A free credit card and its advantages for women. Get to know different types of cards, such as the prepaid credit card, and use our credit card comparison to find the three best providers for a free credit card.
Save fees with a free credit card and use the advantages of this card. Because this is accepted worldwide and enables easy payment in online shops. You can use the usual credit cards or choose a prepaid credit card.
What is a credit card?
Everyone has probably heard of a credit card. But what exactly is behind it? And for whom is this suitable? A credit card is a card used to pay for goods or services. You can use them worldwide. You can also use them for online payments. Credit cards often grant the user credit, hence the name. There are also different types of cards, which we explain in detail below. A credit card comparison is therefore worthwhile.
Who is a credit card suitable for?
A free credit card is worth it for most users. Because it offers useful services, such as paying for goods and services worldwide. It is also accepted in most online shops. It, therefore, offers an advantage when shopping online compared to the EC card. In addition, many banks do not charge annual fees and offer additional services such as travel insurance. However, there are also disadvantages, such as over-indebtedness. So if you tend not to have an overview of your finances and like to spend money that you don’t have, then a prepaid card is more suitable for you.
Why the credit card comparison is important
Because the range of credit cards is now almost limitless, you should carry out a provider and a careful credit card comparison. So you have the current conditions of the various providers at a glance and can choose the individually cheapest offer. Because even if you could no longer get a loan because of your financial obligations, you can still get such a card thanks to the practical prepaid alternative. Also, note our money market account comparison for women.
The 3 best free credit cards
From all credit card providers, we have identified the three best providers for you. This provider comparison saves you a lot of time and effort. Change or refine the search result to find other cards like this.
Normal credit card (charge card)
With the classic credit card, you receive a monthly statement of all services and goods that you paid for by card. You can pay the amount either all at once or in monthly installments, which are not fixed. These amount to between five and 50 percent of the loan amount. In addition, this card can be recharged. Even if the old loan has not yet been paid in full. Also, note our tips for saving in the household.
The most common variant in Germany is a charge card, with which you receive a statement that you have to pay after 30 days at the latest. The so-called “charge and credit” cards have become increasingly popular in recent years. You pay a certain amount into your card account and get an additional credit line of between 25 and 100 percent of this amount. If you deposit around 1000 euros, you can actually have up to 2000 euros at your disposal.
Prepaid credit card and debit card
With the debit card, your free checking account will be charged immediately after using it. This card is also known by its popular name EC card. With the prepaid card, the creditworthiness of the cardholder is irrelevant. For example, anyone who has a negative entry in the Schufa does not have to do without an EC card. There is also the prepaid credit card. This is a prepaid payment card. Accordingly, you can load them with your desired amount and only spend this. Such a prepaid credit card is very practical, especially when traveling or abroad. Also, read our tips for saving on the Internet.
The history of the credit card
The success story of this card is impressive. A kind of loyalty bonus for good guests in the 1950s has now become a means of payment that is accepted worldwide. They were first issued by their American inventors, Frank McNamara and Ralph Schneider, as part of the “Diners Club”. The idea was to grant a deferred payment to selected New York restaurants. But initially, the spread of this card was rather leisurely. Only when the millionaire Alfred Bloomingdale entered the business. But it was Bank of America that made the credit card accessible to the general public. As a result, it is a popular and frequently used means of payment these days.
