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Different types of credit cards?


There are a variety of credit cards that are available today. The variety of credit available with us today are rewards cards, cashback cards, travel cards, balance transfer credit cards, co-branded credit cards, etc. All of these credit cards have their own pros and cons as they are put to use for meting different uses.

Credit card


Let’s have a look at some of the credit cards below:

1) Reward credit cards These credit cards help you to earn payback or reward points on your every purchase which can be redeemed later on.

2) Cashback credit cards The cashback ards help you to get cashback on specific terms on your purchase. Cashback points are available in the form of gift cards.

3) Small business credit cards these credit cards are best suited for all the small business owners. They usually get attractive reward points when they purchase goods and supplies from stores.

 4) Fuel Credit Cards With these credit cards, you will earn amazing cashbacks and reward points every time you purchase fuel at outlets. These points can be redeemed later on fuel purchases only.

5) Co-Branded Credit Cards These credit cards are issued by banks in partnership with some other company. The company can be a retail partner like FBB StyleUp Credit Card by SBI, travel websites like Yatra SBI Credit Card, sports league like Manchester United Credit Card by ICICI Bank etc.

Read here complete info: What are the different types of credit cards?


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