Financial transactions through credit cards are common in today’s time. Credit cards are increasingly being used for all kinds of purchases.
This is a feature that can be very beneficial if used wisely. From movie tickets to car purchases, or shopping, you can easily do that with a credit card. Let us know about the benefits of credit card which is beneficial for you.https://en.wikipedia.org/wiki/Credit_card
What is the Credit card Number :-
The credit card number which is in front of the card which is of 15 or 16 digits, which we can do in online shopping. In which your name is mentioned. If your credit card is lost, you can get another new card issued.
Easy way of payment Thru Credit card:-
- Your payment is done on swipe through credit card. You don’t need to count cash or cut checks. If you have a credit card in your pocket, then you do not need to carry much cash.
- If you want, you can link the credit card with the digital wallet. Through this, now without a card, you can scan the wallet and pay.
Benefits of Credit card :-
- The biggest advantage of a credit card is that when you make a purchase through a credit card, you get a grace period between the purchase and payment. No interest is charged by your bank during this period.
- This grace period can also be from 18 days to 55 days. If you suddenly need money, you can meet that need through a credit card and return the money to the bank without interest before the completion of the grace period.
- Transaction done with credit card is a kind of loan. Which also prepares credit score by using your credit card properly.
- You get loans easily if you have a good credit score Credit cards are a cheap and convenient way to build a credit score. Apart from this, credit card holders also get pre-approved loans easily in case of emergency.
- You also get a lot of benefits on the credit card. Like in today’s time, term insurance or accidental death cover is available on almost every bank’s credit card according to its category. There is no need to pay any premium separately for this.
- On using the credit card, you get the benefits of reward points, gift cards, vouchers, discounts and cashback. In this way, your purchase is done at low prices. Apart from this, fuel surcharge is not required to be paid on payment of fuel through credit card of many banks.
Tips of Credit Card Safety :-
- Keep the credit card with you, do not share the details of the credit card with others.
- you don’t have to make your pin easy.
- PIN should be changed from time to time.
- You should not click on any suspicious links.