4 Benefits Of Credit Cards

by Lauren Beichner

Marketing Specialist


Did You Know? 

83% of U.S. adults report that they have at least one credit card - Image

Explore Coastal's Credit Card Options

Why Are So Many People Using Credit Cards? 

Credit cards are an extremely valuable financial tool that may build or improve your credit when used responsibly. That means, spending within your means and paying your credit card bill on time to avoid paying interest and being in credit card debt. 

Whether you already have a credit card or you don't have one at all, it's time to learn the benefits of using a credit card versus cash. 

See How To Find The Perfect Credit Card For You

Four Advantages of Credit Cards 

1. Convenience 

Are you looking for the flexibility to make payments in-store or online? Then a credit card is exactly what you need. A credit card allows you to make purchases whenever and wherever (without having to carry a lot of cash with you). Gone are the days of having to go to the ATM constantly to get money out, with a credit card you have the convenience you need right in the palm of your hands. 

2. Credit Score 

Everyone is looking for ways to improve their credit score, right? RIGHT. When used responsibly, having a credit card can do wonders to improving your credit score. Factors such as the amount of debt you owe, your payment history, and the length of time that you have had your credit card can all impact your credit score. So, if you're looking to find ways to better your credit score, a credit card could be exactly what you need. 

3. Delay Payment 

Do you have a large purchase that you want to pay later on? Maybe it's a new TV or an updated couch. Whatever it is, sometimes you don't want to take a large amount of cash out of your account all at once to buy something, and that's perfectly okay! Insert credit cards. What's great about credit cards is you can make the payment at a later date. This can be very helpful if you have an emergency expense or a big ticket item to buy. 

4. Earn Rewards 

It's time to start rewarding yourself for the purchases you are making. That's right. We are talking about rewards credit cards. Certain credit cards offer rewards that allow you to turn your everyday purchases into either money and or discounts towards travel, shopping, or even cashback. 

Coastal offers a variety of credit card options, including a Rewards Visa® Credit Card for you to earn cash back each time you swipe your card. With a Rewards Visa® Credit Card, the more you buy, the more you earn

The Benefits of a Rewards Credit Card with Coastal

  • Redeem points for merchandise, travel and gift cards from popular brands
  • Use your rewards card at participating BP stations when fueling up and you can redeem your points for rewards at the pump. 2,000 points = $.50 reward per a gallon, up to 20 gallons!
  • Other benefits include Visa® Roadside Dispatch®* and ID Navigator Powered by Norton LifeLock™
Learn More About Coastal's Rewards Credit Card

Looking For More Information On Credit Cards? 

We care about bringing great financial education to our members. That’s why we’ve partnered with EverFi, a financial education leader to provide a variety of training modules. You can access modules and information anywhere you go!

Get Rewarded For Using Your Coastal Credit Card

Learn How To Manage Your Credit Card


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