Credit card is a convenient financial product that can be used for everyday purchases such as gas, groceries, and other goods and services. It can also be a great resource for purchasing big-ticket items such as TVs, travel packages, and jewellery because the funds for these items are not always immediately at our disposal. Beyond convenience, other advantages of credit cards include providing cardholders with the opportunity to build credit, earn rewards and cash back, and protect against credit card fraud.