ASK A CREDIT CARDS KEYNOTE SPEAKER: WHAT’S THE FUTURE OF FINANCE?

15 Jul ASK A CREDIT CARDS KEYNOTE SPEAKER: WHAT’S THE FUTURE OF FINANCE?

Posted at 06:22h in Uncategorized by

Connect with your favorite credit cards keynote speaker or futurist and they’ll tell you: It’s a fascinating time to be in the field. Between fintechs, online service providers, the rise of AI and automation, etc. a tidal wave of disruption is about to hit the sector. However, it bears reminding that not everyone is familiar with how the industry works. As credit cards keynote speakers and futurists, we’ve put together a primer on different types of card options:

  • Regular/Standard – The most common type of card. Typically has a variable APR and the ability to earn rewards on purchases. No special perks.
  • Rewards – Offer bonuses like cash back, points, or miles on different spending categories. Popular rewards cards include travel, gas, grocery, and dining cards.
  • Secured – Require a cash deposit as collateral. Helps build credit for those with no/poor credit history.
  • Charge – Must be paid off in full each month. No interest charged but have higher annual fees. Offer loyalty rewards and other upsides, per credit cards keynote speakers and futurists.
  • Balance Transfer – Offer a 0% intro APR for balance transfers from another card. Used to save on interest.
  • Student – Have lower credit limits and weaker rewards for those new to credit. Can help young folks build credit.
  • Business – Offer benefits tailored to business spending like rewards on office supplies or travel.
  • Premium/Elite – High annual fees but come with luxury benefits like airport lounge access, statement credits, and hotel status.
  • Store – Offered by specific retailers. May have discounted financing promotions.
  • Low Interest – Focus on lower ongoing APR rather than rewards. For those who carry balances.
  • Instant Approval – Easy to qualify for but have high APRs and fees. Target subprime applicants, or so credit cards keynote speakers and futurists observe.

 

The best type for you depends on your spending habits and financial situation. Many optimize rewards while avoiding interest costs.