There are many reasons to have a credit card when you are off to college. Once you have a credit card, you can track your expenditures by making payments using your card. Along with college expenses and day-to-day purchases, a credit card also helps during emergencies. Through credit card usage, a student can expect a rise in their credit score as well, which has its own set of benefits.

Your credit score is a three-digit number that has the power to make or break your dreams. If you wish to buy a new house or a new car, you may eventually consider applying for a loan. Lenders would run a background check to determine whether it is safe to allow you to borrow money and to determine this, they will check your credit score.

Credit cards, when used responsibly, can be a valuable financial tool for earning rewards, building credit, traveling, and handling emergencies or unplanned expenses. One of the most popular financiers in the country, Capital One® offers personal, business, and auto credit. They are particularly renowned for their extensive range of credit cards meant for all kinds of borrowers.

Gas makes for a major household expense as individuals spend long hours traveling by their vehicles. Gas-powered cars are popular, and we are constantly in search of ways that help in reducing the cost associated with them. This has made gas credit cards one of the most popular categories out there.

Credit cards are among the top four debt items in the country; where the other three include mortgage loan, auto loan, and student loan. Credit card plays a vital role in most people’s lives, especially in this consumer-driven economy. While credit cards play an essential role, they do provide the purchasing power to the customer that can enable them to make an otherwise impossible purchase.

As a business owner, you will — at some point — start accepting credit and debit cards for the products sold and services provided. For this purpose, you must look for third-party transaction processing firms. Credit card processing services facilitate the credit transaction between a merchant/vendor and the customer to initiate the payment These services also provide point of sale (POS) systems, mobile payment methods, and subscription services to simplify the process.

Gone are the days when you had to accumulate money to buy something that you always wanted or wait for the bank to approve your loan. The general public has been gifted immense purchasing power in the form of credit cards. These credit cards have revolutionized the way you spend and have taught new ways of managing our finances.

The Platinum Card® from American Express is one of the best rewards credit cards you can own. It comes with fantastic perks like 60,000 bonus points after spending $5,000 in the first three months. These can be redeemed for a gift card or on travel worth $500. Likewise, you get $200 airline credit that can be used to cover any incidental air expenses like in-flight refreshments or fees for extra baggage.