In the Hall of the Credit King
Credit has a love-hate relationship with the general population. On the one hand it allows us to buy things we want without having to pay on the spot, on the other hand it can get out of hand and make us pay more than we expected. The latter isn’t really anyone’s fault but the person in charge of their card – it’s just taking advantage of human nature, we’re easily tempted to buy things that look attractive. And credit cards allow us to do that whether we have cash or not. Regardless of what one thinks about credit cards and their advantages or disadvantages, one fact is clear – they are here to stay. “Plastic money” is everywhere, people use their cards to pay for everything, and many don’t even carry cash, and who can blame them?
Money can be stolen while carrying a card, the only risk you have is overshopping. If a card is stolen, you simply deactivate it with the push of a button and suffer no loss – even if you do, you’ll more often than not get a refund. It is very convenient than carrying paper money and people prefer it. That is why every store or shop is equipped with the ability to authorize credit payment. Another widely known benefit is that every time you use your card – depending on which card you have – you earn credit card points. These are reward points that accumulate and can be used to buy more stuff – it’s free since you’re using points. So shopping with credit cards allows you to shop further. There are various rewards/loyalty programs and the more exclusive ones can offer great deals on hotels, stores and all sorts of other things. You are rewarded for spending your money. Sounds nice, doesn’t it? That’s because it is – especially if one uses their credit card wisely.
Credit card points are like frequent flyer miles. Actually, they’re technically the same thing – the only difference is that one earns you miles, the other earns you points. You can practically use both for the same things. In fact, often when you book a ticket with a credit card – depending on the airline, you can get a sweet discount. And you can earn miles on the next flight to add to your miles count. Using them is an art that many have mastered. Another rather obscure way to take advantage of miles and points is to sell them online. Sell credit card points or air miles on various websites. There could be several reasons for doing this – you don’t fly that often to earn that many points, and instead of losing them for no reason, you might as well make some money out of them.
#Hall #Credit #King