Credit cards have become a staple in the financial lives of many Americans. With so much concern about debt and financial responsibility, it’s easy to overlook the positive benefits of credit cards. While it’s true that credit cards can be addictive and hard to manage, used appropriately, they offer substantial advantages.

One huge advantage to using a credit card is the ability to build a credit score. By responsibly using a credit card, people are able to establish a repayment history. This demonstrates their ability to manage credit and makes them more attractive to potential lenders. Furthermore, the timely payments associated with credit cards also help improve a person’s credit score.

Another advantage to owning a credit card is the convenience and flexibility it provides. As long as it’s within your credit card limit, you can use it to purchase almost anything. This eliminates the need to carry large sums of cash or write checks. In addition, credit cards offer protection against fraudulent purchases.

Credit cards also offer perks that go above and beyond the basics of transactions and fraud prevention. Many credit cards offer rewards such as cash back, airline miles, or discounts on items and services. Many also offer extended warranty on purchases and