Protecting Your Accounts
One nice thing about using a credit card is that it keeps an electronic record of your activity. This comes in handy when you want to track your spending to stick to your budget, but also when something goes wrong—say, your card is lost or stolen.
Credit cards have a few built-in protections that cash (or checks) don’t. One of these is fraud protection; most cards won’t hold you accountable for purchases made with your card by someone other than you. Plus, it’s much easier to call and cancel or freeze a credit card than it is to cancel checks and change your bank accounts, or bid adieu to your cash for good.