Credit Card is life-saving? Yes In some cases it is life-saving but if you are someone who is limited to the resources of payment and thinking it will help your life, Then you are wrong my friend.
Introduction of Credit Card has been always shown as life-saving, but in some cases, it has been life destroying. Making the person pay huge interest on the credit amount.
But If you are stable enough to handle the EMI and the interests you are pretty much okay with a credit card as it helps to save you bucks sometimes with great offers and deals and some providers so provide No interest EMI which will be like a cherry on top.
The main benefit to the cardholder is convenience. Compared to debit cards and checks, a credit card allows small short-term loans to be quickly made to a cardholder who need not calculate a balance remaining before every transaction, provided the total charges do not exceed the maximum credit line for the card.