More than a billion people around the globe use some kind of credit card. There are over 2 billion cards issued and used by their owners. Trillions of dollars are in circulation thanks to credit cards. The economy is growing steadily because of their existence.
Why people love credit cards is not a mystery. Some people are confused by the fact that users only lose by paying with them, but everyone that ever owned one will tell you that aside from the negative sides, there are also benefits that shouldn’t be ignored.
These benefits are the reason why so many people applied for one. Americans are the most satisfied users of all. They have four of them in their wallet on average. Some Americans even have more than 10, which they use in different situations and for different needs.
In this article, we’re sharing some information on the famous kredittkort, and we will explain why people love having them in their back pockets. What are the reasons to apply for one and what are the main benefits coming from owning a credit card? Follow up and see what we have prepared.
1. They provide the necessary safety
Some banks and card issuers will give you a debit card when opening an account in their company. You don’t want the debit card. This option is for those that hold only a small amount for emergencies or when they have their main payment option lost or forgotten.
What you need is a credit card because this is the safest payment option there is. When you have your kredittkort stolen or hacked, the money on the account will stay intact. It doesn’t mean that hackers can’t get them – of course, they can, but the account comes with a lot of insurance protection that will get your money back.
The hacker may steal everything, but the insurance company that is obliged to protect the funds will get them back. You’ll be able to use them in no time again, and the police will then track down the thief without involving you whatsoever. The bank will show the evidence, and you can go on with your life as you did before.
2. You get to win rewards by using them
One of the reasons why people love using credit cards the most is the fact that they offer a lot of fun and a chance to return some of the spent money. All cards have particular rewards for spending more money with them. Learn more about rewards here.
Depending on the type of card and the personal company policy, these rewards may be more or less interesting for you. This is why everyone interested in one should pay a lot of attention when getting it. You don’t want to get something that you’re not going to find benefit whatsoever.
What does this mean? It means that you can get one that offers rewards for flying frequently with a plane or staying in particular hotels or eating at some of the restaurants placed in the offer. Doing this will get you rewards. These rewards mean enjoying services without spending money.
There’s another option when rewards are in question, and that’s the cashback option. The cashback provides pure cash back in your account for spending on particular products or paying in specific stores. With this option, you get money directly on your account by spending on the stuff mentioned in the agreement.
3. The grace period payment is an amazing feature
When you pay for a product, you always have the option to pay with a grace period. That means paying without being charged with the interest rate and only manage to return the money on the account before the next billing cycle takes place.
For this, you need to know when the next billing cycle is going to happen. If it occurs on the first of every month, that means you can get something more expensive on the second, return the money in the next 29 days, and you’re not going to be charged with interest.
What’s also amazing about this feature is that you can always return the goods without being charged anything, regardless of the sellers’ policy. This can be done by withdrawing the money back when you decide that something’s wrong, and letting the vendor repair their mistake. If they don’t, the money stays on your account until they decide to do something about it.
4. Nothing’s better than knowing you’re covered in all situations
You can have an income that’s higher than the average, but you’ll never be sure that you’re covered at all times if you don’t have a credit card. This piece of payment tool is going to keep you safe and secure at all times.
Whenever you need the money, you can get them from the kredittkort. The limit on it is usually at least a couple of paychecks more than you get per month, which means that if something happens and you need money urgently, you’ll be able to get them without waiting. You have them on the card immediately.
This is why you need to get your credit score in order and be sure that you are eligible for a deeper limit. The more money you have on the card, the more secured you’ll be. Without worrying that you don’t have money on your account, you can always take risks in life. Even if your health is in question, be sure that the card will cover the intervention in the ER.
5. Chance to do a loan refinancing
A lot of people use the option to get a new credit card to cover the old debt. Loan refinancing is a standard procedure and a lot of people do it. You just need to know how to do it right. If you’re interested, take a look at http://www.kredittkorttest.net and find some affordable options.
When you’re thinking about this option, it’s crucial to know what you’re aiming at. Not all credit cards are the same and not all of them have the same features and benefits. Some are made specifically for this need, which is why you need to do thorough research before choosing.
In any case, if you pick the right one, refinancing is too easy. The funds on the card are going to cover the rest of the debt, and the bureaucracy will be handled by the employees in the bank. That’s why people love this option when they need refinancing.
If you’re thinking about getting a new one or getting more than one credit card, then you’re thinking straight. You now realize why people decide to get more and how every one of them has different benefits than the rest out there.
Unlike debit cards, there are lots of benefits from owning a credit card. It’s not the same as some people think. Yes, they do look identically, but the features of the second one are much more powerful than any other payment tool out there. If you hesitate, feel free to get one now.