Tosum it in a line, a credit card provides you with convenience, safety, morepurchasing power and a host of fringe benefits. What’s more, credit cards todayhave assumed different avatars. You have Add-on cards (for a family member), ATMcards (to withdraw instant money), co-branded cards, petrol cards (Citibank+IndianOil, for instance in India) debit cards, smart cards ---- the innovations areendless. You get more too. Most cards offer privileges like free insurance,discount coupons and invitations to exclusive events. Yes, for many the creditcard is become a vital necessity. If you haven’t got one yet, go for it by allmeans. But read more in this section on how not to misuse your credit card andget into financial trouble.
