You are in your early stage of creating a carrier and you have asked yourself. Do you really need a credit card? Well, in some countries this is a must thing to have especially in Western where almost everyone has one.
Having a credit card is really cool and it got a lot of advantages! Aside from you do not want to have cash on your packet there are far more advantages of having a credit card.
On this post I am going to list down reasons why you need a credit card. You don’t need an actual credit card to enjoy some of these benefits you only just need a credit card generator as you will have your own valid credit card number with complete details.
CASHBACK
A cashback credit card was first used in the United States and was very popular. To use this, you can purchase anything, and you will get 1% of the total amount you paid as a cashback. Now some credit cards offer you 2% or 6% on the total purchases. The right credit cards are the ones that charge minimum interest and give great rewards.
CREDIT CARD POINTS
Credit Card points should be correctly followed by the credit card holder to earn points. Some credit cards offer you different kinds of offers, like restaurants or online purchasing. If you reach a proper point of the amount, you can use the points for traveling and shopping. Some credit cards provide travel packages by winning points. Your credit card offers you many rewards. To find a suitable credit card for yourself, it is essential to know where you spend your money more. This will help you to find out what type of credit card you should apply for. If you are a traveler who loves to travel, you can apply for an airline’s credit card, giving you different offers, rewards, and discounts on your flight tickets.
PROTECTION
If you have a credit card, you are not required to carry cash with you always. It reduces the burden to carry money and helps in avoiding the loss of it due to pickpocketing. If your credit card is used by someone else who doesn’t know to use it properly, your credit card history will reduce even if it is not your fault. If your repayment is missing, your history will go bad, and the bank will charge you more interest. A good credit history results in less interest rate on the future loan.
TIME
When you pay money for anything with the debit card, your money will go instantly. And if you are paying with a credit card, your money will stay with you on the card. This helps you to save your money for some little time. If you are paying with your credit card, you will receive various types of offers, rewards, and discounts.
CREDIT SCORE
If you don’t have a good credit score, you can purchase anything from your credit card and pay back the amount at the right time. This will help you to improve your credit card history and your credit score. Some credit cards give you instant bonuses and cashback, depending on your purchase.
EMERGENCY TIME
You don’t have to stress yourself for anything because you have credit, which is useful during emergencies. It comes with protection, as stated in section 75. If you purchase anything and its fraud, you will be protected from these kinds of purchases and losses. You don’t know what’s going to happen in the future, so a credit card is an excellent choice for you.
INSURANCE
Many credit cards come with customer protection, like car insurance and another type of insurance. This makes it very easy and convenient for the account holder of the bank.
PAYING ONLINE
Now this one is the most big use of credit cards. Pay something online without handing cash! Just use your credit or debit card and the item will get straight delivered to your door step! Now, your cash might still be able to do this but that’s too much hassle!
In conclusion
Don’t get me wrong. You can get most of the thing above without having a credit card. You can have a good credit standing without having a credit card. You can pay an emergency without a credit card.
What credit card truly offers is convenience. It very convenient to not bringing cash while shopping. Not counting your money when paying especially if you are buying in huge amounts. That would be pain!