A credit card is an ultramodern means of payment for goods and services. However, until now many are suspicious of this loan product.
Large interest, fees and additional payments for issuance and annual maintenance of the card frightens potential customers.
But there are also positive sides that make a credit card a valuable financial tool.
A credit card holder can always easily and easilyQuickly get cash. You can use the credit card anywhere in the world. A credit card is a reserve of money that helps to avoid a cash gap in the family budget.
Once having issued a credit card, there is no need to re-visit the bank to re-issue the loan. You can use the card without restrictions during the whole period of the card's validity.
The main purpose of a credit card isNon-cash payment for goods and services. You can make purchases with a credit card not only in shops, but also on the Internet, as well as pay for utilities. Using a card is more convenient than cash, it takes up little space and you do not need to bring a purse with money.
The main advantage of a credit card isGrace period. During the grace period, the bank does not charge interest for the loan. Within 50-60 days, depending on the bank in which the card is received, you can use money without interest.
With the help of Internet Bank you can monitor for yourselfAll operations on the card, follow the payment schedule and choose the amount of payment for the loan. The mobile bank service allows you to control the balance on your account.
With a credit card you can not only spendMoney, but also to earn. The presence of Cash back on the credit card allows you to receive a reward, in the form of bonuses, miles and money. Paying for purchases and services, some of the spent funds are returned back to the personal account of the cardholder.