Sometimes we are at home with our heads down and many times we go shopping, but we leave with no money in our pockets, so given the current situation we are experiencing, bank cards are widely used in establishments as a method of payment, so You can withdraw money from an ATM at any time of your day, to go shopping later. But nowadays, practically everyone has a bank card.
There are even people who already have many more than one card, what you may not know is that there are different types of cards that you can use to make the payment and then you can use one that does not suit your needs. Now we are going to show you which are the best cards that exist so that you can decide which is the best option.
Credit cards or debit cards
Today there are basically two types of bank cards, debit and credit. Either one is associated with a bank account. The differences between them is that one uses your money that exists and is in your account and the other uses a limit that the bank makes available to you and you pay later.
In the debit card, your money will be deducted at the same time you make the purchase, thus taking into account the limit of the same account in terms of the capital available in the bank account.
The credit card, for its part, provides greater flexibility as to the time of purchase, so the customer contracts a line of credit with the bank and makes purchases up to a certain limit established by his bank, so the account has a certain date, normally at the end of the month, at no additional cost to the client, so they will not have to pay any type of interest.
Comparing the two, the credit card allows you to do other forms of financing as well. Being able to pay at the end of the month for all the purchases you make during the entire month of purchases, except those purchases that you want to defer, not having to pay any interest for those purchases that have not been deferred. If you think about it on the contrary, there are other ways to add financing, being able to analyze its flexible quota, in which there are several clients who choose how much they want to pay each month for their purchases made and thus be at peace.
PROTECTIONS, INSURANCE AND OTHER EXTRAS OF THE CARD
Now we come to card protections and insurance, credit cards are not only used to make purchases or withdraw extra money, some of them also have a series of coverages that you may not be aware of. They are very useful when you want to travel, even going so far as to combine several insurances for loss of luggage, theft or misplacement, travel accidents, life insurance, accident insurance and even serious illness insurance. But, these coverages are even higher when more prestigious cards are used, as they are called gold cards. These cards have a higher credit limit, as well as greater protection for each of the purchases you make, compared to regular or classic credit cards.
Now choose the best option for you and decide how you will do your shopping and spend your money.