If you spend with a credit card, you can take advantage of numerous benefits, including one-time bonuses, cash-back, rewards points, and travel miles. Debit cards, on the other hand, do not offer such incentives. When you use a credit card to purchase products and services—and you get a bonus or cash-back for doing so—you spend less, as the bonus money or cash-back can be automatically used to cover purchases, either entirely or in part.
But cash isn’t the only reward cardholders can receive. There are also cards that utilize points systems, and a cardholder can spend gained points on travel, gift cards, and merchandise. Then there are cards that offer free travel miles as a reward for spending, and once a cardholder saves up enough of these, they can use them to cover the cost of airfare, hotels, etc.
In short, using a credit card can get you more bang for your buck, especially if you use the card responsibly. And if you can get a card that doesn’t have an annual fee, that’s even better.