A Closer Look at Credit Cards Used properly, credit cards give you financial flexibility. With them you can take advantage of limited-time offers, travel with little cash or handle an emergency. Credit cards offer financial flexibility that allows you to purchase something today and stretch out the payments over months if you choose.
Some cards offer cash back or rebates for products and services.
Credit cards also offer security while you are travelling if your car breaks down or if you miss a flight. You must have a credit card to rent cars or reserve rooms at most rental agencies and hotels. Select a card on the basis of its total cost to you. To determine a card's cost, look at its annual fee and, if you plan to carry over a monthly balance, its finance charge. You might also want to consider a card that offers cash back or rebates for products and services.