Who needs virtual money through plastics finds dozens of types of national and international credit cards. Credit cards are not guaranteed, the sponsor is the lender based on credit analyzes and financial profile, from there the lender offers a limit that can be used by the holder who must pay an invoice every month on its due date.
The cards are ideal for people who wish to make purchases in general commerce, finance products and services of the most varied without having to use cash and immediate to pay the bills, besides, the credit card serves to increase the score and to improve the credit bureaus such as Serasa Experian, SPC Brasil and Boa Vista (SCPC).
Types of Credit Cards
As I said, non-secured credit cards are funded by the credit card company. Customers receive a specific credit limit based on their performance index and current credit score. See the latest credit card rates. You can request the following types of non-secured credit cards:
Traditional Credit Cards
Traditional or standard credit cards are issued by banks, financial institutions, credit unions and credit card providers such as Visa, MasterCard, Amex, American Express etc. Issuers offer a wide range of card options for people with different income levels. Ideally, when applying for a card, research the terms, conditions and interest rates offered to qualify and be approved without difficulty.
Store Credit Cards
Retail branded credit cards or department store credit cards allow consumers to earn rewards for their loyalty to a specific store, business or company. The card holder may qualify for:
- Discounts on a percentage of the order or in-store purchases
- Win Free Shipping on Order Online
- Points that can be redeemed for items or perks
- Take Cash Back Or Cash Back
- Exclusive and personalized offers
While store credit cards usually come with slightly higher interest rates than traditional credit cards, they work the same way and will certainly break a branch for anyone with financial system restrictions.
Student Credit Cards
Credit cards for students can help college students in building credit. The cards usually come with an interest rate of around 15% because of the risk that the lender or the lender adds at the time of issuing the card.
Smart students – and their parents – wisely take advantage of these types of cards to qualify for advanced credit cards with lower, exclusive interest rates.
Credit Card Rewards
Rewards are listed as the most attractive feature for cardholders, however, many benefits of cards are hidden from customers. The most common types of rewards are additional benefits to customers based on their spending behaviors. Below we list some of the most common reward cards offered to captivate your customers.
The reimbursement rewards better known as cash-back or cash back are designed to give a fixed percentage back of the amounts spent on purchases. The money will be sent as a check at the end of the year or added as a credit on the monthly credit card statement (card invoice).
Credit cards with point-based premiums assign a point value to each dollar or dollar you have spent on products and services, with general purchases, stays, gas stations, and hotel. At the end of the month, you will have the opportunity to redeem or redeem your points accrued for merchandise, gift cards or travel.
Rewards per relationship
Some companies reward customers who use their credit cards at retailers, specific trades, or business-related services. For example, some banks reward their credit card holders with discounts on personal loans, vehicle financing, etc. Some retailers partner with credit card issuers to offer advantages such as discounts or exclusive offers to customers who use their cards in their stores.
Types of Special Credit Cards
You can also request a specialized credit card, such as:
- Business Credit Cards
- Travel credit cards (traveler cards)
- Credit cards supply
Business Credit Cards
Business credit cards allow cardholders to track their business expenses to facilitate the management of expenses and expenses with the company. With constant use the holder can earn free travel if the card is tied to a rewards program like smiles.
Travel Credit Cards
Travel credit cards, airline cards and hotel credit cards are designed specifically for people who travel frequently. They include deals with specific travel rewards such as flight updates, baggage insurance, vehicle rental discounts and membership advantages (Vips) and points for future travel. See the loan article for travel.
Credit cards supply
The supply cards usually provide a discount on the purchase of fuel or money back for the fuel you have purchased. Some companies, such as supermarket retailers, partner with these companies to offer discounts at gas stations on purchases at their grocery store.
Well, these are just some of the types of credit cards most used by Brazilians, of course there are dozens of other types of cards that we will talk about in another article. Any questions, access the comments or the contact page.