Pros Of Credit Cards
There are many people who love using credit cards for their transactions because of its ease. While others feel using credit cards can put you in debts that can be difficult to get out of. Whether you like it or not, every now and then there comes a situation where we have to decide whether or not to use the credit card. Before you decide it is advisable to go through a few benefits of using credit cards.
1) Postponed Payment: Credit allows us to buy things on credit when you are not able to pay for the goods or services immediately. When you use your credit card you can choose to settle the credit card amount later when the payment is due. All the credit cards offer an interest-free grace period, which gives you a chance to settle the amount without any extra charges.
2) Payment Protection: Credit cards provide protection for transactions that did not work out in your favor. For example, you buy something with the credit card to find that the item is defective. You can contact the credit card issuer if your card has return guarantee and you meet all the conditions of refund, your credit card issuer might give you the refund on the purchased item. The credit card can also offer you protection on rental cards against theft and vandalization.
3) Simple to use: Making payments using a credit card is very simple. You can use your credit card for doing transactions from your computer or laptop without having to visit the actual location. Almost all online shopping sites and similar other places provide credit card payment option and you can do almost every transaction using the credit card. The credit card providers send you details of the credit card transaction along with a deadline to pay it and charges if not paid within the deadline. Hence it is easy to track all the transactions and pay them back.
4) Emergency option: Credit cards can be used to do the transactions when you do not have enough funds during an emergency. This can give you an option to cover your expenses without worrying about the cash in hand. It is one of the fastest ways to gather funds when needed.
Another way of doing transactions without using the actual cash is by using the newly invented cryptocurrencies. You can trade these currencies for many goods and services. Refer the link to read more about Ethereum Code.