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5 reasons to use credit cards

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Contact Consumers
Contact Consumers

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If you sign up for the right credit card, you can earn anywhere from 1% to 5% back on your purchases. Universal Acceptance Rental car companies and hotels want customers to pay with credit cards because it can be easier to charge customers for any damage they cause to a room or a car this way. Also, when you're travelling in a foreign country, merchants won't always accept your debit card as payment, even when it has a major bank logo on it. Frequent-Flyer Miles Cardholders rack up miles at a rate of one mile per dollar spent, or one mile per two dollars spent. You end up redeeming your miles, this determines how valuable credit card reward are. These are often 50-100% of the way toward a free flight within a month or two. Points Many card rewards work on a point system where you earn up to five points per dollar spent. When you reach a certain point threshold, you can redeem your points for gift cards. You can use the gift cards as gifts, making holiday and birthday shopping simpler and less expensive. Paying with a credit card makes it easier to avoid losses from fraud. When your credit card is used fraudulently, you just notify your credit card company of the fraud and don't pay for the transactions you didn't make while the credit card company resolves the matter. List source: Credit Card Seekers Emai List Call us at: 866 978 8275 Mail us at: info@contactconsumers.net Sources: www.investopedia.com

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5 reasons to use credit cards