Saturday 1 March 2014

THE CREDIT CARD ADVANTAGE

> Helps budget expenses (provided we pay our bill on time)
> Useful in tracking expenses as the lender sends a monthly statement listing things that you have spent on
> Extra insurance for air travel, free car insurance and extended warranties on certain items bought on the card
> Redemption of reward points
> The free-credit period gives one enough time to pay up
> Relief from carrying cash
> Redemption of reward points
> Cash-back, frequent-flier miles and other rewards. Credit card companies also tie up with retailers to offer discounts to customers

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