Using Payment Cards: Top 10 Advantages of

The benefit of Using Payment Cards: Top 10 Advantages of

debit card benefits

Using credit and debit cards provide a number of benefits that you can not get with cash or check. Credit cards do give a lot of advantages both discounts at restaurants, hotels, ticket purchases, department stores and supermarkets as well as the ease of payment. 

However if we are not careful in using it, we might preoccupation swipe a credit card without considering how much we have to pay bills.

Below are 10 key benefits of using payment cards:

1. Convenience - credit and debit cards offer a hassle-free shopping experience - without the need for cash - no checks - no other proof of identity requirements.


2. Security - Cash stolen can certainly be used by anyone. If you lose a credit card or debut, report it to the card issuing bank as soon as possible in order to be protected from unauthorized card use. However, every bank card issuers may have different policies, you need to confirm with your bank.


3. Emergency protection - Credit cards can help you to make payments in any kind of emergency. Like a security blanket that will provide protection in all situations.


4. Accepted Worldwide - Most credit cards and debit accepted worldwide. Compare with DAJ cash a check! Even if you need the cash, you can get local currency withdrawals through ATMs or banks around the world that accept credit or debit cards.


5. Recording Transactions More Simple - Credit card and debut gives you a record of all transactions each month, so you can keep track of where your money goes.


6. Consumer Protection - When you buy goods or services with a credit card, you can have protection if the product / service is defective or unsatisfactory, because the card issuing bank could intervene on your behalf in the event of a dispute. But if you have to pay in cash or by check, the merchant would not be too keen to make adjustments. Clearly Consult with your card issuing bank about a policy dispute with the merchant.


7. Additional Benefits - Many credit cards offer rebates, cash back, 0% installment or additional benefits that you will not enjoy the payment through cash.


8. Flexibility - Suppose you are in a shopping center and see an item on sale for a limited time. You do not have the money at the time, but do not want to downsize the opportunity, credit cards allow you to take advantage of discounts or special moments, and then you can pay in full the bill later.


9. Budget setting Easier - With credit cards, you can plan to make large purchases and then pay it all at once or in stages according to your ability.


10. Essential Elements for shopping transactions via mail, telephone and internet - credit or debit card is very important for booking airline tickets or hotel rooms. When you travel abroad, the credit card is a universal guarantee your ability to pay. Credit or debit cards also simplify and accelerate the process of shopping by mail, telephone and online.