According to In Expert Dictionary defined: "A card issued by the bank and the like to allow the bearer to buy goods needed by debt. While the Arab Economic Dictionary explains, "a kind of special cards issued by the bank as a dispenser + card no.-, then the amount will be paid later. The bank will provide its customers with the monthly accounts globally to be paid, or to directly debited from his account that are still functioning.
Usefulness of Credit Card:
1). As a means of exchange for payment.
Credit cards can be used as a means of exchange for the payment, so that we do not need to carry a lot of cash, which can be lost or at risk of falling on the road.
2). As a backup.
Credit cards can also be used as a reserve for unexpected needs, as if suddenly there are families who are sick and need to be treated in hospital, the advance payment can be by credit card, it is not a hassle than if we had to go to the ATM first or liquefy money in the bank.
3). Help make payments on household bills.
On credit card no amenities one bill, meaning we can ask the credit card issuing bank to simultaneously pay the bill on account of: electricity, bills telecom / mobile phone, the bill taps, internet bills, and bills other with the knowledge intansi who issued the charges. Thus, each month we are not preoccupied pay to several agencies, but payments can be made at once via credit card, direct debiting is done every month.
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