Advantage II: “Real” credit card with payment term
Most single credit cards are a “real” credit card. This means that for the expenses you make through the card, the bank will first pay in advance and will then provide you with a monthly billing statement listing all sales.
For example, with the Barclaycard Visa, you have 30 days from the date of invoicing to pay all or part of the amount. If you balance the whole amount, there will be no interest.
But you can also only offset part of the total. Please note, however, that if an amount is still outstanding after 30 days from the date of the invoice, high interest will be charged from that date. By comparison, in the case of a checking account with a credit card, debiting of the amount from the account takes place either directly or once a month.
Advantage III: Does your current house bank offer these services free of charge?
The following extra services are for example included with Barclaycard:
Cash can be drawn free of charge throughout the world
also in foreign currency (Switzerland, USA, Great Britain etc.) without additional fees
the credit card is equipped with a chip for contactless numbers (works eg also at Aldi)
a 24-hour emergency hotline provides you with cash in difficult situations etc.
Online purchases are insured if they are not delivered
Robberies at the ATM are also insured
All these advantages can be used completely free of charge with the Barclaycard Visa and with a good payment history and direct settlement of the accumulated bills even completely interest-free.