Credit Card Benefits
James Little
Credit Cards
Credit cards are have many benefits and can be used for many different things. Credit cards are used to access a line of credit, they are also used as a form of borrowing. This benefits you because it limits the amount of money you need to carry with you. Credit cards are also useful in emergencies, if you need to buy something you need quickly, credit cards are something you should consider using. Credit cards can also develop a positive credit history, when you pay your balances in full and on time each month, your credit history will be positively effected. Also, credit cards are much safer when you are shopping online. They are safer because they provide more protection against fraud than with debit. Finally, when using credit cards you will also get card bonuses. These card bonuses can include cash rebates, warranties, and airline miles.
Credit Benefits
Emergencies
Credit cards can be very useful in emergencies. You never know when you will need pay for something you need quickly or need money unexpectedly.
Online Shopping
Credit cards are a big help when you are shopping online. By using credit cards you are decreasing the chances of being a victim of identity fraud. This is known to be a big problem when using debit cards.
Card Bonuses
Using credit cards also have a lot of benefits. By using your credit cards you have the chance of getting cash rebates, airline miles, and warranties. Cash rebates are when you get a partial refund for a purchase which is paid in actual currency. When you get airline miles you will get discounts on the price to fly to areas you need, or want, to get to. Finally, warranties are a written guarantee that promises that the manufacturer will fix or replace an item you have bought from them.
Citations
Shore, Steve. "Do I Buy with Cash, Credit Card or Take out a Loan? - Day Air Credit Union." Day Air Credit Union. Day Air Credit Union, 03 Mar. 2015. Web. 29 Apr. 2016.
Finn, Kathy. "Trauma Fees: Independent Contractors in the Emergency Room Can Prove Costly for Patients - Baton Rouge Business Report."Baton Rouge Business Report. N.p., 09 Dec. 2014. Web. 29 Apr. 2016.
"Online Shopping Changed Our Retail Habits Forever | Retail News Europe."Retail News EUROPE. N.p., 24 Nov. 2015. Web. 29 Apr. 2016.
"Air Miles Credit Card Reviews." Top Ten Reviews. N.p., n.d. Web. 29 Apr. 2016