Some personal financial experts spend a lot of time and effort to stop us from using credit cards - for good reason. Credit cards are often abused and abused, and credit card debt can ruin your financial future. But when you use it responsibly, you will find that paying with a credit card is much better than paying with a debit card.

Although a debit card is an easy to use and convenient payment tool, there are several benefits to getting a credit card at the registration office next time. Here are the main reasons for us, why the type of plastic in your wallet is really important.

Improve your credit history and scores

Which of the following would you want to buy now or in the future?

a) House

b) Car

c) University tuition

d) Insurance

e) All of the above

f) None of the above

If you answer A, B, C, D or E, then one day (if you haven't answered yet), you will need a credit card to help you purchase one of the items. If used properly, getting a credit card will help build your credit history and improve your credit score. The higher your credit score, the less you have to pay interest on a variety of credit products. Building a good credit score can save you thousands of dollars in a single loan.

Additional guarantee

With the arrival of the Christmas shopping season, millions of Americans are concerned about credit/debit card fraud. However, in the event of an unfortunate default, debit card users may face more trouble than credit card users.

This is because consumer protection laws treat debit and credit cards differently. Under federal law, your personal liability for fraudulent charges on credit cards must not exceed $50. On the other hand, for debit card users, you may have to pay $500+, depending on how quickly you report fraudulent charges.

Also, if you need funds to pay rent or other expenses now? With a credit card, money will never leave your account, and you don't have to pay any controversial expenses on your bill. On the other hand, if you use a debit card, you may wait until your bank resolves the issue and returns the funds to your account.

Reward

In addition to establishing and establishing credit scores and additional security measures, credit cards also provide valuable rewards to consumers. From cash back, travel points, or redeemable rewards for reward points systems, using a credit card can help a person save hundreds or thousands of dollars a year.

Purchase protection

Is the jewelry stolen or the smartphone broken? If you buy an item with a credit card with a purchase protection plan, you may be lucky. When you make a secured purchase on your card, purchase protection can help protect your purchase, and if it is stolen or accidentally damaged, the protection period is up to 90 days. However, it is up to the credit card company to decide whether your purchase protection claim is approved.

If your current credit card has not yet purchased a protection plan, it may be worth considering when opening your next credit card.