Credit reports and credit report scores are important to obtain loans, funding and it contains all your financial information like the history of your bill payment, loans, debt etc. It also contains the history of a criminal past like fraud, arrest, bankruptcy. The FICO ( Fair, Isaac, and Company)  score was first introduced in 1989. It was used by the majority of banks and creditors.

Almost all gas credit cards in the US are general purpose cards with special benefits for purchasing gas. The 10 best gas credit cards are all available for a credit score of 700 and above. It is not that no cards are available for those with average or poor credit score.

A customer can load these general cards with his funds, and they can be used for all their purchasing needs and paying bills. Prepaid cards are more or less similar to traditional debit cards a person can use it anywhere based on his requirements. It works on the simple principle of “you load it you spend it” funds can be deposited or transferred through direct deposit, bank transfers or by visiting the nearest retailer, these depend on the services rendered by the issuer of these cards.

Travel credit cards or travel rewards credit cards are cards which benefit a traveler in terms of earning him free travel, achieving elite membership with airlines and hotels and similar travel-related perks when used. Though they can be used to get cash back, travel rewards cards are more effective when used to collect and redeem travel points.

With dozens of credit card options available online and at the banks, it is no easy task to pick one. The best card is distinguished by how much debt the user has, how and where it’s spent, travel habits, and many other things. There are some solid relevant reasons involved in choosing one.

Getting a cashback is one of the most direct rewards that you will get out of your credit card. A cashback, as the name suggests, is a reward given to buyers of a particular product in the form of cash. Cashback credit cards are like discount coupons that can be applied to everything.

There are hundreds of options to apply for a card (credit) online; however, just an online application does not cut it. Documents have to be submitted, which are verified and then you can apply for the credit card online. When applying for a credit card online, you will also need to tell about your income, credit score, reducing your debt, and you do not need to simply apply for the first offer that you get.

A balance transfer fee is what you are charged when you transfer the debt you owe on one credit card to another card. The biggest advantage of balance transfers is that they lower your interest rates and enable you to pay off your debts sooner. The debt from the previous card with high interest has been paid off by the current one and you pay the debt on the new one at a lower interest.