- Help build a healthy Credit score – Responsible credit card usage helps establish and improve your credit history, enabling access to better financial opportunities in the future.
- EMI Facilities – Credit cards allow you to convert large purchases into manageable monthly installments, making it easier to afford expensive items.
- In build grace periods – Credit cards often offer grace periods, giving you time to repay your balance without incurring interest charges.
- Protection from unauthorised purchases– Credit cards come with fraud protection, ensuring you won’t be liable for unauthorized transactions.
- Track your spending – Credit card statements provide detailed records of your expenses, aiding in budgeting and financial planning.
- Reward Programmes – Many credit cards offer reward points, cashback, or discounts, providing benefits for regular card usage.
- Sign on bonuses – Some credit cards offer enticing sign-up bonuses, such as reward points or cashback, for new cardholders.
- Cards are universally accepted – Credit cards are widely accepted worldwide, allowing convenient and secure transactions in various locations.
- Use the right card for the right purchase – Different credit cards offer specific rewards or benefits for various spending categories, maximizing savings.
- Balance Transfer – Credit cards may allow you to transfer balances from higher-interest cards to lower-interest cards, helping reduce debt burdens.