List of 7 Credit Card Benefits Holders Enjoy
CREDIT CARD BENEFITS – Here is a list of seven(7) privileges that holders of credit cards enjoy.
Nowadays, a lot of banks in the Philippines offer credit cards to the public. Each has a wide variety of options to provide to aspiring credit card-holders. You may apply for any of the following:
- BDO Unibank or BDO Credit Card
- Bank of the Philippine Islands or BPI Credit Card
- Metrobank Credit Card
- Rizal Commercial Banking Corp. or RCBC Credit Card
- UnionBank Credit Card
The aforementioned banks that offer credit cards are just a few of the many banks offering the said type of card. A lot of people have applied for it for the excellent benefits they have.
There are at least seven(7) credit card benefits that holder of the said type of card or account enjoy. Here is a list of them:
1. Fraud Protection
One of the excellent credit card benefits according to Canstar is the protection that the card provides against fraud. By using it in online shopping, certain amounts won’t directly deducted to your money unlike when using a debit card.
2. Rewards
A lot of credit cards has rewards program. You will be earning points while making purchases and these points can soon be used in buying certain stuff.
3. Complimentary Travel Insurance
Several credit cards come with complimentary travel insurance. In this case, you have saved a lot of money as you don’t anymore have to pay for a separate travel insurance. A lot of credit cards are actually specialized for traveling.
4. Cashless Shopping
With a credit card on your bag, you don’t anymore have to bring a lot of cash while shopping. It reduces the risk of getting your money taken in public places and the worrying feeling of bringing an amount in your bag.
5. Works in Foreign Currency
Most credit cards works even in other countries. With it, you can make easy purchases regardless of the currency and the amount. You won’t have a hard time looking for a money changer firm.
6. Bonuses & Privileges
Based on the article, one of the credit card benefits includes more privileges. You can obtain sign-up bonuses and as well as the perks and privileges provided by the partner stores to credit card-holders.
7. Cashback
Some credit cards offer cashback features. This means the rewards or points you earned from your purchases can be converted to cash. It can be directed to your account and can be withdrew or used in making purchases.