On a scale of 300–850, a score of 580–669 is considered as a fair FICO credit score. According to the consumer credit-scoring model VantageScore, a score in the range of 650–699 is a fair credit score. A fair credit score ensures that a person has access to fairly good lending services and products.

For frequent travelers, hotel credits cards can be a great way to earn room upgrades, complimentary breakfasts, free stays, and amazing travel discounts. Hotel credits cards are also perfect for people who usually stay in the same hotel chain whenever and wherever they travel. For those who like to hop hotels, flexible hotel credit cards are good options.

Credit cards are one of the most widely used financial tools that not only help one make purchases but do so much more. The right credit card can help you build a very good credit history and thereby secure the best rates on different offerings, provided that it is used responsibly.

No annual fee credit cards are the credit cards that do not require you to pay an annual fee. People often have to pay a high annual fee to earn high returns on their rewards credit card. However, no annual fee credit cards let you enjoy the benefits of a credit card with appreciated savings.

Foreign transaction fees are levied on credit card purchases made abroad, in a foreign currency, and for transactions involved with a foreign bank. An average rate of 2% to 3% is charged for these credit cards, which is not necessarily a high rate. However, it can become a significant burden to pay off.

What if you get cash back or rewards every time you swipe your credit card and shop? Yes, it is possible. With reward cards, you get points every time you shop from your credit card. You can redeem these points the next time you shop using your card. Today, some of the top credit card companies have amazing reward cards that will give you bonuses every time you fill your car gas or shop for grocery.