5 things you MUST buy with a credit card
Rukshana Shaikh
A credit card makes money management simple and hassle-free. Not only can you buy expensive items like appliances and holidays using the card, you can also borrow short term loans against it. a credit card is your best friend whether you have an emergency or there’s just a new piece of clothing you want to purchase.
Just got a new credit card and wondering what to use it for? Here are 5 must-buy things with your card:
#1 White goods for the house or office.
Big ticket items like home appliances and even cars should always be purchased by credit cards. Some department stores insist on customers using credit cards if they are buying expensive white goods on monthly instalments, so it helps to have a card. Meanwhile, you can get an extended warranty on the white goods you buy if you have a credit card, but not if you pay by cash or debit cards. The best credit cards in Dubai also offer retail guarantee or price protection – this means that if you bought a home appliance from a store and it advertises it at a cheaper price for a limited time the card company or bank may refund the difference. Keep checking on credit card offers on the card you hold to make use of shopping festivals and sales.
#2 Online shopping for personal items.
One of the most common and best uses of a credit card is to shop online. There is a spate of credit card offers on online shopping, with retail insurance and protection on higher end cards. not only can you amass reward points to redeem later with every purchase, you can also exchange or return items much easily if you used a card to buy them. Meanwhile, you are saved from vendor misdemeanours – suppose you pay for an item and they don’t deliver it or refuse to take back a wrong item, the credit card company may refund you and get the money back from the merchant on their own.
#3 Home refurbishing.
Does it surprise you to know that you should pay for home repairs and renovation using your credit card? Though contractors wish to be paid in cash, some might accept credit card payments. They might charge an extra fee for processing the payment, but the added expense is worth it if there is a dispute in the future. Suppose you are not satisfied with the quality or want some parts redone and the contractor refuses to do so, or challenges your payments, you have the card trail to prove that you paid in full. The card company can also be a party if you go to court.
#4 Foreign holidays.
Most airlines and international hotels insist on customers paying by credit card. They hold the card in abeyance till the time you complete the trip. Hotels may use the card to get reimbursed for payments you do not settle, or to refund a deposit after the trip is over. There will be a host of credit card offers on travel and hospitality that you can redeem in both Dubai and elsewhere, so amass these points for future use. Credit cards also have travel insurance and accidental death coverage.
#5 Car rentals.
One more lesser-known benefit of credit cards is that you can use it for car rentals to save money. Most rental companies have easy payment processes for credit cards, whereas debit cards may not be accepted easily. You also end up saving money if there is a credit card offer on car rentals in Dubai.