1. Benefits of using credit cards 1. Spend first and repay later: This is probably the biggest benefit of credit cards, and it is very helpful when users have insufficient funds.
2. No need to carry cash: Credit card consumption avoids the trouble of paying cash for consumption in the past, and there is no need to worry about the danger of carrying too much cash with you.
3. Various preferential activities: Many merchants cooperate with banks and often offer various preferential activities. You can also get points by swiping a credit card. This is a discount that you cannot enjoy by swiping a debit card. This is also the most popular. What I like is that the difference is really big (Comprehensive list of Shanghai Pudong Development Bank credit card discounts in the second half of 2015).
4. Small points make a big difference: When you use your credit card to make purchases, you can also earn points, which can be redeemed for gifts, including things and virtual items. Points can also be used to participate in activities and be redeemed for mileage (2015 Shanghai Pudong Development Bank credit card points can be used as cash on Alipay).
5. Large-amount installment payment: When you see something very expensive but cannot afford it, credit card installment payment can help you and reduce your financial pressure (2015 China Merchants Bank Credit Card Installment Purchase of Volkswagen 0 rate).
6. Investment and financial management: The interest-free period of a credit card is about 20 to 55 days. During this period, not only can you consume first and then repay, but you don’t have to pay any interest to the bank. Some Investors can use this reasonable investment to make money by borrowing money. Card god Yang Huiru is an example (the Pufa Credit Card Saving Tips Unknowingly Make Money)!
7. Online shopping is easier: Many online shopping malls now offer credit card payment methods, which are simple, convenient and fast (2015 Shanghai Pudong Development Bank Credit Card Online Shopping Quick Payment 10% off for purchases over 88%).
8. Good personal credit record: When applying for a loan, the bank mainly looks at the personal credit report. No credit record or bad credit record will have a certain impact on the loan. If your credit card credit record If you keep it in good condition, it will be very helpful for getting a loan (Must-see for loan seekers: The relationship between personal credit record and loans).
9. Additional preferential treatment: Some bank credit cards can enjoy free car washing services at designated places at fixed times every week (2015 Everbright Bank Credit Card washes your car for 10 yuan every Sunday), or Platinum Card You can enjoy VIP access, or free insurance services with some bank credit cards. This additional benefit is also very good. #3p4#0. Nationally applicable: Generally speaking, credit cards can be used nationwide, and some credit cards can even be used directly in foreign countries. Dual currency or UnionPay cards are all acceptable.
To sum up, the practical benefits of credit cards are far from known. For example, if you buy a Xiaomi mobile phone and use a CITIC Bank credit card, you don’t need to grab it, and there are special channels and so on. And the higher the level of your credit card, the more benefits you will enjoy, even more than you can imagine. As for the disadvantages of using credit cards, I think the biggest one is for those who spend money. If they cannot resist the temptation and participate in various promotions, they will waste unnecessary money. As for financial crimes, generally speaking, you won't encounter them. As long as you don't use your credit card to cheat or cash out maliciously, it will be fine! Another thing to note is to protect your personal information and don’t be deceived~