These days, you can find numerous lenders offering a diverse range of credit cards. Therefore, picking the best one can be confusing. This is because every borrower might have specific requirements that not all cards can fulfill. Whether you are looking for Premier credit card or cards with high credit card limit, you need to smartly compare every credit card offer so that you can make a reliable pick. Read further to know what is a credit card and how to pick the best credit cards. What is a credit card and its different types To select the best credit card, you should know about the various types of options available. Here are some popular ones. Rewards credit card – As the name suggests, rewards credit cards help you earn points on every transaction made using it. Some of the varieties of rewards credit cards include travel (airline miles and hotel stay), retail, gas, groceries, and student cards. Balance transfer credit card – These types of credit cards are ideal if you are already having a high amount of debt. The lender allows you to transfer the debt from your existing credit card to a new one and gives you a certain period (6 to 21 months) to pay off the entire amount without any interest.