The Standard Credit Card

Standard credit cards offer basic services with few bells and whistles. A standard credit card might have a lower interest rate than others, but will not come with rewards or an exceptionally low interest rate. The standard card is a means to purchases and is offered to those who have a decent track record with credit, but not enough experience to qualify for a rewards credit card or premium credit card.

Standard credit cards are a step up from student credit cards and credit repair cards, and many standard credit card users are comfortable with their card for long periods of time. After using standard cards successfully for many months or a few years, you may receive an upgraded card in the mail from the same company or be able to qualify for a credit card with greater benefits from another company.

To qualify for a standard credit card, you must have established credit and a fair to excellent credit score. Standard credit cards can have either low or high credit limits and the Annual Percentage Rate varies by the issuing bank and the actual credit card.