Today in our credit card series, we are going to tell you about different types of credit cards and also which are the best credit cards of 2025. Generally, most of the cards fall into 10 categories like rewards, cashback, travel, premium, business, student, secure, co-branded.To know which credit card is right for you, you need to know about all types of credit cards.
What is Rewards Best Credit Cards
Reward credit cards reward you through points or cashback. This is best for people who pay their full balance on time so that they don’t have to pay credit card interest later. This is probably the reason why reward credit cards are mostly given to people who have a good credit score.
IDFC First Bank Generic Credit Cards
You can easily open this credit card online which gives you never-ending rewards and you can also manage it online
What is Cashback Best Credit Cards
Some people like direct cashback, they do not understand points, rewards etc., it is better if they get money directly. These credit cards give you a certain percentage of money back on every purchase.
HDFC Bank Millennia Credit Card
You will get the best cashback offers in this credit card. Through this card, you get up to 5% cashback on sites like Zomato, bookmyshow, Flipkart, cult.fit, Swiggy, Tata-click and Uber. You can get a cashback of Rs 1000 on a purchase of Rs 1 lakh or more.
What is Travels Best Credit Cards
Travel credit cards give you reward points that you can use to reduce your travel expenses. These travel credit cards also offer other travel-related benefits like priority service and travel insurance. There are different types of travel credit cards. Some offer rewards that you can transfer to different airline or hotel programs. Some credit cards offer points or miles that you can only transfer to certain airlines or hotels. Some travel credit cards also offer bonuses on dining and gas.
Axis Bank Vistara Signature Credit Card
With the help of this credit card, you can get 4 free premium economy class tickets. You will also get Vistara Club membership and you can get around 4 complimentary economy class tickets. If you spend Rs 75000 in 3 months through this card, then you will also get 3000 bonus points
What is Secured Best Credit cards
This credit card is a good option for those who do not have a good credit score or who have difficulty getting a credit card. In this, you do a kind of funding for your card. In this, the card holder gives a refundable security deposit and then the same deposit is used in a way.
If someone wants to improve his credit rating as a credit limit, then this is a very good option for him. Issuers report your balance history to the three major consumer credit bureaus which are (1) Experian (2) Equifax and (3) TransUnion. If you perform well, your credit rating can improve.
0 comments:
Post a Comment