"credit card" by remundo is licensed under CC BY-SA 2.0 I've encountered several questions about credit card types and which is a good one. There are also lots of resources that can be found online regarding use and type of credit cards from different banks in partnership with commercial institutions. You can also find several negative experiences with the use of credit card if not treated properly as well as security breaches associated with card utilization. I summarized categories of credit cards below. Friend or Foe Credit cards is a friend to those handling their finances and those who practice budgeting religiously. It pays rewards in terms of points or rebates that give us extra for our expenses. There are also promotions and offers exclusive to holders of certain credit cards like free meals, hotel discounts, and travels. It also comes with a monthly billing statement which in a way you can track your monthly expenses. If used prope...
Savings, Protection, Investments, and Finance