1. Advantages of applying for a credit card:
1. You can overdraw your spending, and you can use your credit card to spend or withdraw cash when your funds are insufficient.
2. Enjoy the convenience of installment, and you can pay it back slowly by installment after large consumption.
3. it is convenient to travel and enjoy preferential treatment. At present, there are many different types of credit cards, some of which have the function of taking the subway and bus, some of which have discounts for booking air tickets and hotels, and some of which are convenient for changing foreign exchange abroad.
4. It is convenient for financial management and investment. Credit cards have an interest-free period of up to 56 days. During the interest-free period, users don't have to pay interest, and users can use their own money for investment.
5. points are exchanged for goods. Generally, credit cards are used for spending, and points can be used for shopping in integral mall.
in addition, it can help users solve their own shortcomings, and they don't need to apply for loans or borrow money from others to get a credit card. After the credit card is used, there is an interest-free period. During the interest-free period, users can invest their money first and then repay it on the repayment date, which can improve the utilization rate of funds. Credit card issuing banks have cooperation with many merchants, and they can get preferential treatment by using credit cards.
2. Disadvantages of handling a credit card:
1. After handling a credit card, you will receive a credit report at the meeting. Once your credit card is overdue, there will be overdue records on your credit report, which will affect your credit.
2. It will be stolen. If someone steals a credit card, it will be easily stolen, causing losses to yourself.
3. Make your consumption irrational. You don't have to pay back immediately when you use a credit card, but you will pay it back next month, which will easily lead people to spend blindly.