Credit cards which are provided by banks come in different types for different purposes. It is hard to point out just one bank that provides the best credit cards. The fact is one credit card that is best for one person may turn out to be unsatisfying to another person in terms of availing any benefit, as their spending behaviour could be different. Hence, there is not a specific card that works best for everyone.
To choose the right card that matches your spending habits, you need to list out your expenses and compare them with the features of the credit cards. After analysing multiple options, you can choose the one that is right for you.
Based on different types of spends and needs, credit cards can be categorised as the following:
- Lifetime free credit cards
- Travel credit cards
- Rewards credit cards
- Lifestyle credit cards
- Fuel credit cards
- Shopping credit cards
- Entertainment credit cards
Understanding the needs of the customers, every bank tries to provide credit cards in all the above-mentioned categories. To get your favourite credit card, you must also check your eligibility with the bank. Your eligibility is evaluated based on your credit score, income and employment. Once you have eligible, the credit limit is fixed based on your income. In some cases, you may not become eligible for your favourite credit card if you do not have the income required to get it.
Looking for a credit card that is right for, check your eligibility at CreditMantri.