Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
Re: What are the benefits of having a charge card? Am I missing something?
The benefits are numerous. One, you build your credit. Also getting history with Amex will allow you to get their revolvers with a lower fico than otherwise. Two, all sorts of protections on purchase vs paying cash/debit card. Check them out. Three, you get reward points that few debit cards have these days. Four, while you can't revolve your balance, it should help with budgeting within the month