Credit cards can be a solution for managing cash flow and transactions. They also offer various benefits and features for easy transactions.
Let’s check out the benefits of using a credit card to help you make better choices when using it.
Reasons Why Young Adults Should Have a Credit Card
For those who don’t have a credit card yet, here are some good reasons to consider getting one.
1. Ease of Transaction
Credit cards can be used for various transactions, both offline and online, at partner merchants. This includes purchasing goods, paying for digital products or subscriptions, and handling monthly bills.
Additionally, credit cards with contactless features make it easy to make transactions without needing a PIN for specific amounts. Just tap on the EDC machine to complete a transaction.
2. Usable for Overseas Transactions
When you travel abroad, you usually need to exchange your home currency for the local currency. But with a credit card, you can make transactions at partner merchants abroad without the need to exchange currency.
You can also use your credit card to withdraw cash at ATMs abroad that are part of the same network as your card, such as Cirrus, Maestro, Mastercard, Visa, etc. So, no need to worry anymore if you need cash while abroad.
3. Enjoy Various Promos and Rewards
Credit card holders can benefit from a variety of promotions, whether they’re shopping online or in-store. For details on various BCA credit card promotions, please check here.
Additionally, you can earn rewards or points for transactions using a credit card! For example, Reward BCA can be used as payment during transactions using a credit card or exchanged for points at partner merchants, such as airline miles and other reward points.
4. Emergency Use
When you’re in a pinch, like if your gadget breaks, your car needs repairs, or you have unexpected medical bills, a credit card can serve as a non-cash payment solution. You can also use it to withdraw cash from ATMs if you urgently need some money.
5. Payment by Instalments
Credit cards offer the option to pay in installments. You can choose to pay in installments directly at the store during the transaction or convert a regular transaction into an installment plan afterward.
Credit cards offer installment plans with interest rates starting from 0% and with tenors of up to 36 months. This allows you to gradually pay off larger purchases and makes it easier to manage your monthly expenses.
These are the various benefits available to credit card holders. If you don’t have a credit card yet, you can apply for a BCA credit card online!