ankush

 **Understanding Credit Cards: How They Work, Benefits, and Best Practices** In today’s financial world, credit cards have become an essential tool for many consumers. Whether you're buying groceries, booking travel, or managing unexpected expenses, a credit card can make life easier and more convenient. But with great power comes great responsibility—it's crucial to understand how credit cards work, their benefits, and how to use them wisely. ### What is a Credit Card? At its core, a credit card is a financial tool that allows you to borrow money up to a certain limit (called the credit limit) to make purchases or withdraw cash. Unlike a debit card, which draws funds directly from your bank account, a credit card offers you a line of credit that you can pay back over time. Credit cards are issued by financial institutions (banks or credit unions), and they come with various features, such as rewards, introductory offers, and other benefits. ### How Do Credit Cards Work? When y...