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	<title>Personal Finance Tips.com &#187; Credit Cards</title>
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		<title>Why You Should Carry Credit Cards</title>
		<link>http://www.personalfinancetips.com/2009/05/why-you-should-carry-credit-cards/</link>
		<comments>http://www.personalfinancetips.com/2009/05/why-you-should-carry-credit-cards/#comments</comments>
		<pubDate>Wed, 06 May 2009 05:50:34 +0000</pubDate>
		<dc:creator>tim</dc:creator>
				<category><![CDATA[Credit]]></category>
		<category><![CDATA[Credit Cards]]></category>

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		<description><![CDATA[Credit cards are a great resource&#8230; if you are able to use them responsibly. Convenience There are very few places that don&#8217;t take a credit card, so instead of carrying a cash with you everywhere, you can just bring a credit card.  Also you won&#8217;t be &#8220;forced&#8221; to carry change that you receive  after paying for [...]]]></description>
			<content:encoded><![CDATA[<p>Credit cards are a great resource&#8230; if you are able to use them responsibly.</p>
<p><span style="font-weight:bold;">Convenience</span><br />
There are very few places that don&#8217;t take a credit card, so instead of carrying a cash with you everywhere, you can just bring a credit card.  Also you won&#8217;t be &#8220;forced&#8221; to carry change that you receive  after paying for something in cash.</p>
<p><span style="font-weight:bold;">Rewards</span><br />
Many credit cards offers you incentives based on the amount you spend with your credit card.  Rewards vary from cash back to points that you can redeem for awards.</p>
<p><span style="font-weight:bold;">Security</span><br />
If your credit card is stolen, you are only legally obligated to pay a maximum of $50 of the fraudulent charges but most companies will even waive this.</p>
<p><span style="font-weight:bold;">Track your Spending</span><br />
By using your credit card, you&#8217;ll have a record of everything that you spent on your monthly credit card statement.</p>
<p><span style="font-weight:bold;">Credit Card Protection from Merchants</span><br />
If you have a dispute with a merchant your credit card company can do a charge back and issue you a credit if they rule in your favor</p>
<p><span style="font-weight:bold;">Build Credit</span><br />
Using a credit card will help you in building a better credit score (if you pay your bills on time).</p>
<p><span style="font-weight:bold;">Insurance/Purchase Protection</span><br />
Depending on your credit card, they may offer purchase protection or travelers insurance.</p>
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