What is a Credit Card?
A credit card is basically a payment card that is being issued by the bank to the users to enable the cardholder to do the payment for the good and services anytime and from anywhere. The concept of using the card for doing payments for purchasing goods was described by Edward Bellamy in the year 1887 in his utopian novel named “Looking Backward”. In this Novel, Bellamy used this term credit card for total eleven times.
Credit Cards are very useful and they had made the livings very easily. Almost every person has a credit card today because of the Different perks it has. So here are some of the reasons that what do need a credit card
Easy to Handle and use
Credit Cards provides the complete peace of mind and are very easy to use and handle. It is user-friendly and provide the customer protection also like if any of the purchase is faulty or is not the same as per shown then your credit card provider or the retail will do all the financial compensation
Easy to Give And Take
It makes it very easier to give and take also there is o cheaper way to borrow anything than with the right credit card. If any of the people really want to clear the existing debt or need to build up the new debt than he or she can easily borrow the interest-free for well over the year with the credit card that always offers 0% on the purchases.
Best way to pay
Credit Card is considered to be as the best way to do all the payments and there are some of the companies that accept only credit cards while taking up the payments. With the Help of Credit card, you can easily do the payment anytime and anywhere with an ease.
Credit Cards provide the full protection to your money. As in case you lose your wallet with full of cash, there is no chance at all that you will see your wallet Again but if you lose your credit card you can block the usage of the card from the credit card provider and all your money will be safe. Just remember one thing never right the special pin code o your card as in case your card is lost any one can take out the money by using that pin code.
Some Credit Cards provide the free purchase protection for the short period after you buy the credit card. It is the best thing that you will get your entire money back if you lose the product within a given period of time which is usually of 90 days.
Easy to Uses in Abroad
You can use your Credit card in abroad also without paying any of the other charges. So these are the Basic Reasons that why in today’s world credit card is safer and convenient than carrying a huge amount of money.