Apply for a credit card
Should I apply for a credit card and how?
Are you pondering on whether you should apply for a credit card? Well, the answer
quite simply is – ‘Yes’ - you should apply for a credit card (this is true for most people).
The credit cards seem to have transformed our lives. In fact, one can term credit cards as
a revolution. Today, you find ads in TV/newspapers/website/shops and almost anywhere
and everywhere; all asking you to apply for a credit card. When you look around, you
see that most people have credit cards. In fact, most people have multiple credit cards.
Everyone seems to apply for a credit card. So, why should you apply for a credit card?
There are a lot of benefits associated with credit cards; however, the most important
benefit is the convenience that they offer. For most people, this is the prime and the sole
reason that instigates them to apply for a credit card. This wouldn’t have been the case a
few years ago, when not many merchants accepted credit cards. However, today, most
merchants do accept credit cards. So, instead of carrying a lot of cash on you (which is
both inconvenient and unsafe), you can just carry a small piece of plastic with you.
Moreover, you get interest free credit i.e. you don’t have to pay the bills till the next
monthly billing cycle. So, you can buy now and pay later (when your salary arrives) – a
great reason to apply for a credit card. To add to that, there are certain merchants that
offer interest-free instalment payment plan i.e. you can make a big purchase today and
pay for it in instalments on your credit card. So credit cards works as instant long term
loan too (not just a monthly loan). Yet another reason to apply for a credit card is the
discounts on shopping. This is made possible by the tie-ups between credit card
companies and the merchants. So credit cards offer many benefits.
There are various ways in which you can apply for a credit card - you can apply for a
credit card in person, you can apply for a credit card on