A guide to Chase credit card types
Quick insights
- Chase offers several types of credit cards including cash back cards, travel cards, business credit cards and more.
- Each credit card comes with unique benefits and requirements.
- To help you decide whether a card is a good fit, you may want to consider your spending habits, lifestyle, income and more.
As you may have noticed, Chase offers various credit cards. The amount of choices may seem overwhelming, but by breaking it down into categories, you can start to sort through which kind of credit card might be right for you. Let’s review some different Chase credit card categories below.
Understanding Chase credit card categories
Chase offers a range of credit cards, including:
- Cash back credit cards
- Travel credit cards
- Starter credit cards
- Business credit cards
Let’s review these in detail to help you understand whether a card type fits your lifestyle.
What is a cash back credit card?
A cash back credit card is one that offers a percentage of spending back to the user as a reward. For example, let’s say you made a purchase of $100 with your cash back credit card. If your card offers 1% cash back on purchases, that means you will earn $1 in cash back rewards on that $100 purchase.
Cash back credit cards can make it easier to understand the value of the rewards you earn.
What is a travel credit card?
Travel credit cards are products that earn points or miles on purchases. You may earn rewards at an accelerated rate in select categories, especially travel-related purchases. Some cards may also offer bonus points in other categories, such as dining.
Some Chase travel cards come with no foreign transaction fees and some travel insurance options. Certain cards are known for their extensive travel perks, such as airport lounge access and annual travel credits.
If you are someone who likes to travel or you travel frequently, a Chase travel card may be beneficial for you to help enhance your travel experience.
What is a starter credit card?
Starter credit cards are cards that are designed for individuals who are new to credit and building their credit history. They may also have less strict approval requirements. Rewards may be more limited than other types of credit cards.
What is a business credit card?
If you own a business, you may consider applying for a business credit card. These types of cards are intended for business-related expenditures and may include rewards categories aligned with common business expenses. Some Chase business cards offer expense management tools and rewards on categories such as office supplies and telecommunications purchases.
In conclusion
Whether you’re new to credit cards or have been managing a business, Chase may have a card that fits your lifestyle. Remember to review the terms and conditions of the cards before you apply and maintain responsible credit management.
