People looking for an honest review of credit cards may find it difficult to locate as there are so many different companies that provide this service. However, if you’re looking for a simple answer that doesn’t cost you any money, then this article is for you. We will discuss what credit cards does Speedway take, how it works, and how you can benefit from it.
What Is The Difference Between The Different Types Of Credit Cards?
When comparing credit cards, you need to bear in mind that there are several different types of cards available, each with its own set of advantages and disadvantages. Knowing how these cards work will allow you to pick the right one for your needs.
How Do Credit Cards Work?
Credit cards are a type of payment account that allows you to make purchases with credit instead of cash. These types of accounts are typically associated with a bank or a credit union, but they can also be found at retail stores and online marketplaces. When you make a purchase with credit, it shows up on your credit card as a “charge.” This allows you to track your spending habits and make immediate payments when necessary. You won’t be accumulating any interest charges as you would with a normal loan.
What Is The Most Popular Credit Card?
Each type of credit card has its perks and its disadvantages, and one type of credit card reigns supreme over all others: the Amazon Prime Card. This type of card allows you to make unlimited purchases at Amazon.com as well as get discounts on dozens of other online merchants. If you’re looking for an all-around perfect card, then the Amazon Prime Card is exactly what you need. It has a broad scope of benefits that make it a popular choice among consumers. The key benefits of the Amazon Prime Card are summarized in the table below.
Table Summary
Type of Card|Pros|Cons|Description —|—|—|— Amex|Free 2 day delivery, discounts at thousands of restaurants and retail stores, zero percent annual fee|Limited to one store per account, cannot be shared with other credit cards|Get free delivery on most items, access to over a million online stores and restaurants, and get a zero percent introductory annual fee for 12 months when you sign up for Amex DontPay Full|Zero percent APR for 15 days on eligible purchases, money back if you paid off your account in full within the last six months|35% APR on all purchases, minimum monthly payment is $1500|Pay off your card in full every month to avoid any interest charges, and you’ll never be charged an annual fee BankAmericard|No annual fee, no minimum payments, and 15 days of grace period|Limited to one store per account, cannot be shared with other credit cards|Get 15% cash back on all grocery and drugstore purchases, plus all travel and hotel purchases Chase Sapphire|Get 15% cash back on all grocery and drugstore purchases, no annual fee|Chase pays you back with a 5% bonus on all purchases after you’ve made 6 monthly payments in a calendar year|No additional points needed, just 3% cash back on all purchases, travel and dining rewards, and a 5% bonus on all shopping charges after you’ve paid off your balance in full each month Citi ThankYou|No annual fee, no minimum payments, and 30 days of grace period|Limited to one store per account, cannot be shared with other credit cards|Get 20% cash back on all grocery and drugstore purchases, plus all travel and hotel purchases Sapphire|Get 20% cash back on all grocery and drugstore purchases, no annual fee|Sapphire is a luxury card that offers exceptional customer service and attractive perks, such as $300 in travel credit, $200 restaurant credit, and accommodation credits|No additional points needed, you just need to make 12 regular purchases a year to maintain your account, and you’ll never be charged an annual fee Delta SkyMiles|No minimum payments and no fees|Seasonal and loyalty program, no annual fee|Get 5% back on all grocery and drugstore purchases, as well as all travel and dining fees and charges Discover Card|No annual fee, no minimum payments, and 30 days of grace period|Limited to one store per account, cannot be shared with other credit cards|Get 10% cash back on all grocery and drugstore purchases, and all travel and lodging costs that are charged to your account International Cards|No annual fee, no minimum payments, and flexible spending options|Seasonal and loyalty program, limited purchase options|Get 1% cash back on all grocery and drugstore purchases, and all travel and lodging costs that are charged to your account
Why Is The Amazon Prime Card The Most Popular Credit Card?
If you’re looking for an all-around perfect card, then the Amazon Prime Card is exactly what you need. It has a broad scope of benefits that make it a popular choice among consumers. The key benefits of the Amazon Prime Card are summarized in the table below.
Table Summary
Type of Card|Pros|Cons|Description —|—|—|— Amazon Prime Card|Free 2 day delivery, discounts at thousands of restaurants and retail stores, zero percent annual fee|Limited to one store per account, cannot be shared with other credit cards|Get free delivery on most items, access to over a million online stores and restaurants, and get a zero percent introductory annual fee for 12 months when you sign up for Amex DontPay Full|Zero percent APR for 15 days on eligible purchases, money back if you paid off your account in full within the last six months|35% APR on all purchases, minimum monthly payment is $1500|Pay off your card in full every month to avoid any interest charges, and you’ll never be charged an annual fee BankAmericard|No annual fee, no minimum payments, and 15 days of grace period|Limited to one store per account, cannot be shared with other credit cards|Get 15% cash back on all grocery and drugstore purchases, travel and hotel purchases Chase Sapphire|Get 15% cash back on all grocery and drugstore purchases, no annual fee|Chase pays you back with a 5% bonus on all purchases after you’ve made 6 monthly payments in a calendar year|No additional points needed, just 3% cash back on all purchases, travel and dining rewards, and a 5% bonus on all shopping charges after you’ve paid off your balance in full each month Citi ThankYou|No annual fee, no minimum payments, and 30 days of grace period|Limited to one store per account, cannot be shared with other credit cards|Get 20% cash back on all grocery and drugstore purchases, plus all travel and hotel purchases Sapphire|Get 20% cash back on all grocery and drugstore purchases, no annual fee|Sapphire is a luxury card that offers exceptional customer service and attractive perks, such as $300 in travel credit, $200 restaurant credit, and accommodation credits|No additional points needed, you just need to make 12 regular purchases a year to maintain your account, and you’ll never be charged an annual fee Delta SkyMiles|No minimum payments and no fees|Seasonal and loyalty program, no annual fee|Get 5% back on all grocery and drugstore purchases, as well as all travel and dining fees and charges Discover Card|No annual fee, no minimum payments, and flexible spending options|Seasonal and loyalty program, limited purchase options|Get 10% cash back on all grocery and drugstore purchases, as well as all travel and lodging costs that are charged to your account
Which Type Of Credit Card Should You Get?
When picking a credit card, you need to consider a number of different factors, including the type of benefits that you need most, what type of rewards you want to earn, and how much you’re willing to spend. In the end, it’s all about what’s best for you.