I have been using credit cards for more than 15 years now, and in my opinion, there are some real advantages of credit card. The only condition being, the credit given be repaid promptly.
Credit Card Benefits:
- Easy Credit – Initially get a credit card you will have to go through application and documentation process. Once you get a credit card, based on you credit limit, you get easy access to credit. So you do not need to go through any documentation once you get your credit card, you just need to make sure that you pay your credit card bills on time.
- Plastic Money –
- Decent Credit Period –
- Status Symbol –
- Easy EMI options –
- Reward Points –
- Emergency Funds –
- Source Of Investment –
- Credit Score –
- Applying for new credit card
Above are some of the benefits of using a credit card.
