Credit card comparisons are important - taking the time to find the best credit card for your needs could save you up to hundreds each year. Whether you have excellent, good or poor credit, there is a credit card that is best for you.

Most banks offer several types of credit cards, falling into three general categories for poor credit, average or good credit, and excellent credit. Here is a brief credit card guide each credit level:

Secured cards, for those with poor credit. They require a security deposit for the amount of the credit limit. The larger the security deposit, the higher the credit limit. Secured credit cards are for those who have limited credit records, such as people with no credit record or people who have had problems with their credit in the past.

Regular card, for those with average or good credit. They do not require a security deposit and have just a few special features. Look for cards offering rewards such as cash back, air travel and merchandise. Regular cards usually have higher credit limits than secured cards but lower limits than premium cards.

Premium cards (gold, platinum, titanium), for those with excellent credit. These credit cards offer higher credit limits and usually have extra features. Many premium cards have a rewards program such as cash back, air travel, merchandise and dining often include special bonuses. They may offer additional perks for free, such as product warranties, travel insurance, or emergency services.

Although it may take a little time to make credit card comparisons, your savings will be substantial.