WHAT KIND OF CARD IS IT?

WHAT INCENTIVES DOES IT OFFER?

• Secured cards, which require a security deposit. The larger the security deposit, the higher the credit limit. Secured cards are usually offered to people who have limited credit records--people who are just starting out or who have had trouble with credit in the past.
• Regular cards, which do not require a security deposit and have just a few features. Most regular cards have higher credit limits than secured cards but lower credit limits than premium cards.
• Premium cards (gold, platinum, titanium), which offer higher credit limits and usually have extra features--for example, product warranties, travel insurance, or emergency services.
• Does the card offer incentives and other features?

INCENTIVES AND OTHER FEATURES

• Rebates (money back) on the purchases you make
• Frequent flier miles or phone-call minutes
• Additional warranty coverage for the items you purchase
• Car rental insurance
• Travel accident insurance or travel-related discounts
• Credit card registration, to help if your wallet or purse is lost or stolen and you need to report that all your credit cards are missing
• Credit cards may also offer, for a price,
• Insurance to cover the payments on your credit card balance if you become unemployed or disabled, or die. Premiums are usually due monthly, making it easy to cancel if the payments are higher than you want to pay or you decide you do not need the insurance any longer.
• Insurance to cover the first $50 of charges if your card is lost or stolen. Under federal law, you are not responsible for charges over $50.