The benefit of using a credit card to make a transaction over cash is that electronic payments may be made using a credit card.
A credit card is a sort of credit facility that banks offer to consumers to enable them to borrow money up to a pre-approved credit limit. It makes it possible for customers to buy goods and services.
Thankfully, the majority of cards can be divided into three main groups depending on the advantages they provide: rewards credit cards, low interest and balance transfer cards, and cards for establishing credit.
Earn benefits like miles or cash back. the prevention of credit card theft. Free credit score details. zero foreign transaction costs. increased capacity for purchases.
The Credit Limit, also known as the Credit Card Limit, is, to put it simply, the most money that a person is permitted to charge to their Credit Card. The issuing company establishes this limit.
To learn more about Credit card refer to:
https://brainly.com/question/28800758
#SPJ4
