Today, many people make purchases using their Credit Cards. It is a convenient pay-back option, and the ease of use makes it indispensable to people’s lives. Thus, this card has become too widespread to ignore. Unlike the popular belief that people advise you against it, you can better pay using your Credit Card. To benefit from it, however, you should use your card responsibly.

So, if you are new to this, here are the top advantages of a Credit Card that make it lucrative among customers:

Pay with ease

You can pay quickly and conveniently using Credit Cards at several places. Just present your card at grocery stores, shopping malls, etc., and eliminate the need for counting cash when paying. You can also link your card to a digital wallet and pay using your smartphone. With this, you no longer need to carry your card everywhere.

Access easy credit

The primary benefit of this card is that it provides access to credit. This feature lets you use your card now and cover the costs of your purchases later. The money does not get deducted from your Bank Account. Hence, it does not dent your savings every time you use your card.

Pay in EMIs

If you want to make a large purchase without denting your savings, apply for a Credit Card. After you buy anything using the card, you can pay off your purchase in equated monthly instalments. This keeps you from straining your bank balance or taking a Personal Loan to pay for your purchases.

Avail flexible credit

A Credit Card comes with the benefit of an interest-free period. During this time, your outstanding credit does not accumulate interest. This period usually ranges between 45 to 60 days. It lets you avail of short-term free credit as long as you pay off the balance due by the payment date.

Build credit score

Opting for a Credit Card lets you build your credit score. Organisations, such as CIBIL, usually give this score based on how swift you are with your payments. Using your Credit Card and repaying your outstanding dues on time can boost your credit score. A good score also lets you apply for Loans easily in the long run.

Avail of various offers

Credit Cards provide several lucrative offers when you pay using them. For example, you may earn cashback and rewards, enjoy waivers and shopping deals, etc.

Travel with ease

Most Credit Cards offer a pleasant experience when you travel with incentives like free access to exclusive lounges at airports, extra luggage allowance, etc.