2. Free consumption limit: you can buy it in the current month and pay it back next month by using a credit card. As long as all the arrears are settled on the billing date, you don't need to pay extra fees.
3. Convenient repayment: There are many repayment methods by credit card, so you can choose your own repayment method, and you can also set up automatic repayment by credit card.
4. There are many preferential activities: the issuing bank of credit card will cooperate with some merchants and launch some consumer preferential activities from time to time.
5. Redemption of points for rights and interests: The amount of credit card consumption will be accumulated into points, and credit card points can be used to redeem various rights and interests.
6. Maintaining personal credit: The timely repayment record of credit cards is beneficial to maintaining personal credit and improving personal credit. When applying for mortgage, car loan and other loans, it can be a great help to pass the audit.
Disadvantages: 1. Credit cards can easily lead to excessive consumption.
3. Credit card debt will bring mental stress.
5. Credit cards can lead to out-of-control debts.
6. Emergency financing is easy to become long-term debt.