What would you do if you didn’t have any money? You’d get a job, right? Of course, but in times like these, it seems like no matter how much you earn, there’s always a need for more. There’s always a need to get something else done, or something else bought to make your life better.
We all need just a little more sometimes. In these moments of life, when the need for something is bigger than the amount of money we have on our accounts, there’s the credit card. Popularly also known as the kredittkort, it’s the only item that can save us from staying sad that we can’t get an item.
Everyone has one today. In some countries around the world, like the US, credit cards are extremely popular and people usually have more than one. Depending on the needs they have, they’ll get one or another for different reasons.
If you think that you need a credit card in your life too, then you’re probably right. If you’re not sure if what you’re thinking is entirely justified, then we’re here to convince you. In this article, we’re talking more about the kredittkort and why you need to get one. Keep up if you want to know the five main reasons why you must apply for one today and start using it as soon as you can.
1. You are financially secured at all times
The best thing about credit cards is that they are filled with money ready to be used whenever you need them. That makes you financially free and secure at all times. No matter what happens in your life, you’ll always have the money to cover the problem.
What is more important is the feeling of security. You feel safe and happy knowing that there’s always someone caring for you. You don’t have to worry about whether you’ll be safe in given situations, but the card is always there in your wallet to provide security.
You may end up in the hospital after an injury and you don’t have to worry about it. The price is not going to surprise you because you know it’s high. The insurance company will surely not cover everything, so you must be the one that will provide the money.
The same goes for other events like planning a birthday party or going on a trip that you didn’t calculate how much you’ll need. These are the issues that are real problems in people’s lives, and the credit card is the only thing to provide the answer.
2. You get to pay with a grace period
The grace period is a great financial option for ordinary users. It is a way for people to handle the payment of particular products in a way that they are not going to pay an interest rate for them. You might be wondering how is this possible, but be sure that it is with the grace period payment.
The grace period, by definition, is the inside time zone between two billing cycles that the financial company will make on your card. Every time you spend money on something, you get charged with interest, but this amount will not be charged until a particular date the next month.
That means you can spend as much money as you want inside this period and if you return the money until the next billing cycle, you’re not getting charged interest. If the cycle is longer than a month, that’s great, you can even afford highly expensive items paid with your credit card without having to pay interest for it.
It’s like borrowing without anyone asking for interest. It is a dream come true for every responsible user of the kredittkort. For those that are not aware of these things, no feature is going to look positive and they’ll only drown in debt. So, be smart, repay with time, and save a ton of money.
3. There are tons of reward options to choose from
One of the coolest things about credit cards is the rewards made especially for the users. Various cards hold different rewards. Sometimes it is one thing, and sometimes it’s another. Depending on your life needs, you should choose those cards that suit you best.
For example, if you love traveling and planes are your everyday activity, it means that you spend a ton of money on plane tickets. Don’t pay with cash, but put these tickets on the card. This way, you’ll earn points by spending money on them.
The reward is getting free flying miles. The more you fly, the more chance for free-flying you’ll get. When you look at the big picture, you’ll see that you can gain so much from spending money on this because the free tickets are saving you a ton of money.
Aside from the flying miles, there are other rewards too. You may win rewards from your favorite grocery store market, hotels that you stay in, restaurants you eat in, and other places. See what works for you best, find a card that gives you that, and enjoy receiving rewards.
4. It’s the only way to pay for expensive things
Let’s say that you earn some $4,000 per month. It’s a fine number, but you can’t buy a wedding dress with this money. Of course, there are affordable models, but you want something in which you will look like a spectacle.
Putting an $8,000 wedding dress on your card is easy knowing that you can pay off this money over the next few months. However, you don’t have enough at the moment. See the principles of credit cards and how they work here.
If you manage to do a great plan, you will always be capable to buy the things you want and need. There will be no expensive item for you, nor a service you can’t afford. Placing things on your credit make your life better and getting everything you want.
5. It is the safest payment option on the planet
One of the biggest concerns of people shopping online is the safety of their cards. When you pay for something on the internet you instantly get your number to circulate the internet. If it falls in the wrong hands, the hacker will intrude into your account and steal the money.
When you use a debit card, and your money is stolen, there’s no going back. You can’t retrieve them. On the other hand, having a credit card and getting robbed means that you can call the bank and tell them what happened. They’ll block the account, inspect the problem, and alert the insurance company.
Every card is insured and the money on the account is safe. If a hacker stole your money, the insurance company will cover the damage. You’ll get your money back, and the insurance will try to find the hacker together with the police.
This is why even if you get robber by paying online, you’ll never lose a dime. Your money is always safe knowing that your account is insured and even if everything disappears because of hackers, there’s someone taking care of you.