Reason #1: Easy Way to Build Credit
Credit cards are a quick and easy way to establish or build credit. Credit scores affect your ability to get car loans, personal loans, and other credit products. Having a clear credit report is essential.
Reason #2: A Generous Sign Up Bonus
Reason #3: Pay Zero Interest For a Period of Time
One perk of using a credit card is that most cards offer 0% interest rates on purchases for extended periods. You can use this window to make large purchases without worrying about paying any interest until months later. I have done this numerous times to spread out paying for purchases over time.
Reason #4: They Come With Purchase Protection
If your card is ever lost or stolen, you will not be held responsible for fraudulent charges. With cybersecurity being such a concern, this is beneficial. Report any theft or loss of your credit card as soon as possible. Fraudulent transactions are a drag.
Reason #6: Cash Back Rewards
Only choose a card that will improve your credit rating, has no annual fee, and gives you the ability to earn rewards. Use the credit card on everyday purchases and earn money while paying your expected expenses.