The advantages of a credit card?

Answer 1

While credit cards are often seen as the cause or vehicle for financial problems for many people (and in many ways they are), if used correctly they can be a valuable tool. Credit cards allow you to build and maintain a credit history, and allow you to make purchases or reservations you might otherwise be unable to make. For example, many hotel or vehicle rental companies require a credit card, as do online retailers. Credit cards also allow you to carry purchasing power in much safer fashion than carrying cash. Many cards offer excellent fraud protection, which makes their use better for situations where fraud on your checking account would cause serious short or long term financial problems.