Youve finally come to that stage in life when you can afford to own a credit card, not as a supplementary cardholder but as the principal cardholder. Finally, youve earned the right to have a credit card in your own name and to be able to purchase whatever you want without having to ask anybody elses permission. But now that that time has come, you find yourself in a quandary what type of credit card should you apply for?

There are just two basic choices for you do you want a credit card that offers rewards and one that doesnt?

The Non Reward Type of Credit Card

These credit cards do not offer you any reward points or bonuses no matter how many times you use their credit cards or how prompt you are when it comes to credit card payments. Instead, this type of credit cards allow you to waive interest charges for a certain period of time or avail of lower interest rates than those offered by reward types of credit cards.

Basically, there are two choices that youre given when it comes to the non reward type of credit card. The first one would be a credit card that offers 0% APR intro rates. When you get yourself this kind of credit card, youll be able to purchase anything without having to worry about contending with high interest rates. But the 0% APR is only applicable for a certain period of time because its an introductory offer. Once its over, the APR will revert to normal.

The second type of non reward credit card is the low interest ongoing APR credit card. Although its not 0%, the interest rate may be lower than what the new APR would be for a credit card with 0% APR intro rates.

The Reward Type of Credit Card

If you dont find yourself excited with all those low interest rates being offered by non-reward types of credit cards then perhaps youll find your heart racing with credit cards offering rewards.

With this type of credit card, the interest charge is usually higher but you really dont care about that, do you, if it means being able to win a iPod Mini later on, does it? With reward types of credit cards, frequency of use and promptness of payment matter a great deal. There are also a whole variety of rewards being offered so youre surely be able to choose one that you truly desire.