It doesn’t matter if it’s your key to the online world of shopping or your emergency “stash”.From the Caribbean to China, a Visa Credit Card with Caribbean Union Bank brings you closer to the world and is accepted by over 29 million merchants worldwide. And in the case of an emergency, enjoy peace of mind knowing that you’ll have purchasing power, including a cash advance up to your credit limit.
In fact, let’s debunk some of those credit card myths right now!
Someone will steal my information. Owning a credit card is actually more secure than carrying cash. Think about it. With a simple phone call, you can cancel your credit card if it is lost, stolen or you suspect fraud.
I won’t be able to track my purchases. Wrong! If you’re one of those persons who tosses receipts with the trash, your credit card actually keeps a pretty accurate record of your spending history. In fact, this familiarizes the company with your spending habits which makes it easier for them to identify suspicious activity. Your credit card is also linked to your account, which means you can easily access your credit history through our e-Connect.
The interest rates are ridiculous. Once you clear your balance every month, there’s nothing to worry about. So if an emergency is the main reason for owning a card, then there should be no fees applied for not using it.
Cash is better to travel with. While there are still several advantages to using cash, owning a credit card offers more options for your money, and security. When travelling, if your cash is stolen or lost, that’s it. With a credit card, your mind will be at ease as you’re not travelling with a large amount of cash, and if lost or stolen, it can be easily cancelled and replaced – your actual money will be safe. And with the increasing number of ATMs around the world, you won’t have to worry about buying currency at the last moment. Actually, here’s a little tip: If you’re travelling and have saved up some cash for your trip, simply add it to your credit card. Once you stay within your limit of what you’ve saved, there’ll be no monthly balance to repay and you can collect rewards as well.
With three options to choose from, owning a CUB credit card is … the Better Way!