From good vs. bad rates to avoiding common pitfalls, credit card APR can significantly impact your financial health.

Credit card networks allow banks to communicate with each other and process transactions. Visa, Mastercard, Amex, and Discover are the major U.S. credit card networks.

A secured credit card functions similarly to a debit card. However, you’re essentially relying on your cash deposit, which is what translates to your secured line of credit to make purchases.

Many cardholders are clueless about these protections that can save them major headaches (and thousands of dollars).

Credit cards are a great financial tool for planning monthly expenses. While your hard-earned money sits in your bank account for the interest-free credit period, you can also earn additional reward points on your credit card.