2. Credit cards can prove to be a great source of financial help especially during the time of emergencies when you don’t have sufficient funds to meet your expenses. On such an occasion taking an overdraft on your bank account will stand to be a much costlier debt than your credit card bills.

More: 6 Unknown Facts Which Affects Your Credit Score

3. You can also make bigger purchases with your credit cards, even if you don’t have the funds immediately. And later you can repay your credit card charges as per your convenience.

4. In case of any error in charging a purchase to your debit card, the amount will be debited immediately from your account and will take long to reverse, and you would fall short of funds during that time. Well, in case of a credit card, you can appeal against the error and it may not be required to pay.

Also Read: 15 Books That can Help You Make Money