travel rewards card, consider the Chase Freedom Unlimited.
The Chase Sapphire Preferred carries many perks and benefits that may make it a worthwhile card for the right person.