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Benefits of using a credit card (Infographic)

Credit cards can be an important part of your finances and may often come in handy. Developing responsible credit card habits can help you take advantage of the benefits credit cards provide. Here are four benefits for using your credit cards.

Benefits of using a credit card

Build credit

By using a credit card and making your payments on time, you can start to build or improve your credit score. This can help you get different loans or lines of credit for other important purchases.

Secure purchases

Many credit cards come with a chip encryption, which makes it harder for hackers to steal your card information. If someone does steal your card information, you can freeze your account and dispute unauthorized charges by contacting your card issuer immediately.

Buy now, pay later

Credit cards allow you to buy now and pay later when your monthly balance is due. To avoid paying interest on your credit cards, try only buying what you can afford and pay the full balance when your bill is due.

Earn rewards

Many credit cards come with specific rewards like cash back or rewards points. The more you use the card, the more rewards you can earn.

Credit cards can be a helpful financial tool. Understanding the benefits of your credit card will empower you to use the card wisely. 

This content is informational only and does not constitute financial, legal or tax advice. It is best to consult your own advisor who knows your specific situation and can advise you accordingly.


UMB personal banking solutions offer convenience and simplicity to meet all your financial needs. From home loans to auto financing and everything in between, see how UMB personal banking can work with you to find the right products for your life and lifestyle.

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