One can make easy money using credit card as there is no interest to be paid for specific period of time. Using debit card we can only spend money that we had in our account and we cannot exceed that amount if we are interested in buying more also. Credit cards are mainly used for online shopping as it is the easiest way of payment. We can also pay other bills using Credit cards. Whereas using Credit card we can spend even more money and make our wishes come true at that moment and can pay those credits later. Hence we always prefer to use Credit card in place of using debit card. We should also be careful in protecting Credit card details as fraud activities any also happen and someone else may also misuse your card.
Money Gaining Device:
- In some places we have to pay some amount and if we delay we have to pay double the amount. In such cases we have to use Credit card. Bank will pay required amount and later we can that to bank.
- Inspite of paying double the amount we can pay using Credit cards and thus Credit card became a money saving device. In most of such incidents we can use Credit cards and bank will pay for you.
- For all online payments and for all monthly payments we can use credit cards as they are very urgent and all the bills we have to pay at a time in the beginning of the month which may be sometimes very difficult to manage. In such cases Credit card will play a prominent role.