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What is benefit of credit card?

Updated: 9/23/2023
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10y ago

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The benefit is being able to purchase something you can't afford.

I will go ahead and add this though, since other people will likely comment on it: most of the time, if you can't afford to purchase something without putting it on a credit card, you should evaluate whether or not you should really purchase the item. Credit cards are great for unexpected expenses like car repair, but most people simply use them to purchase things they don't really need and can't afford, and that is what generally causes financial problems.

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10y ago
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Q: What is benefit of credit card?
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With a debit card you can only use money that you put in a bank and with a credit card you are using the money from the credit card company which can lead to bankruptcy if you are not careful.


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Where can a person find a credit card payment calculator?

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