Christmas is the season of sharing and giving, and with that, it is also the season of spending.
It’s the special time of the year when family and friends get together—no matter the distance—to partake of good food, give gifts and party the night or day away.
Unless you intended to do a “no-spend Christmas” this year, you most likely took out some money to pay for things. While paying with cold cash is practical, there are certain expenses that are more convenient to settle with credit card.
Some millennials may be reluctant to do this, considering that many of them hold no bank accounts or credit cards and prefer alternative financial products, according to a 2015 survey by cloud-based customer intelligence platform Vision Critical.
But GoBear, Asia’s first unbiased metasearch engine that compares loans, credit cards and insurance policies, argues that you can make life easier by using a convenient payment option when you buy and pay for things you need this season.
“Spare your cash for aguinaldos and use a credit card for major financial transactions so you don’t have to queue at the ATM or stress over packed crowds just to get cash,” GoBear said in a statement.
Here are four holiday scenarios where it’s better to go cashless, according to GoBear.
In essence, credit cards offer convenience, accessibility and rewarding experience.
If you want to find out the types of credit cards and look for the one that suits your needs but don’t have the time to go to several banks, visit www.gobear.com.phcredit-card to get started.
