A credit card has benefits that can help you during the coronavirus crisis, providing it is used responsibly.
Here are three ways a credit card could make things easier right now:
1. Get Financial Flexibility
Different credit cards have different benefits. Whether you need help with your day-to-day shopping, buying a larger purchase without paying interest, or getting cash into your bank account - You can find the right card for you.
Check your eligibility here: https://www.totallymoney.com/credit-cards/
2. Get payment protection
All credit card payments between £100 - £30,000 are protected by Section 75 of the consumer credit act. That means if the company you've purchased from goes bust, you can claim a full refund.
3. Get a better credit score
Using a credit card could improve your credit score. If you pay off your balance in full each month it shows lenders that you can borrow responsibly. For example, if you use a card for your weekly food shop, and pay it off straight afterwards, you don't need to worry about added interest of building up debt.