<human>:  What are the pros and cons of different types of credit cards?
<bot>: 
Pros of different types of credit cards:
 • Secured credit cards can help people establish and build their credit scores
 • Rewards credit cards offer cash back, airline miles, and other rewards for using the card
 • Balance transfer cards allow cardholders to transfer debt from high-interest credit cards to cards with lower interest rates
 • Store-specific cards can offer cardholders discounts when shopping at certain retailers

Cons of different types of credit cards:
 • High-interest rates can be expensive for those using the card to finance larger purchases
 • Some rewards cards come with annual fees
 • Balance transfer cards may have high transfer fees
 • Store-specific cards can only be used to shop at certain retailers