5 credit card perks to save you money



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5 credit card perks to save you money

(Editor's note: This article was exclusively written by MoneyMax.ph, the Philippines' leading website for comparing financial products and services, for ABS-CBNnews.com. Find out more at MoneyMax.ph.)

MANILA - There are 7 million credit card holders in the country. Relative to its population, the percentage of Filipinos using plastic is below that of its Southeast Asia neighbors. This shows that people are still hesitant to make the move from cash to card payments.

With the high monthly interest rates and annual fees ranging in the low thousands, many still prefer to pay in cash. However, when used right, and if you pay the full balance each month, credit cards actually save you money.

Check out these 5 credit card perks to save you money:

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