ANSWERS: 1
  • <h4 class="dechead">On One Hand: Regular Cards Accept Lower Ratings

    Regular credit cards have higher credit limits than secured cards but often not as high as gold cards. Traditionally, you do not need to have as good a credit for a regular credit card as you do for a gold card.

    On the Other: Gold Cards Offer More Services

    Federalreserve.gov states that gold credit cards normally have higher credit limits and usually offer extra features such as product warranties, travel insurance, or emergency services.

    Bottom Line

    Gold credit cards have more benefits than regular credit cards. A person has to have better credit for approval for a gold card than a regular credit card.

    Source:

    "Federal Reserve: Choosing a credit card"

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy