MyCardBlog

ost of Americans have at least a credit card on hand. Although they are enjoying the benefits that are brought from using credit cards, it seems there are a lot of complains about credit card issuers. Are they really doing very badly? Or just because they can’t reach our consumers’ expectations? Anyway, a credit card is a must for all of us. There are top 10 reasons to have a credit card as I adapted from http://www.0-apr-creditcards.com. I like this post very much. I just list 4 of them for your reference.

1). Boost Your Credit History and Score
Getting a credit card will help you to establish and improve your credit history, as well as increase your credit score. Your credit score can affect a wide range of payments, and the better your score, the less you will have to pay. A high credit score may mean you pay an interest rate several points lower on a mortgage loan than the rate someone with a poor credit history would pay; this can mean thousands of dollars in savings over the life of the loan.
The same is true with an auto loan. A good credit score can mean paying less on many insurance products, such as homeowner’s insurance and auto insurance. It can even be the difference between getting a job or not, since many employers now pull potential employees’ credit scores and eliminate those with poor credit histories.

2). Internet Purchases
Having a credit card can save you money on the items you purchase. Some of the best deals available are now found on the Internet. In many instances, the only way to pay for these Internet purchases is with a credit card. If you don’t have a credit card, you may have to pay more for the exact same thing you could have purchased online, not to mention the extra cost of driving to get the item.

3). Emergency Money
A credit card provides you with instant access to money in case of an emergency. Most of us carry around the amount of cash we believe we will need for one particular day and not enough for an emergency. If you’re away from home and get stranded late at night and need to get a hotel room, you don’t have to worry about whether you have enough cash on hand. A credit card can provide an instant solution to paying off many unexpected expenses until you have the time to transfer the money from your bank account.

4). Rewards
There are many credit cards that provide a reward when you use them. This can be anything from cash back to travel points good for free airline tickets. By using a credit card that gives you an award, you can actually earn money.

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