Why You Should Get a Credit Card.
The consumerism process changed with the introduction of credit cards. However, you should remember that using them carelessly will cost you highly. Nonetheless, when you get the hang of it you will enjoy their convenience and even rewards. One of the merits of using credit cards is that they take responsibility for liabilities. If you paid for an item and the merchant did not deliver or he or she overcharged you, reporting to the card provider will see you get back the money you had lost.
There is zero liability in the event that you are using Mastercard, Visa as well as Amex. If you are yet to get a credit card you should not delay in applying for one given what you are missing out on. In addition, you will enjoy interest-free lending if you apply for a credit card. This is arguably the cheapest way you can borrow money. You can even use the credit cards in paying for existing credit card debt.
Credit cards do not charge anything when you want to transfer money. There are low-interest credit cards that will not be too hard for your pocket. There are reward points you earn by using the credit cards. You get to decide whether to apply for cash back or use the points to book a flight. This is just like winning free money which is worth it.
Also, with credit cards, you will be protected fully for free. When you going out of the country you will need insurance and you may have to pay for extended warranty insurance, car rental, accidental death, baggage, trip interruption and also trip insurance. You can rest easy about this when you have gotten a credit card. The credit card companies usually offer these services at very low rates.
As much as the rewards are great, they cannot hold a candle to the insurance benefits you will get from the same. This is not something you can get with the use of debit cards. If you wish to build your credit history you should also be using a credit card. People who have a high credit score pay less when it comes to buying properties or even obtaining items on credit. These benefits are too huge for you to throw away.
When it comes to changing currencies it can turn out to be a costly endeavor in the event that the merchant does not offer good rates but with credit cards, you are assured of better rates all through. For those in business, this is quite essential because of the benefits they stand to reap.