1. The benefits of using credit cards are:

1. Emergency consumption:

When personal funds are not available, you can overdraw the credit card limit for consumption.

2. Enjoy preferential activities:

Cardholders can enjoy various preferential discounts by swiping the card, which can save living expenses.

3. Deduction points:

Credit card points can be accumulated by swiping the card for consumption, and the points can be redeemed for gifts in the points mall.

4. Accumulate personal credit: Repaying credit cards on time can accumulate good personal credit, and you can quickly pass the review when applying for bank loans.

5. Financial investment:

Most credit cards have an interest-free period of no less than 55 days after swiping the card. Cardholders can use this period of time to use the funds on hand for turnover or Financial management.

2. The disadvantages of using credit cards are:

1. Causes irrational consumption:

Because credit cards are overdrafts, some people can’t control them. You will greatly overspend, which will bring stress to your life. 2. High interest:

If the repayment cannot be made in full, the cardholder may have to apply for installment repayment, and most of these installment interest rates are above the annual interest rate of 9. In addition, there will be high penalty interest and late fees for late repayment, and the fees are also very high.

3. Stolen credit cards:

Now that technology is becoming more and more advanced, criminals may use technical means to obtain personal information and then use it to steal credit cards.