A credit card is a practical financial tool designed to cover immediate expenses when one experiences a shortfall in cash flow. It grants access to funds for purchases or other expenditures within a specified limit. Following the usage of the card, cardholders typically have up to a month to repay the amount spent. Credit cards offer convenience for both online and offline transactions, eliminating the need to carry physical cash. Moreover, they come with several perks and benefits, rewarding users with every spend.