The benefits of a credit card are enormous. They offer you the flexibility of spending and paying at a later date.
Fat wallets are obsolete. People today prefer thin, plastic cards which can be carried around conveniently.
Moreover, cash can be easily stolen or lost. And, you can never retrieve the lost money again.
On the other hand, credit cards are hassle-free. Even when a card is stolen, there is no fear of losing money.
All you have to do is call up your credit card company and report the lost card. It will be replaced in a few days.
The companies provides information about the credit cards offers and discounts, credit cards rating and credit card reviews.
Hence, companies offer incentives and discounts on cards to stay ahead of competition.
The incentives can be in the form of credit points that can be redeemed for other purchases.
