When you’re comparing credit cards, think about your spending habits and which card benefits are important to you. 

1. Review different credit card types
   If you enjoy travelling, a travel rewards card may be a great fit. But if you prefer to earn cash back on everyday purchases, go with a cash back card. If you tend to carry a balance, a lower interest card can help you save money and pay down what you owe faster. We even have cards for students and business owners. 
2. Compare card features
   Once you’ve settled on a credit card type, think about the card features that are most important to you. Consider things like annual fees, interest rates, credit limits and welcome offers. Use our compare tool to help you review each card’s key features.
3. Understand the fine print
   Before you pick your credit card, make sure you understand, and agree with all the terms and conditions. Review details like rates, fees and potential penalties. Understanding the fine print can help you use your card responsibly and save money. 
4. Apply for the right credit card
   Once you’ve finished your research and picked the best credit card for you, apply for a credit card online, over the phone or in person. Learn more about applying for a credit card.

A rewards credit card can help you make the most out of your everyday spending. Every time you pay with your card, you’ll earn points or get cash back. 

Rewards cards may charge higher interest rates or annual fees, but they come with competitive benefits that make up for the cost — like collecting points to redeem for travel, gift cards, and merchandise or getting cash back on all your purchases. 

A standard credit card may not come with the same reward perks. If you don’t plan on using your card often and you don’t think you’ll take advantage of the rewards, this card may be a good option for you. Some standard cards come with lower interest rates and annual fees so you pay less charges.

Travel credit cards reward you with points so you can redeem for flights, car rentals, hotel rooms and more. When you use your travel card to pay for things, you’ll earn points for every dollar you spend. Plus, with Aventura cards you can get more points for travel-related purchases made through CIBC Rewards Opens in a new window.¹.

Many travel credit cards come with extra perks too — like access to airport lounges, coverage for lost baggage and medical and trip cancelation insurance. 

Standard credit cards may not have the same travel perks. This type of card can be a good choice for those who just need a simple card to pay for things while they build their credit.

To maximize your credit card rewards, focus on using your card for purchases in categories that offer the highest rewards, like groceries or travel. While you're comparing credit cards, consider your spending habits and the types of rewards that will benefit you the most, whether it's cash back, travel points or other perks.