Benefits and importance of owning a credit card.

[TOZZIBLINKZ]

There are so many advantages and benefits when an individual uses a credit card for carrying out monetary activities and practices such as purchasing grocery items , or buying assets and properties that he or she possibly desires instead of using physical cash to do so . When an individual frequently uses a credit card to carry out every monetary activities and responsibilities he or she is considered to be practicing a cashless policy . Majority of countries have recognised the practicing of cashless policy and in fact its citizens are even doing so as well . Making use of credit cards totally safe time, it is also more portable, and finally it is also more durable and trustworthy . With the use of credit cards and individual could be able to carry his millions and billions with in a single plastic card which he or she totally has direct access to, and can entrust access to any individual whom he or she sees fit with just revealing either a 4 or 5 digit random code .

Credit cards are also known for its portability which means that they could be easily carried around without any individual knowing that you do . Initially people usually carry huge amount of money in their briefcases, purse, or wallet thereby making themselves vulnerable to becoming a subject of victim to thieves, pickpockets, and miscreants etc. But with the use of credit cards safety is provided to your monetary assets as a result of its portability and durability.

 

[CALVINDOL]

In Nigeria the use of credit cards was introduced back in the year 2010 but around the year 2013 the use of credit card was more enforced in Nigeria. And that is because individuals as the day goes by are becoming more acquainted with the benefits and importance of them owning or having a credit card . Credit cards is definitely known or popularly known for their portability and durability . Initially or previously an individual who always carry huge amounts of cash in his or her pockets , briefcase , or pocket wallet thereby making him or herself vulnerable to become a subject to thieves and pickpockets . But with the use of credit cards your money as safe and securify , and also you get the opportunity to carry billions and millions of Dollars or any other currency at all in just a single plastic card which only you have full access and full authority to .

And even if your credit card is stolen , the individual who might have stolen it have no access to your monetary assets unless he or she get the 4 to 5-digit random pin or code .

 

[Jasz]

Having a credit card can have many advantages, including:

Convenience: Credit cards make it simple and convenient to make purchases, especially when traveling abroad or shopping online.

Increasing credit: A positive credit history, which can be crucial for future borrowing needs like a mortgage or car loan, can be established through responsible credit card use.

Benefits and rewards: Rewards programs like cash back, points, or miles can be redeemed for a variety of benefits like discounts, travel, or merchandise with many credit cards.

Protection: Some credit cards offer additional benefits like extended warranties or purchase protection, as well as protection against fraud and unauthorized purchases.

Costs for an emergency: Credit cards can be used to cover unexpected costs like car repairs or medical bills.

Monitoring and budgeting expenses: It is easier to keep track of expenses and make a budget when credit cards provide a clear record of spending.

If used wisely and within one's means, having a credit card can overall provide financial flexibility and convenience. In order to avoid interest charges and potential debt, it is essential to pay the balance in full and on time each month.

 

[US Trading Exchanges]

Basically with credit card you able to buy everything you want legally