Low rate card
Some credit cards offer cashback or other rewards for everyday spending, like points to spend on flights or shopping vouchers. This can sometimes be available for a wide variety of transactions on the card, or targeted towards a specific type of spend (e.g. household bills) and offering a more generous rate of reward. The rewards may come at the cost of a higher interest rate or an annual fee, so look at whether you think the benefits will outweigh the costs.
0% purchase card
Balance transfer card
Some cards offer 0% interest for a fixed time period for balance transfers from other cards. These allow you to transfer existing debt from different credit cards for a small percentage fee of the amount you're transferring. This can be helpful if you will pay less interest/fees overall than keeping any debt on your existing card/s.
Like the 0% purchase card, this 0% interest period will end so it’s ideal to try and clear your debt before it does. It’s also worth looking at what the rate will change to so you know what you’re in for over the longer term.
Credit builder card
If you have little or no credit history then these cards can help you build your credit history. Interest rates may be higher than other types of cards, but you can avoid interest as long as you pay off your balance in full each month.
Taking out a credit card is a big decision and it’s important to be sure you’re aware of all the benefits and trade-offs of any cards you’re interested in.