What are the types of credit card?
From credit cards for travel to credit cards for shopping, there are various credit card types that are available today to fit various needs of the customer. A few types of credit cards are secured credit card, credit card for rewards, fuel credit cards, co-branded credit card and cashback credit card.
Credit Cards Types and their features:
- Travel credit card
Travel credit cards can help you enjoy discounts on all airline ticket bookings, bus and rail ticket bookings, cab bookings, and more. Reward points are earned on every purchase. Redeem reward points to earn air miles which can be used to avail discounts on future bookings. Enjoy complimentary access to VIP airport lounges, book tickets at discounted rates, and more with travel credit cards.
- Fuel credit card
Reduce your total transportation costs with a fuel credit card by availing fuel surcharge waivers. Fuel purchases made with such credit cards can also help earn extra reward points. Make substantial savings throughout the year on fuel spends.
- Reward credit card
This type of credit card comes with accelerated reward points on specific purchases and transactions. Bonus points earned can be redeemed for discounts on future purchases, or to reduce your monthly credit card bills.
- Shopping credit card
Shop at partnered stores online or offline to enjoy discounts on purchases or transactions with shopping credit cards. Enjoy cashbacks, discount vouchers, and more year-round.
- Secured credit card
Avail a secured credit card against fixed deposits to enjoy attractive interest rates. This type of credit card can help users increase their credit score with proper usage.
Go through the fees and charges on different types of credit cards carefully before availing. Make sure to avail a credit card suitable for specific financial needs.
Bajaj Finserv offers the RBL Bank SuperCard with the power of four cards in one to help users avail all the benefits with just one credit card. You can avail any of the 11 variants offered by Bajaj Finserv in association with RBL Bank.