How to get a credit card in East Africa Tips

A credit card could be a flexible and perfect way of borrowing money, which lets you make purchases that you can pay for in the future.

Before you read how to get a credit card in Kenya, it is vital to be alert of the potential costs and make sure that only borrow what you can afford to pay back. To get the most out of your credit card it is vital you are capable to meet your payment dates and perfectly pay in full every month.

Here are some of the advantages of credit card and how to get a credit card in Uganda:

A credit card is safer than carrying cash

While there is only a little chance of having stolen or lost cash returned, a credit card can fast be cancelled if you lose your wallet. Most financial institutions also have security processes in place to save you if your card has been stolen or lost or if you suspect your account has been used for a fraudulent transaction.  If you are in any of these conditions, ensure to contact your bank to report the problem as soon as easy.

A credit card can build your credit rating

Your credit card account details and payment history make up an important part of your credit score. If you keep your account in best standing, this information will help you build a best credit score, which would raise your chances of approval for other items such as mortgage or car loans.

Earn rewards points when you spend

Rewards and airline credit cards permit you to earn reward points on every dollar you spend on eligible purchases, such as the gas and groceries costs. Reward credit cards let you earn reward points to redeem with the banks rewards program for perks including flights with partner airlines, items from the rewards store or cash back.

Travel reservations and insurance

In today’s online age, reserving your flight or booking your hotel stay generally needs a credit card to complete. If you do not have one, you may find it difficult to make your travel itinerary. Also, most travel credit cards come with a big range of insurance and coverage choices, including lost luggage, travel accident insurance, car rental collision damage waiver, trip cancellation and more.

Leave a Reply

Your email address will not be published.

Business

Learn How to Find the Best Prices for Buying Testosterone Online

Welcome to our comprehensive guide on finding the best place to buy testosterone! Testosterone is an essential hormone that plays a crucial role in developing and maintaining various aspects of our health. As we age, testosterone levels naturally decrease, leading to various health challenges such as loss of muscle mass and strength, decreased bone density, […]

Read More
Business

Digital Marketing Agency: The Key to Building Your Brand

Trying to differentiate yourself is a must for today’s businesses.  As a way to achieve this imperative that you create a brand that resonates with your target audience and is tailored to your business.  Digital marketing agencies are here to help. A digital marketing agency can help you build your brand by providing comprehensive services […]

Read More
Business

The Benefits of Switching to Vaping from Smoking

How to vape has become increasingly popular in recent years, especially among young adults and teens. In fact, according to the Centers for Disease Control and Prevention (CDC), the number of high school students who use e-cigarettes tripled between 2013 and 2014. While some people view vaping as a safer alternative to smoking, there are […]

Read More