Standard Credit Cards – These are the most basic types of credit cards and don’t come with any perks or benefits. They are helpful if you are looking to make one-off purchases that are outside of your income bracket. Credit Builder Credit Cards – These are designed to help people out of a bad credit rating, by paying off the balance regularly. 0% Purchase cards – These offer 0% interest on any money spent. However, after this time the interest rate will be higher than standard, so make sure to pay off the full amount before the period ends. Reward Cards – These offer you points every time you spend. This can be then claimed back on purchases such as flights or hotels. However, be warned that reward cards often have far higher interest rates, which mean that if you don’t make the repayments, the rewards are negligible. If you are concerned about owing money on your credit card we would recommend choosing an option with lower interest rates. Store Cards – These cards will offer you cash back every time you spend money in the store.