1. TOP 10
REASONS
TO GET A
CREDIT
CARD
Many people are scared by the idea of getting a
credit card. However, if used responsibly they
can offer a lot of benefits.
2. 1. Fraud Protection
Credit cards tend to offer
very good protection
against fraud. Most
companies have fraud
prevention departments
which look for tell tale
signs that someone’s
account is being accessed
illegally.
2. Emergencies
Most of us tend not to
carry a lot of cash on us.
However, life occasionally
throws up situations
where having access to
funds can make a big
difference.
3. 3. Lessening the impact of loss/theft
If you’re robbed or lose
you wallet it’s unlikely
that you’ll get any of your
cash back.
However, lose a credit
card and most companies
will send you out a new
one without it costing a
penny.
4. Booking things
If you want to book a
hotel room or hire a car
it’s common for
companies to only accept
credit cards.
Having a credit card may
mean that you don’t miss
out.
4. 5. Boosting Credit Rating
Having a healthy credit
rating can be a major help
at some points in life.
Especially if you want to
take out a loan or get a
mortgage.
Having a credit card and
managing it well can give
your credit rating a boost.
6. Rewards
It’s common for credit
cards to have bonus
schemes which reward
customers for using their
cards.
Sometimes it’s even
possible to get rewards on
top of other deals such as
offers on 0% credit cards.
5. 7. Buyer Protection
Most credit cards offer a
degree of protection if
you have ordered
something and it never
arrives e.g. the business
that sold it to you goes
bust.
8. Convenience when travelling
Credit cards are one of the
most hassle free ways to
pay for things abroad.
Many companies even
offer cards which are
particularly suitable for
frequent travellers.
6. 9. Keeping track of your spending
With a credit card you get
a detailed statement of all
your spending on it.
This can be really useful
when it comes to figuring
out your expenditures and
budgeting.
10. Insured purchases
Many credit card
companies automatically
insure purchases against
loss or damage for a
limited amount of time.
This could come in very
handy if you bought a big
new TV and dropped it on
the way home.
