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My latest Investopedia article,
10 Reasons to Use Your Credit Card, explains why paying with credit over debit or cash doesn't have to be a bad thing. Credit cards offer perks like signup bonuses, cash back, investment rewards, frequent flyer miles, and points that can be redeemed for a variety of items like gift cards and travel. Credit cards also offer increased safety, a grace period to pay for your purchases, universal acceptance and help you establish credit. Of course, all of these benefits assume that you pay your balance in full and on time and don't carry a balance that you have to pay interest on.
Click here to learn more about how credit cards can help you as well as a few exceptions that make it better to avoid them.
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Post by Amy Fontinelle
Comments
I'm learning a lot from your writings about credit cards, savings el al. What a flawless, apt and candid way of writing, which I very much like. And I therefore decided to be in your good books of great fans.
Keep up the good work, and I remain with best regards.