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What’s your credit card personality?

Knowing your credit card personality can help you choose wisely from the vast array of cards on the market.

So when it comes to choosing a new credit card where do you start?

Nerys Lewis, head of money at, says: "Think about how much you spend in a month, where you spend it and how often you clear the balance.

"This will help you decide which credit card is right for you, saving you money in the long run."

Balance transfer card

These come with lengthy interest free periods and they’re perfect for those who like to move their credit card balance again and again in order to get a better rate.

Frequent balance transfer card holders are also known as rate tarts – always moving their business to cards with the best balance transfer deal.

Generally, you have to have a good credit record to get one.

These cards are great for people who’ll keep track of their finances so know when 0 per cent periods run out so they can change cards.

Current best buys: HSBC is offering 23 months 0 per cent interest on its balance transfer card, although this is for existing customers only. The Barclaycard Platinum offers 22 months 0 per cent on balance transfers and £30 cashback on balance transfers over £2,500 for May.

Low APR card

People who don’t clear their credit card balance every month should have a low APR card.

This will ensure they don’t pay too much interest on their balance.

These cards are ideal for those who can’t be bothered with constantly changing.

Current best buys: Sainsbury’s Low Rate card with an interest rate of 6.9 per cent APR.

There's also the Barclaycard Platinum Simplicity with an interest rate of 7.9 per cent.

Credit building cards

Credit building cards are aimed at those with no credit record, or a less than perfect one, who want to build or rebuild a good credit history, by proving to lenders you can make repayments on time.

This type of credit card can help you to build up your credit rating but generally offer a smaller credit limit, so they’re perfect for students or those who are a bit scared of cards.

These cards do have higher interest rates so it’s wise to spend only a small amount on them and repaying in full each month.

Current best buys: The Aquis Visa Card with an interest rate of 29.8 per cent and the Barclaycard Initial with an interest rate of 29.9 per cent.

Cashback or rewards cards

Cashback cards and rewards cards are great for people with a good credit rating who pay off their bill in full every month.

So these are perfect for those with like to be rewarded for spending on their card.

Current best buys: The Capital One Aspire World card offers 5 per cent cashback up to £100 on your purchases for the first three months.

The AA Rewards Card offers points on every purchase and double points on motoring, fuel and AA products.

Travel credit cards

Cartoon image of a woman with a suitcase and a credit cardTravel credit cards are perfect for holidaymakers and those who travel a lot, as they don’t charge fees when using abroad.

A perfect way to make sure your money goes that bit further when you’re abroad

Current best buys: The Post Office credit card offers 0 per cent commission on purchases overseas and Sainsbury’s Gold card has no fees on foreign currency or cash withdrawal and you can also earn Nectar points when you spend.

Save and donate! is donating £5 to children's charity the NSPCC for every credit card taken out up until 10 May.

The money raised will be used by the NSPCC to end child cruelty and make a real difference to the lives of children in the UK.

Naphtalia Loderick

Naphtalia Loderick

Naphtalia Loderick covers all things consumer for She started out on a weekly newspaper, via a national news agency and a stint in the fun but ‘not as glamorous as it appears on screen’ world of TV at the BBC researching consumer films for The One Show.

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