In this Internet age, it is a necessary to have a debit or credit card with us.  There is merits and demerits in having a credit card.  I would like to point out some of the usages of debit or credit card.

1.  To book your train or flight ticket.  In the comfort of your home or office, you can book and purchase a train ticket or flight ticket using the credit or debit card.

2.  Paying your electricity bill.  Using credit card or debit card, you can pay your Electricity bill online.

3.  Paying your tax online made possible now by using credit card.

4.  Online shopping: You can purchase standard items which does not need your inspection like books, music etc.

It is very convenient than normal cash.  Shop on internet, make hotel reservations and pay your bills over phone, Book tickets over phone etc are made possible by Credit card.  Where personal cheques are not accepted or instant payment is to be made, Credit or debit card comes for your help. 

Credit or debit cards are quicker and cheaper to use than the cheque  book.  It is useful for everyday expenses and can be used over phone and internet.

You don't have to settle the bills immediately, If you can use credit cards to cover your expenses. You can utilize the benefit of interest free period up to 30 days.

While traveling to other countries, you can reduce the amount of foreign currency to be carried along with you by using credit cards.

It will help you to monitor your expenses according to the credit limit.

Credit card company provide you a list of expenses each month. Some companies issue an itemized bill for their customers. It is not necessary for you to record all transactions yourself.

It offers the facility to withdraw cash from ATM machine in the midnight.

Earlier we need to stand up in the queues in the bank to withdraw cash to be used in our day to day expenses. Debit and credit cards made transactions easy and fast.

It also reduce problem of the counting and keeping the cash with you while traveling.

Different credit card companies comes with many facilities.  Almost all banks now a days issue their own credit cards and debit cards for their customers.

There are many set backs and pitfalls in keeping a credit card with you. Owing to the fact that, we cannot completely avoid credit cards from our day to day life. Shortly credit cards and debit cards are become life blood of modern society.