A credit card is one of the easiest tools to navigate your finances through this economy. With different rewards and lucrative deals on offer, credit cards have made it simpler to make purchases and increase your credit score as well. If used carefully, there is a lot of things you can do with your credit card. Here are the top seven reasons why you should use your credit card for nearly everything.

• Helps in building up a great credit card rating : Having a good credit score really helps you procure loans and get access to low interest rates in the future. With timely payments and frequent usage, you can build up a good credit history, which will help you a lot to get financial assistance in the future. You can get loans without any additional security deposits or guarantees.
• Gives financial convenience: There is nothing as easy as swiping a card everywhere you make purchases. With groceries and bills taken care of with your credit card, it is a great way to simplify all of your spendings. However, you need to have a limit with billing, otherwise, you might end up losing quite a bit of money with the extra expenditures and land up in credit card debt.

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• Put all of your spendings in one source: Once you get into the habit of paying for your purchases by your credit card, you do not have to withdraw cash all the time from ATMs. Also, you do not have to pay monthly interest rates for debit card maintenances. A credit card can be used in so many places that it becomes one of the best sources for your expenditures.
• Avoid the threat of theft : With lesser chances of carrying cash, you can have your credit card protected. Your credit card will the only thing you need to take care of in case of theft. When you carry waddles of cash, it gets difficult to travel or move around without any stress.
• Automated billing for all utilities: Most credit cards come with the option of letting you choose automated billing feature. You can link all of your utilities and basic expenditures without worrying about remembering the due dates all of them on a monthly basis. The money will be automatically transferred and you bills will be paid instantly on time.
• Plenty of services as well as security: Credit cards come with different features, but most importantly they come with security as well. While a credit card theft might be one of your worries, the protection of the metallic chip feature makes it very easy for your card to not be used by anybody but you. Provided you take the right precautions, you can easily save yourself from being at the receiving end of a theft.
• Travel rewards or cash back: Easily the best option for yielding returns, the travel rewards and the cash back that you receive with your credit card is completely worth all the expenditures you make through your credit card. It even makes up for the high-interest rates, if you have to pay any.

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