Merdeka.com – Currently, the use of credit cards is increasingly in demand by many people. Not only makes the payment process easier, credit cards are also considered capable of managing finances, if used wisely. The large number of credit card users makes the company or bank issuer offer various services on credit cards.
Launch from Investopedia, a credit card is a means of payment that serves as a substitute for cash. With a credit card, users can exchange for various goods or services purchased at places that accept credit card payments.
Compared to debit or ATM cards, credit cards are considered easier when shopping online. In addition, credit cards also offer a variety of promos that are profitable for their users. No wonder, nowadays many people are interested in using credit cards.
So, what are the benefits of a credit card for everyday life? Check out the reviews that merdeka.com reported from Investopedia:
Easier and Practical
 © 2012 Merdeka.com/Shutterstock/dean bertoncelj
The first benefit of a credit card is that it is easier and more practical when making payment transactions. With a credit card, you don’t need to carry large amounts of cash with you. Simply show or swipe the card, you no longer need to count change or write checks.
Maybe you are thinking, isn’t a debit card or ATM also easier and more practical, huh? Yes, both of these cards are non-cash payments. The difference is, if you use a debit card or ATM, your money in your bank account will be immediately deducted, while if you use a credit card, you can make transactions in installments.
In addition, credit cards are also more practical for paying for various online services. For example, you cannot pay for flight tickets in cash, so you can easily pay for them via credit card.
Many Promos
One of the benefits of a credit card is the number of promos offered. This also distinguishes a credit card from a debit or ATM card. Which shopping promos and rewards you can get more by swiping a credit card for a number of transactions.
There are many promos offered by credit cards, such as travel, lodging, to shopping. Usually, the promos offered are in the form of discounts, ranging from 10 percent to 60 percent for certain moments.
Provide Warranty
Almost all credit card issuing companies or banks offer protection and provide a guarantee or insurance. For example, if you have a problem or dispute surrounding the purchase of a product, you can directly contact the credit card issuer.
Manage Finances Well
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Another benefit of a credit card is that it can manage finances well. The reason is, every expense will be recorded automatically on the billing statement that you will receive every month. That way, this can make it easier for users to plan the output budget.
In addition, the benefits of a credit card are also being able to find out where most of the money is being spent and evaluate it at the end of the month. So, you can manage finances with a budget plan.
Make Online Shopping Easy
As previously mentioned, the benefits of a credit card can also make it easier to shop online. Simply complete your personal identity, such as username, credit card identification number, and code Card Verification Code (CVC), you can easily make payment transactions.
Can Be Used All Over the World
© Shutterstock.com / Dmitriy Shironosov
The next benefit of a credit card is that it can be used all over the world. With a credit card, you don’t need to exchange money into the currency of the country you want to go to. Just use a credit card, you can make transactions in various parts of the world.
Can be used in an emergency
Not only can it be used in all countries, the benefits of a credit card can also be used in an emergency. Through the cash advance feature, users can use unsecured fast loans. Even so, every cash withdrawal transaction will be subject to fees and there is also a limited cash withdrawal limit.
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Credit card illustration. © Shutterstock.com / Dmitriy Shironosov