In a blog post from Bitpay, it was explained that in countries like India, Brazil, and China,
traditional credit cards often aren't so easy to get, so Bitcoin serves as a popular alternative.
In addition,
traditional credit cards often offer free foreign transaction fees.
Not exact matches
However, rewards
credit cards often carry higher interest rates and fees than
traditional cards, so they don't make financial sense for everyone.
Small businesses are
often in need of quick capital that can't be accessed through
traditional bank loans or
credit cards.
Debit
cards or
often considered a hybrid payment tool because it is accepted like
credit card at
traditional and online retailers without the need to make a monthly
credit card payment.
However, a home equity line of
credit often comes with a much higher
credit limit than
traditional credit cards as well as a lower interest rate over time.
Where a
traditional loan (think of a car loan) has a fixed payment and a fixed repayment period (
often 5 to 7 years), the repayment of a
credit card has a varied payment and fluctuating repayment period.
Often, a person who can not obtain approval for a
traditional credit card can receive a secured
credit card.
Credit -
card issuers, car - loan lenders and more mortgage lenders
often approve applicants with
traditional FICO scores above 620.
While this particular type of
card benefit is not widely advertised, and
often secondary to the
traditional rewards
card perks a
card offers,
card concierge services may be worth exploring if you're seeking a more personalized
credit card user experience.
With an alternative loan from any of these companies, you can secure a fixed rate loan,
often at a much lower interest rate than your
traditional credit card would offer, and guarantee that your payment will remain the same each month.
Traditional payment methods such as
credit cards and PayPal are
often used by criminals and hackers, even for smaller purchases such as a Humble Bundle.