Having a credit card is normal for most people living in modern western countries where financial work and money handling are normal. Credit cards are highly beneficial for those that have regular income and are capable of frequently spending money through them.
There are billions of them issued so far around the world. Most of them are in the US, but other countries and people are also not far away from the practice of spending through a credit card. The Americans love having them. Some of them have more than a dozen, while others stick to just one.
Depending on the features the card may have, you can have different benefits from one to another. This is why some people opt for more than one. In the US, the average number of cards that people own is four. Every person has four cards that they can use for various needs.
The point of having multiple cards is to use them for different needs and paying for different stuff. You can find lots of benefits by doing this. One card is beneficial for getting rewards from one place, while another is excellent for something else. Learn more about them here.
People are used to having different ones because of this reason. But, what are the items and services that are most commonly paid with the kredittkort. What are the things that people spend the most money on by handing the plastic over? Here’s a list of these things.
1. Electronic appliances
One amazing feature that most credit cards offer is the chance to have the item returned and not pay for it if it’s not functioning properly. Aside from the fact that expensive electronic appliances come with a ton of points that you can cash in later, but it’s perfect to have the vendors in control.
When you buy a $2,000 TV set, you don’t want to see it broken and not working properly. Returning it is easy as you can tell the sellers that you’re not going to pay for it unless you get a brand new one that is working flawlessly.
They want to get paid, so they’ll provide what you ask them. The catch with the kredittkort is that there’s the option of withdrawing the funds that were transferred initially because the service was not provided. That’s why it’s great to shop for electronics with a credit card – you get assured that nothing will go wrong, and even if it does, the card got you covered.
2. Plane tickets
A lot of the card manufacturers made deals with various, if not all of the existing, plane companies. Every flight you make that is paid with a credit card earns points. These points will be added to the overall account and after a while, you’ll be able to pay with these points rather than actual cash.
The reward system of flying miles is popular all around the world. The principle is to spend on tickets and get free flying miles. If you often travel and fly around the country or the world, then this is a great option for you.
Find the kredittkort that is going to offer the most benefits for buying plane tickets. If you’re flying with a company most of the time, then look for the credit card that has the best deal made with them. If most cards have a 2% return rate, look for those that will have more for a particular flying company.
Using the right card can give you a lot of discounts and free flying. The same goes for nearly any transportation device out there. We’re mentioning airplane tickets because they are the most common and the most popular ones.
3. Hotel booking
Similar to the plane ticket points is the hotel booking. Every hotel you stay in can be added to the list of points you earn by booking with your kredittkort. The only thing you need to mind is to see which card offers the best benefit when you’re booking.
If you have three cards but none of them gives you anything valuable for the hotels you’re staying at, then you might want to take another one. Not all cards have the same features. Look for those that are going to be specifically made for hotel stays.
You can go with a test av kredittkort option and see if you like it. Get one for a limited period and return it if the benefits are not fitting your lifestyle. If you do, then rest assured that you’ll always have a card that is giving you tons of benefits when you’re handling your trips and bookings.
4. Online shopping
Most people own both debit and credit cards. Banks usually hand out both because some people prefer one over the other. The problem with the debit card is that it doesn’t provide the protection that the credit card has. If it gets stolen or hacked, it’s over with the debit one.
Credit cards are much safer which is why people use them for online shopping. Although there are billions of transactions, and hackers are not intruding in all accounts, there’s still a chance to be hacked. With the kredottkort, you can’t get ripped off. The insurance will get the money back and you’ll be safe.
The bank will give you back the funds that were stolen and then the police will need to handle the problem. They will go after the hacker, while the insurance will pay out the full amount. Instead of dealing with losing all your money, you have this option and be safe at all times.
5. Telephone bills
When you buy your phone and your telephone line, you often do it on credit. The company providing their services will also offer some sort of insurance in case your phone is stolen, lost, or damaged. That’s why it’s smart to pay with your credit card – because you get a lot of benefits.
If you offer to pay cash, you won’t get these benefits. You’ll need to pay for the full amount upfront, and if it happens to do something of the above, you will not have any protection. Paying with a credit card gives you benefits which is why people do it.
6. Car rental
Lots of companies will give you insurance with your card for the payments you make. That means, renting a car will come with insurance for that car. If you pay with cash, you get nothing out of it. This is the main reason why it’s better to rent a car this way.
These six points tell you what the things that people spend money on by using their credit cards are. As you can see, there are lots of situations to do it. Various cards are made specifically for some of these reasons, while others are universal.
If you’re planning to do some of these things, then you should pick those that are made for some of the points we mentioned. Go through the financial companies’ offers, and find the ones that suit you the best. You may be very happy by using them.