Standard Twist Drill Bit
Not the fanciest bit you can buy, but for most projects around the house, this bit will get the job done.

Coated Twist Drill Bit
Same as the standard twist bit, but the added coating keeps the bit cooler when cutting metal.

Spade Drill Bit
An inexpensive way to cut large holes. Leaves a rough edge, so use it for rough jobs like door locks.

Pilot Point Drill Bit
This bit has a more pronounced tip than a standard bit, which keeps the bit from straying on your workpiece.

Brad Point Drill Bit
Brad points gives smoother edges all around, which makes it perfect for fine woodworking.

Forstner Drill Bits
The favorite with serious woodworkers. Forstner bits are usually mounted in a drill press.

Combination Bit - Countersink
A pilot hole alone is not enough for driving most wood screws. This bit makes room for the shank and head.

Masonry Drill Bit
Probably don't need these very often, but when you do, there's nothing else that will work. These won't last long,.

Plug Cutter Drill Bit
Cut perfectly-sized holes for wood plugs in fine furniture. Like the Forstner bit, these need a drill press.

Self-Centering Drill Bit
The outer casing keeps the pilot hole perfectly centered on the hinge, which is critical for making doors open and close properly.

Auger Drill Bit
Not many other tools that will let you bore a hole completely through a wall, floor, or ceiling. There's really no substitute for an auger.

Hole Saw Drill Bit
Here's an inexpensive way to cut large holes, if you don't mind a few rough edges along the way. Most come in a kit with several sizes.