What does a credit card allow you to do?

A credit card allows you to borrow money from a financial institution to make purchases or pay for services, up to a predetermined credit limit. It enables you to manage cash flow by allowing you to pay for items now and settle the balance later, often with the option to pay in installments. Additionally, credit cards can offer rewards, cashback, and benefits like Travel Insurance or purchase protection, enhancing the overall value of using them responsibly.