Here, we're going to take a look at some of the different types of credit card available, to help make this decision a little easier.

'Traditional' credit cards
The 'traditional' credit card (in other words, a credit card used for general spending) works in a very simple way: you spend money using your credit card, then repay the debt you've taken on at a later date.

While the use of the word 'traditional' may suggest that credit cards for spending are all similar, please bear in mind that there are various different features available with cards that could make the money you spend on your card easier to manage and in some cases, even rewarding.

For example, credit cards offering 0% interest on purchases (for a set period of time) allow you to spend money interest-free. Whereas a cashback credit card could give you a percentage of the money you've spent on your card back - usually at the end of the year in one payment.

Credit cards with 0% balance transfer
Some credit cards may make it easier for you to repay your debt. For example, credit cards with a 0% balance transfer facility don't actually charge you any interest on balances moved across from other cards. Extras like this, though, are usually only available for a set period of time.

Credit cards for bad credit ratings
If your credit rating isn't as healthy as it could be - or if you've not had a credit card in the past - a credit card for bad credit could be the right type of credit card for you.

Credit cards for bad credit are usually aimed at people who aren't able to access the 'better' cards on the market. It is important to understand that the interest rates on these cards are usually much higher than other credit cards. This is because the risk the provider is taking by lending the money to the borrower is higher than with a normal card.

Regardless of the rate, though, providing you are able to repay your balance in full each and every month, you'll never actually pay interest on the debt you've taken on. If you cannot repay your balance, however, the interest added to your debt could soon add up and you may be left facing some big debts.