What are the benefits of using credit cards?
Apply for Credit Cards: Nowadays, everyone has credit cards. But do you about any details of credit cards? And what is a credit card? And why people mostly use it while shopping? A Credit card is a card that allows us to shop or buy kinds of stuff without using any cash. When we buy something, the sales clerk uses it to charge the money needed for their account, so the person will buy later. We buy it on credit, which is the trust that we pay it back later. When a customer purchases a product via credit card, the credit cardu2019s issuing bank pays on behalf of the customer and the customer has a certain amount of time to pay the credit card bill. If a person does not pay it back within a time limit, they will have to pay extra money called interest. Payment using a credit card is one of the most common ways of electronic payment. Most of the Credit Cards give you an interest-free period of 45 to 50 days, depends on the type of card you are using and your billing cycle. Credit cards are usually small plastic cards with a unique number attached to an account.
36 views • 3 slides
