The world of credit cards has nothing if not variety, but you have to know how credit cards work. You can order anything you want on your hamburger, buy carpet in every shade from white to purple, paint your car iridescent, choose from over 1,000 models of cell phone and so much more. And certainly when it comes to using plastic to pay for the things that life (or your children) demand you have choices.
Gift cards and prepaid cards offer one flexible option for buying things. One great way to use gift cards, other than gift giving, is to use them to limit your spending. For example, say you are taking a trip to DisneyWorld and want to be careful how much you spend: you might buy a certain amount of Disney gift cards, hand them out to your family and tell them that this is all they have to spend. There are many other ways that prepaid cards have value. However, you have to know how credit cards work because gift cards lack many protections and bonuses that true credit cards offer.
Debit and ATM cards are a great way to access the money that you have in the bank, 24 hours a day, 7 days a week. They are convenient and easy to use. But if you know how credit cards work you know that these, too, lack many of the benefits and conveniences of true credit cards. That being said, if you want to know how to use a credit card at the ATM it’s easy. You simply request a PIN number from the bank that issues your card and then use the credit card as you would a debit card. But remember, most cards will charge you a cash advance fee. So if the ability to withdraw cash at an ATM is important to you be sure to compare credit cards online, looking at the cash advance fees.
Credit cards offer a variety of benefits which go beyond just offering a method of payment or accessing money that you already have in the bank. Credit cards allow you to plan ahead, to enjoy your future now, and more. In fact, here are 7 ways that credit cards provide benefits beyond prepaid cards, gift cards, debit and ATM cards:
Thrifty Car Rental. http://www.thrifty.com/car_rental_information/content/car_rental_with_credit_card.aspx
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