Credit cards are the plastic cards issued by the banks or financial companies that gives the privilege to the users to buy goods and services while a loan on credit card allows you to borrow money and payback in instalments. It is very easy to take an loan on credit cards – sometimes it is done over a phone call by the banks for the immediate approval.
Convenient to pay
No need to carry cash
Widely accepted globally
Shopping covers insurance
Discounts and promotional offers
Enhances your financial credibility