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In higher interest rate countries it may be better to use credit cards for payments, since you get to accrue interest on cash you would have otherwise spent, fo
by billfruit 8y ago
In higher interest rate countries it may be better to use credit cards for payments, since you get to accrue interest on cash you would have otherwise spent, for the 50 day interest free duration of the credit card, so it is like the credit card helps to earn a bit of money.
Also credit cards offer rewards program, so in effect, most purchases are tiny bit cheaper with a credit card than cash, and over a long term these tiny savings can add up.