Benefits of credit card:

1. Easy to carry. For the same amount of money, the convenience of carrying cards and money can be imagined.

2. High security. Even if you lose your card, you won’t lose your money. But if you have the password, or if you renew it in time, the money will still be there. If cash is lost, it's not easy to get it back.

3. The flow of funds is convenient. Convenient to do things. Regardless of whether it is a company or an individual, it is convenient and quick to transfer money out or in.

Credit cards also have disadvantages:

1. It is easy to overspend.

2. Failure to repay the loan after the due date will affect your personal credit score. There are also high interest rates for overdue payments

3. This card cannot store savings.

4. Card information and personal information are also easily leaked, and the money in the card is not safe. Misappropriated by criminals.

The benefits of using a card are: avoid carrying large amounts of cash, consumption points can be exchanged for gifts, understand consumption habits through consumption bills, control consumption, make money during the interest-free period, use credit cards for daily consumption, and cash purchases are low-risk , a highly liquid financial product that can earn interest income quickly, making it easier to deal with emergencies. If the repayment record is good, the credit rating can be improved.

The disadvantages of credit cards are: they tend to make people unplanned, have no sense of crisis, are highly dependent on credit cards, lead to unnecessary impulsive consumption, tend to buy luxury goods, exceed the actual purchasing ability, cause overdue purchases, and affect the individual Credit, savings cannot be stored.