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- Premium credit cards are expensive credit cards concentrating on the comfort of users. They have facilities like golf course visits, unlimited airport lounges, dining discounts ,health care facilities, discounts in flight bookings, etc. these credit cards can be ten times or even more expensive than the normal credit cards. Their core areas are luxuries and comfort. - Source: Internet
- Fuel credit cards are a result of the collaborations between oil companies and banks. They provide fuel points or cash back on the purchase of fuel from any petrol pump of the partner companies. Users can get the same amount of fuel from the partner company’s petrol pump when they want to redeem the reward points. This facility is only available on the partner petrol pumps. Some companies also provide reward points rather than cashback. - Source: Internet
- Credit cards can be of various types depending on the requirements of the users. While designing a credit card a particular feature is kept in mind as the nucleus of it and rest of the features are there to compliment it. Based on the basic features of the credit card we can classify the credit cards into following categories. - Source: Internet
- These are simple credit cards easy to use with a very simple cash back or reward points feature. Credit cards for beginners are always cheaper than the more expensive premium credit cards and offer basic services. Once can get accustomed to using credit cards by using a credit card as a financial tool. - Source: Internet
- These credit cards are for frequent travelers who need to spend long hours at airports and need a comfortable place to spend these long hours. These credit cards provide access to domestic lounges as well as international lounges. This facility is also provided by a few popular cards but if someone wants an unlimited number of airport lounge visits then they will have to go for a more premium card. - Source: Internet
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