What is a credit card?

A credit card is a card that allows us to make payments almost anywhere without having cash. It is issued by banks or financial institutions and can be characterized as a means of payment or plastic money.

We use a credit card while shopping, making hotel reservations, or visiting restaurants. But above all, we make purchases easily on the Internet.

To borrow money:

Its biggest difference against the simple bank card is that we imprint money instead of having it immediately withdrawn from our bank account. What does this mean?

You can use the money you don't have. As his name says, we take a loan from the bank. This credit is repaid later in two ways.

You can pay the full amount at the end of the month. Thus, no interest is charged. You only pay the money you borrow.

The other option is deferred debit cards. You repay the loaned amount in small installments each month. In this case, the banks charge an interest rate. Consider what you want.

How do we benefit?

Credit cards are a very widely accepted and very useful means for your payments, especially abroad. Regular bank cards are accepted in limited countries. On the other hand, credit cards are accepted almost everywhere and therefore very convenient during your travels in America or Asia.

In addition, you benefit from several insurances against the damage of your purchases or unforeseen accidents in your travels.