A credit card is an ultra-modern means of payment for goods and services. However, many are still suspicious of this loan product. High interest rates, commissions and additional payments for the issue and annual maintenance of the card scare potential customers. But there are also positive aspects that make the credit card a valuable financial instrument.
Instructions
Step 1
The owner of the credit card can always get cash quickly and easily. You can use a credit card anywhere in the world. A credit card is a reserve of money that helps to avoid a cash gap in the family budget.
Step 2
Having issued a credit card once, there is no need to visit the bank again to reissue the loan. You can use the card without restrictions during the entire validity period of the card.
Step 3
The main purpose of a credit card is non-cash payment for goods and services. You can make purchases with a credit card not only in stores, but also on the Internet, as well as pay for utilities. Using a card is more convenient than using cash, it takes up little space and you don't need to take a wallet with you with you.
Step 4
The main advantage of a credit card is the grace period. During the grace period, the bank does not charge interest on the issued loan. Within 50-60 days, depending on the bank in which the card was received, you can use the money without interest.
Step 5
With the help of the Internet bank, you can monitor all card transactions yourself, follow the payment schedule and choose the amount of the loan payment. The mobile banking service allows you to control your account balance.
Step 6
With a credit card, you can not only spend money, but also earn. The presence of Cash back on the credit card allows you to receive rewards in the form of bonuses, miles and money. When paying for purchases and services, part of the spent funds is returned back to the personal account of the cardholder.
