What are the benefits of using a credit card?

Question

Accepted Answer

Credit cards offer convenience, rewards, and protection for purchases.

Credit cards allow for easy and secure online shopping.
Many credit cards offer rewards programs, such as cash back or travel points.
Credit cards provide protection against fraudulent purchases.
Using a credit card responsibly can help build a good credit score.
Credit cards can offer additional benefits, such as extended warranties or purchase protection.
For example, using a credit card to book a flight can provide travel insurance and trip cancellation coverage.

Accepted Answer

Easy access to credit. The biggest advantage of a credit card is its easy access to credit. ...
Building a line of credit. Credit cards offer you the chance to build up a line of credit. ...
EMI facility. ...
Incentives and offers. ...
Flexible credit. ...
Record of expenses. ...
Purchase protection. ...
Minimum due trap.

Accepted Answer

Easy access to credit. The biggest advantage of a credit card is its easy access to credit. ...
Building a line of credit. Credit cards offer you the chance to build up a line of credit. ...
EMI facility. ...
Incentives and offers. ...
Flexible credit. ...
Record of expenses. ...
Purchase protection. ...
Minimum due trap.

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