Credit cards provide a way of life for ordinary people to consume first or repay. There will also be some benefits and promotions along with the credit card application. Many people look at these when applying for a credit card. But is it really that good to apply for a credit card? Is it really necessary to apply for a credit card? Who is not suitable for applying for a credit card?

Benefits of a credit card: 1. Spend first and repay later. When you don’t have a credit card, you use your own wealth for consumption. After the emergence of credit cards, you can first use bank money to spend, and then pay off the balance. There is an interest-free period, billing date and repayment date between consumption and repayment. Cardholders can accumulate a lot of wealth by taking advantage of these dates. 2; Credit accumulation provides convenience for loans. Nowadays, in many places, when it comes to loans, buying a house, buying a car, doing business, etc., you will apply for a loan from a bank. In this case, if the applicant has good credit, it will be easier to get a loan. If the credit report is blank, it will be difficult for the bank to trust the applicant's repayment ability. 3; Convenient consumption. At present, many banks have issued credit cards that can be used for domestic and overseas consumption, thus avoiding the trouble of exchanging foreign currency when going abroad, on business or tourism. You can use your credit card to make purchases and receive your bill on the billing day. For places where a large amount of consumption is required, there is no need to carry a large amount of cash, which provides convenience and saves the risk of loss. Therefore, credit cards bring a lot of convenience.

However, there is a type of person who is not suitable for applying for a credit card, because they will spend without restraint if they have a credit card, and they often use loans to repay loans. If they do not operate properly, they will be burdened with debt.