Credit cards are a significant part of how we purchase goods and services in the United States.They provide an easy way to pay for items without having cash on hand, which is especially useful when traveling or shopping online where you might not have access to your bank account or wish to carry cash.
Unsecured cards, the most common credit card type, often represent what people want when applying for a new credit card. Unsecured credit card options rely on expenses hitting a line of credit extended to you in advance.
Balance transfer cards allow you to transfer your high-interest credit card debt to a card with a low introductory annual percentage rate (APR). Sometimes the APR is even 0%, meaning the card user might be able to pay off credit card debt interest-free.