What are some advantages of using credit cards? Select all that apply.

(2 points)
• little to no interest on money owed
• allows you to buy now and pay later
• highly resistant to fraud and theft, especially online
• may offer incentives such as airline or hotel points
• no need to carry large amounts of cash

1 answer

The advantages of using credit cards include:

  • little to no interest on money owed (if paid in full before the due date)
  • allows you to buy now and pay later
  • highly resistant to fraud and theft, especially online
  • may offer incentives such as airline or hotel points
  • no need to carry large amounts of cash

All of the listed options are valid advantages of using credit cards.