For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

6 Reasons Why You Should Have A Credit Card

|

Some individuals avoid owning a credit card for fearing that it will increase their debt and non timely payment of bill or whatever may be the reason.

Yes, credit card can be dangerous if not used wisely and can put you in deep trouble if you miss some payments. However, this can be managed by disciplined shopping and by making payments on time.

6 Reasons Why You Should Have A Credit Card
 

Shopping using credit cards will help you earn cashback points, discounts, with easy EMI options.

Here are 5 reasons which will allow you consider owning a credit card:

1) Cash back

Many credit cards companies have tie with brands and e-commerce industries where you will be entitled to get cash back offers if you swipe your credit card.

2) Reward points

Along with cash back, individuals can earn reward points and can be redeemed after the sufficient amount is accumulated.

3) No cash hassle

No worries of carrying huge cash. Using credit card need not worry about the balance in the account as the credit card limit will allow you to purchase higher amount than your debit card.

4) Credit Score

Using credit card will help you build a credit history.

5) Monitor Finance

Credit card statement can help you track you expenses and your financial activities.

6) EMI

For any expensive things, individual can avail EMI option. There are many products which you can avail on zero per cent interest.

Conclusion

Owning just any credit card will not help unless the card is right for you based on you life style. There are variety of credit cards available in the market based on the earning income and spending habits. Make sure you have the right card and which will serve the purpose.

Goodreturns.in

Read more about: credit card
Story first published: Saturday, February 13, 2016, 11:00 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more