The concept behind credit cards is straightforward: You borrow money when you use a credit card to pay for something. After the credit has been restored to a good enough number, the individual can return the money they borrowed as a loan.

An interest rate will apply to you if you take extra time to pay back the amount you borrowed, rather than making the payment straight when you get the credit card bill. This basic idea underpins the whole credit card industry.

We will uncover the best credit cards out there as well as everything you need to know about them.