Use Your Credit Card Or Lose It

 

It is good to apply and get yourself a credit card, if you are eligible for it as it puts you in a safer side to meet cash needs during emergency needs, manage month end purchases and expenses, also for some of the purchases made using credit cards on certain products and brands you may get discounts, cash out reward points and such benefits and above all you need not carry cash which is the best purpose that credit card serves.

However, if you do not use your credit card and still have it for safe usage then you can use debit card itself and in such case you may have to see if you need to pay annual fee for having it so it is better to either use your credit card or lose it.

Also owning a credit card and not using it for years shall make not get the benefits of a frequent credit card user with a credit record such as gaining more credit limit, getting additional financial products and few more privileges which a good credit card user may get.