What are the different types of credit cards available?
There are several types of credit cards, including rewards cards, cash back cards, travel cards, and balance transfer cards.
Can you explain what a rewards card is?
Sure! A rewards card allows you to earn points or miles for every dollar spent, which can be redeemed for travel, merchandise, or cash.
What about cash back cards?
Cash back cards give you a percentage of your spending back as cash rewards, typically ranging from 1% to 5%.
Are there any fees associated with these cards?
Yes, many credit cards may have annual fees, foreign transaction fees, or late payment fees, so it's important to read the terms.
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