Will you really benefit from the reward cards?
Usually, reward cards carry a high rate of interest. In fact, the interest rate is higher than that of a normal credit card. If you do carry a balance every month, then a reward card won't be that much beneficial for you.
As far as the airline miles card is concerned, you should ask the credit card issuer about the blackout dates. Ask when the credit card issuer will disqualify you for the reward programs. Will you lose reward points after getting delinquent on the credit card?
Secured credit cards help you repair your tarnished credit. The rate of interest is usually low and you can spend only up to a certain amount. However, some credit card issuers charge fees like annual fee, maintenance fee, application fee, etc. You may also have to pay fee for speaking with the customer care officer. It is better to know about these fees from beforehand so that you don't get a shock later. Ask if the card issuer will report to the credit reporting agencies. Your credit score will not improve unless the card issuer reports the payments to the credit reporting agencies.
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