That’s the question my friend Tina throws at everyone who believes in this plastic money.
Sadly, no one has been able to persuade her to get one. In fact, her ignorance is often criticized and she is mocked for belonging to the last century where nothing could beat good old cash.
Things changed when Tina faced a crisis recently because she did not have enough cash in her account. She had to call me from miles away to take care of this task for her. Guess what? I used my credit card to make the payment and it worked perfectly. This was the start of a new day for her. She started to look at plastic money differently and seriously wanted to know what she was missing on by not having a credit card. Here’s what!
# Saviour during emergencies
It is practically impossible to have enough cash for every transaction, especially for unplanned ones. Credit cards come handy and smoothen your shopping experience. Another great feature of credit cards is that you do not have to pay up the money immediately like you do with debit cards or cash. Most banks permit a grace period of upto 50 days to pay back the money.
# Better your Credit Ratings
Unless you take credit, how can you place yourself as someone who can be trusted with lenders? Sensible usage of the card will make you a trusted customer with vendors and not only that, it might help boost bad credit score from the past too.
# Who doesn’t like Freebies?
Credit Cards offer a range of perks to their members - attractive reward points, cash back and also easy EMI options. So you can shop till you drop and get freebies. Win-win situation, isn’t it?
# Better Safe than Sorry
Credit cards in a way, offer safety for your money. After all who wants to walk around with chunks of money for various transactions. It’s unsafe.In case you are worried about your credit card being used fraudulently, usually the bank will take care of the fraud and you would not be held accountable for any charges.
# Keep a Tab of Expenses
If you can’t stick to your budget, a credit card can be your go-to solution. The expenses laid out on the credit card statement help you keep a tab on your spends. Some of these cards offer categories for you to group the expenses suitably.Of course, you need to be sensible about using your card without running wild. And if you do, you may be able to enjoy all the good things that come with credit cards.
Tina realized how having a credit card can work well for her and she cursed herself for not listening to me sooner.
Tina and I got ours from 5nance where they offer a range of cards suiting various requirements. 3 steps and you can have your very own credit card. Embark on your cash free journey today with 5nance.com.
