What are the top 3 credit cards?

Four major types of credit cards are Visa, Mastercard, American Express and Discover. These are the major credit card networks, which most credit cards belong to, and they dictate where cards can be used as well as what secondary benefits cards offer. Fundamentally, the credit cards on these networks work the same way, however.… read full answer

4 Types of Credit Cards

1. Visa credit cards
2. Mastercard credit cards
3. American Express credit cards
4. Discover credit cards

Overall, Visa and Mastercard credit cards have the greatest worldwide acceptance, but American Express and Discover cards still have very broad coverage. When it comes to benefits, different networks provide different perks like rental car insurance, travel insurance and purchase protection. But which network benefits a card has is often left up to the issuing bank or credit union.

There are other nuances to these four types of credit cards, too. For example, American Express and Discover are the only two networks that issue their own credit cards. All cards on the Visa and Mastercard networks are issued by separate banks and credit unions.

Other Types of Credit Cards

Aside from the four types of credit cards split up by network, there are a lot of other categories that could be considered “types” of credit cards. For example, there are secured cards that require a deposit and unsecured cards that don’t. Similarly, some cards offer rewards, some are partnered with specific merchants, some have special financing deals, and some are only available to students or businesses.

You can learn more about the different types of credit cards on WalletHub.

The top 5 credit cards offer good initial bonuses, valuable rewards, intro APRs on purchases and balance transfers, as well as $0 fees. As a result, the top credit cards can help you save hundreds of dollars per year.

Top 5 Credit Cards of 2022

Keep in mind that there are many worthy candidates for the top 5 credit cards, each of which excels in different areas. You can check out our editors’ latest picks for the … read full answerbest credit cards on the market to see which one suits your needs better.

The best type of credit card is an unsecured credit card with rewards and no annual fee because it saves consumers a lot of money on purchases. The best credit card overall is Chase Freedom Unlimited®, which offers 1.5 - 5% cash back and an introductory APR of 0% for 15 months with a $0 annual fee.

For any individual person, though, the best type of credit card depends on their specific needs. Some people need cards that cater to low credit scores, while others need cards that give 0% financing on purchases or provide the best value at their favorite retailer. And some types of credit cards are the best for certain demographics only – like students or business owners.… read full answer

Best Types of Credit Cards

Now that you know about the best types of credit cards, you can learn more about some of the best individual credit cards below.

Best Credit Cards in 2022

You can browse the market’s best credit cards on WalletHub. You can also join WalletHub for free to get personalized credit card recommendations.