Different cards for different people


Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Travel with Credit Cards » Different cards for different people

Different cards for different people

Updated: December 26, 2012

The content is accurate at the time of publication and is subject to change.
For each person having a credit card means different things. Credit cards may be the best option to shop for some people, for others it may be something to be used on certain occasions alone, for still others life without credit cards is near impossible. Today credit cards have grown into an integral part of our lives. Most of us simply cannot do many of our important transactions without having a credit card handy. Whichever reasons make the credit card important, people also must know that if used without thought they can create a huge debt that is difficult to pay off. Many people find that they opted for a credit card after reading a marketing email. Then when making purchases and paying off what they woe, the balance still remains, because of high interests. When choosing your credit card do read carefully all that comes with it. Use it wisely. Credit cards are of different types. You can take one based on your needs. If you are an entrepreneur who does a lot of bulk purchases online or are a frequent flyer you may want to choose a card that is useful to you in your purchases and travels. That way you can be sure that when you use your card, you are also gaining from it. With proper planning and calculation credit cards can really help you save. Many people will have heard of balance transfers. They will opt for it easily thinking it will solve their problems with high interests. But beware that it may just be a promotional offer. Also take care to check that you do not end up paying a high fee for your balance transfer, which will also cut down on your credit limit. Enquire if the low interest on transferring your balance is applicable to new purchases as well. Else do not continue charging to your card after a balance transfer. There are of course different types of credit cards for different needs. If you are a student you may want to consider building your credit record early on by opting for a student credit card. Be sure to pay your outstanding amounts right away, maxing out your credit cards is a bad way to work on your credit scores, besides making the payments on it will also get difficult. Students could ideally also opt for what is called a prepaid credit card. On a prepaid credit card the balance amount is not a worry as the credit limit is based on money you have already paid. Today having a credit history is vital to everything in life such as mortgage, loans and insurance. Even employment agencies and companies will look at your credit history. If you have no credit history then think of having other documents like a bank statement in place and opt for a simple credit card with no extra features and low interest form a bank where you have your savings account and regular transactions with. Credit card problems can be sorted out if you know how to deal with them properly.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Travel with Credit Cards Research:

Related Research:

Top 5 Cards for Travel from Our Partners: Summer 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Summer 2018 – Expert’s Choice

Posted: February 12, 2018

The sun shines more and more each day, flowers are in bloom and you already feel how hot it is getting - summer is here. Summer holidays are almost here, and you are in need of dire preparation. You can lift in spirits and let CreditLand ... Continue reading
Cash Back or Travel Rewards? Here’s How to Decide On The Right Card

Cash Back or Travel Rewards? Here’s How to Decide On The Right Card

Posted: February 10, 2018

If you're trying to find the perfect rewards credit card, you might feel like you're drowning in options. There are just so many out there, and many of them look similar. This can make it tough to decide on a card. One thing people often ... Continue reading
Price Protection: Credit Cards That Will Refund a Price Drop

Price Protection: Credit Cards That Will Refund a Price Drop

Posted: February 8, 2018

Those who often find themselves buying stuff and then discovering that they could pay less for the same item they've just bought, will appreciate this credit card benefit – price protection. This is the least known and the most neglected ... Continue reading
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!