To date, many still do not understand the benefits of using a credit card. Most people think that a credit card is one of the ways of coping with an ‘overweight’ lifestyle. Also, few people think they don’t need it and feel that using a credit card can interfere with your monthly budget planning.
There are several reasons why you should use a credit card. Credit cards will bring you a lot of benefits if you, as a user, use them for the right things.
Well, guys, in this article Good Finance will talk about the reasons why using a credit card is so beneficial. What is it? Check out the review below.
Improve Good Credit Checking
For those of you who don’t know, Good Credit Checking is a report issued by Bank Indonesia containing a customer’s credit or lending history to a bank, or non-bank financial institution.
Through this Good Credit Checking, all the forms of your loan and loan will be determined by how well your credit history reports are presented. If you have a good credit or loan history, you will find it easier to lend to your bank or other financial institution. So if you ever need a bank loan, recording your footprint as an active credit card used will be helpful. But remember, be a responsible user yes Dude!
Unlike cash, using a credit card will make it easier for you to make payments.
The credit card will be the most practical solution for any type of transaction. Start shopping at shopping malls, food, household needs and more. You can also use 0% installment to buy gadgets or electronic equipment online or offline.
Issuance of Record Explicitly
If you use a credit card for shopping or other transactions, you can easily keep track of your expenses because your entire expenses are recorded in a report so you can easily check them. So, you no longer need to create separate expense reports as they are automatically stored in your credit card database. With this expense report, it will be easier for you to do monthly financial planning and planning.
Paying Charges Regularly
You must have forgotten to pay the bill, right? Starting from electricity, water, telephone and more.
Another benefit of using a credit card is that it can help you pay your bills on a regular basis. All you have to do is sign up and enter your monthly billing information and then everything will be paid by credit card. Isn’t it easy?
If you travel abroad often, such as for work or vacation, another advantage of having a credit card is that it can be used as a payment tool in almost every place around the world. So you don’t have to worry about bringing in a lot of cash that is definitely riskier.
Facilitate Online Transactions
This virtual shopping experience is also one of the reasons why you should have a credit card, especially if you frequently buy products at an overseas-based online store or online store because foreign sites typically do not accept payments by transfer or by debit card.
In addition to shopping at foreign sites, almost all online shopping sites make credit card payments a priority, including offering low-interest rates or zero percent discount if you pay with a particular credit card.
Well here it is Dude, the reasons why using a credit card are so beneficial. With the many benefits offered, you can maximize the benefits of a credit card as long as you make sure you use it for the right things and become a responsible user.