Most popular credit card features
You can consolidate an existing debt at a lower interest rate with a balance transfer card.
- Manage your debt. The longer the low or 0% balance transfer APR lasts, the more you can save.
- Beware of the revert rate. When the introductory low or 0% interest rate ends, you could find yourself confronted with a much higher interest rate.
A rewards card can be a worthwhile way to get something back from your spending. Whether you’re a frequent flyer, loyal customer or big grocery spender, you can find a rewards credit card to suit almost any lifestyle.
- The major draw of this type of card is earning points that can be redeemed for rewards. Depending on the card you use and the promotions in place, you may be able to earn bonus points when making certain types of purchases or shopping with a particular retailer.
- What you can redeem your points for will vary from card to card. Some allow you to redeem points for flight rewards as well as shopping or travel vouchers. Others can be used for cash back, to redeem merchandise or even to donate to charity.
Cards with 0% APR
If you’re looking for a card that can lead to significant savings on interest, a 0% APR credit card could be the right choice for you.
- 0% APR credit cards allow cardholders to take their time when paying off larger purchases or consolidating existing debt.
- If the 0% APR is only in place for an introductory period, the revert rate could be significantly higher. These cards often require applicants to have a good credit history as well.
Cards with low interest
A low interest credit card allows cardholders to repay their debts at lower interest rates than a standard card. Depending on the card, the length of the low interest period may vary from an introductory period to the life of the card.
- If you struggle to repay your balance each month, low interest cards can help you reduce the costs of your card.
- The advantage of low interest usually comes at the cost of forfeiting the extra features that a premium or platinum card may offer, such as a rewards program, complimentary rental car insurance or other perks.
Cards with no annual fee
A no annual fee card doesn’t charge a yearly fee. Some cards have this as an ongoing deal; others will waive the standard fee for the first year of using the card.
- Not having to pay an annual fee can result in savings each year.
- If the annual fee is only in place for a promotional period, there may be a high annual fee when it reverts to the standard rate.