Rate of Play Time Controls

Bullet

Less than 3 minutes per game. Common Bullet time controls are:  

(1) 1 minute + an increment of 2 sec./move or

(2) 2 minutes + an increment of 1 sec./move.

Blitz

Between 3 to 5 minutes per game often with an increment of 2 sec./move. The FIDE World Blitz Chess Championship uses 3 min. + an increment of 2 sec./move. 

Rapid

Between 10 min. to 30 min. per move. The current FIDE World Rapid Chess Championships use 15 min. + an increment of 10 sec./move

Classical

Over 30 minutes a game. The current FIDE World Classical Chess rate of play is 90 minutes for first 40 moves, followed by 30 minutes for the rest of the game + an increment of 30 sec./move  starting from move 1.