Credit Cards and Cash There is very importance of money in our life. “When you have money in hand, only you forget who you are. But when you do not have any money in your hand, the whole world forget who you are”. This is the saying of a famous US Microsoft founder “Bill Gates”, from which one can easily understand the need of money in life for living and simplification. Among the different forms of money for financial transactions, Credit cards and Cash are the two major types. In spite of being both money, they have differences too. The differences between these two can be related as the advantage of one and disadvantage of others. Using of credit cards offers credit rewards like certain percentage of cash back which is not possible through the use of cash for transactions. Credit cards are more convenient than cash, as one can do online shopping using it while cash has disadvantage over it. Credit cards provides more security than cash. Use of credit card might require a signature and a PIN while for the use of cash nothing special is needed so if stolen cash draws more disadvantages over security. The loss of credit cards does not affect much as we can easily stop the use of that card and apply for the next card just by informing the bank. But if cash is stolen then one needs to rush to police station and needs to write a report of theft. Carrying a credit card, no one will know the amount of money you are carrying so even less chances of steal. Using credit cards for payment will even save time. If one pays using credit cards then he or she does not have to wait for exchange like for cash. Use of a credit card builds a credit history. Creating a good or excellent credit history makes positive impact on job, asking loan with bank or buying house, car etc. if one cannot afford at once. If a person got some serious health