6 Undeniable Advantages of Credit Cards versus Cash
I am not telling you to become a credit card addict, but if you are a denialist of them, you need to read this article to see that credit cards are not as evil as you have been told to. They possess six evident advantages over cash and none can deny them. I invite you to discover them right below!
1. You Do Not Have to Carry Cash
This is an evident advantage, especially during these times that are so dangerous. Being robbed is one of the worst things you can experience, however, thanks to your credit card; you do not have to face that faith. Walking with a credit card will make you feel much safer and confident than walking with lots of money in your wallet. Think about it and see the clear advantage here. That is why many persons in Thailand have started to get cash cards as Umay+, because they feel much safer that way. It is important to note that credit card use is rising in Asia, but there is still a long way to go. However, in develop countries as Thailand and Singapore, this adoption is growing at a much faster rate.
2. Automated Billing Makes Your Life Easier
With your CC you can automate many payments, be it for your phone, car insurance, cable and more. It helps you to save tons of time, because you do not have to go and pay these bills one by one. If you want to make your life easier, then get your own credit card and start automating your bills!
3. Who Does Not Love Flyer Miles?
Several credit cards include this amazing feature. If you love to travel, then you will be happy to know that you can earn miles from using your CC, and that is amazing. On the other hand, you can opt for cash-back, which brings you free cash to spend on the things you love the most.
4. It Builds Your Credit Score
If you want to have an easier time getting a loan, mortgage and all in all an advantage in the financial system, then you need to start using your credit card for building credit. It will give you a favorable position when negotiating a goal and it will even help you to get cheaper prices for your insurances. Therefore, as you can see, it is an important financial tool.
5. You Are Insured
With a CC, you are insured and protected against fraudulent transactions, and you cannot say the same about cash. Therefore, if you want to have plenty of peace of mind knowing that your transactions are protected, then you know what you need to do.
6. Points and Rewards
You can get plenty of rewards for using your credit cards. Points are another cool incentive to do so, because you can trade them for products, services or discounts. Therefore, if you want to get access to these exclusive benefits, then start using your CC!
Conclusion
These are the advantages we were talking about. Now that you know about them, doesn’t it sound like a good idea to join the club? Use it responsibly and you will get plenty of benefits!