July 03, 2006

Credit Card Classification

The types of credit cards that are being offered are simply mind boggling. Co-branded credit cards have flooded the market and a credit card aspirant can understandably be confused as to which card to go for.

Here is a list of types of credit cards and the options available within each category that can help you somewhat negotiate yourself in the credit card maze.

Type of card - Standard Credit Cards
Options available - Citi® Platinum Select® Card, AT&T Universal Platinum Card, HSBC Platinum Mastercard®

Type of card - Cash Rebate Credit Cards
Options available - Citi® Dividend Platinum Select® MasterCard®, Chase Perfect Card, American Express® Blue Cash, Discover® Platinum Clear Card, Discover® Platinum Card, Discover® Gas Card

Type of card - Airline Miles Credit Cards
Options available - The Gold Delta SkyMiles® Credit Card, United Mileage Plus Visa® Card, The Miles Card from Discover® Card, WorldPerks® Visa® Platinum

Type of card - Shopping Reward Credit Cards
Options available - Universal Entertainment Mastercard® from Chase, The GM Platinum Card®, Hilton Honors Platinum Credit Card, Subaru® Mastercard® From Chase

Type of card - Student Credit Cards
Options available - Citi mtvUTM Platinum Select Visa Card, Citi® Platinum Select® Visa® Card for College Students, Universal Entertainment Student MasterCard®, Discover® Student Clear Card

Type of card - Business Credit Cards
Options available - Advanta Platinum WIth Rewards, Blue Cash® For Business From American Express, American Express Business Gold, CitiBusiness® Card

Type of card - Cards For New or Damaged Credit
Options available - Orchard Bank® Secured MasterCard®, Orchard Bank® MasterCard®, Aspire Visa, New Millennium Bank Secured Gold Visa® or Mastercard®, Imagine Gold MasterCard®

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