Other than providing the convenience of purchasing goods or services on credit, there are other benefits such as:
1 . Credit cards help establishing and improving your credit history as well as increase your credit score, if used responsibly.
2 . Credit cards are the safest way to purchase online. All credit cards guarantee $0 liability for unauthorized transactions. Also, in many instances, the only way to pay for internet purchases is with a credit card.
3 . Most credit cards offer rewards when you use them, actually earning you money.
4 . Credit cards are great budgeting and planning tools, providing a complete and detailed summary of your spending each month.
5 . Many credit cards provide additional benefits for free such as rental car insurance, extended warranty, price protection, travel assistance and travel protection.
If you’re ready to apply for a credit card, you can check out our Editors’ Best card picks. Hope this helps!
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