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Generally, people are moving toward more electronic means of payment instead of paper money, but these are not limited to credit cards.

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14y ago

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Why the credit card harmful than cash?

Many consider credit cards are more harmful than cash because with credit cards, it is very easy for people to be heavily indebted. Also, many people are becoming victims of credit card fraud.


What credit cards offer cash back?

Some credit cards that offer cash back include Bank Americard Cash Rewards, Blue Cash Preferred from American Express and Chase Freedom Visa. You can get more information about these cards and apply for them online at the Credit Cards website.


Why do businesses honor credit cards?

Because they want to sell things or services to people. If you do not have cash but have a credit card, you buy more things.


What is cash budjet?

A budget where you only use cash when you make purchase. No credit cards or debit cards. This allows you to not spend more than you have. Thus, it prevents you from getting into debt. This is ideal for people who are on a budget.


When is cash is more convenient than credit?

There are lots of transactions for which cash is more convenient. Not all stores even accept credit cards or have the necessary equipment to process credit card transactions. Lots of people work on a cash basis as well. Aside from cash and credit cards there are also checks, which are good for paying bills, but not everyone will accept a check because checks may bounce. Many restaurants carry a sign which reads "In God we trust; all others pay cash."


How can credit cards provide more security compared to cash transactions?

Credit cards can provide more security compared to cash transactions because they offer fraud protection, encryption technology, and the ability to dispute unauthorized charges.


Which are the best low interest credit cards?

The best low interest credit cards include CapitalOne Venture One Rewards and Blue Cash Everyday from American Express. You can learn more about low interest credit cards at the Credit Cards website.


Where can I find more information on restaurant credit cards?

You can go to the following website to learn a lot more them http://www.moneybluebook.com/the-best-restaurant-credit-cards-offering-cash-back-and-rewards/


Why should you use cash more then credit cards?

Cash can be used at more stores, and you dont collect debt if you pay purely in cash, as your not giving away hypothetical money


Are there any credit cards available for people with bad credit?

There are credit cards available for people with bad credit. Secured credit cards are more suited for people with bad credit and are likely to be the only ones they will qualify for. Capital One offers a Secured MasterCard which is available for people with bad credit.


How credit card used in the future shopping?

Credit cards are going to be used more and more in future shopping. Many places are not going to want to deal with cash.


What sort of services can be accessed with bank cards?

Bank cards, or credit cards, are typically used to transfer cash between two parties. Consumers often carry credit cards, which is more convenient than carrying several bills on one's person.