What Are the Advantages of Having a Credit Card?
PAYING FOR PURCHASES with a credit card can offer many advantages if you can commit to spending only what you can successfully pay off in full each month. In fact, many of the advantages credit cards provide can save you money in the long run. Some common advantages of having a credit card include: Paying for purchases over time Convenience Credit card rewards Fraud protection Free credit scores Price protection Purchase protection Return protection Extended warranty coverage Travel benefits Paying for purchases over time. Credit cards give you the ability to pay for a purchase using your card today and pay off your credit card balance on a future date. Most issuers offer a grace period where you don't have to pay any interest charges. Typically, this grace period lasts from the date you make your purchase through the end of the billing cycle during which the purchase was made and ends when your payment is due. However, if you're carrying a balance on your credit card