Why does a credit card come in handy?
Suppose your smartphone gives up the ghost and you need to replace it fast, but you realise buying a new one will seriously eat into your budget. Or you’re just about to book a trip and the hotel asks you to put down a deposit in advance. And what if you really need a new washing machine but prefer to pay for your purchase later. It’s in situations like these that it’s useful to have a payment method you can rely on, such as a credit card. Read on to see when a credit card really proves its worth.
Having to buy something at an inopportune time
Something broken down or had to make an expensive purchase when it was the last thing you needed to do? When you have a credit card, you always have a small financial buffer available to cover unexpected purchases. What you spend on your credit card during the month is not debited immediately from your account. Instead, it’s settled automatically the following month.
If you need more time to pay back what you spent, that's not a problem. You can always spread paying off what you owe over several months by linking the KBC Brussels Flex Budget to your credit card.
In an emergency situation
What happens if there’s an emergency and you need money right away, but you don’t have enough funds on the account linked to your debit card to deal with the situation? When unforeseen situations arise, such as medical emergencies or urgent travel needs, a credit card can save the day.
You want to better manage your budget
When you apply for your credit card, you can choose a spending limit. It means that it’s you who determines the maximum amount you can spend each month with your card, which gives you more control over your budget. It’s important to remember that the limit has to be approved first.
Other payment cards are not accepted
When booking a hotel or renting a car, a credit card is often requested as a guarantee. Merchants do this to make sure they can charge for any damage or additional expenses. They first check to see whether there are sufficient funds available on your card. If there are, the payment goes through and the credit card serves as a guarantee.
You want to pay with peace of mind
Whether you’re paying online or in-store, using a credit card protects you from fraudulent activity. You can also link optional fee-based insurance packages to your card that are suited to your lifestyle and the things you purchase. For example, you can add insurance cover to provide extra protection for your purchases or to safeguard your travel plans.
If you’re someone who loves exclusive experiences and offers, such as having access to airport lounges throughout the world, you can link a luxury package of services to your credit card.
Want a solution you can count on at all times?
Additional information
Good to know
The KBC Brussels Credit Card is a credit card issued by: KBC Bank NV, with registered office at Havenlaan 2, 1080 Brussels, Belgium. VAT BE 0462.920.226, RLP Brussels, FSMA 026 256 A.
The KBC Brussels Flex Budget facility is an open-ended credit facility linked to the KBC Brussels Credit Card and used as an additional means of drawing credit.
Lender and card issuer: KBC Bank NV. Subject to your card or credit application being approved by KBC Bank NV.
Your intermediary is the first point of contact for any complaints you may have. If no agreement can be reached, please contact KBC Brussels Complaints Management, Brusselsesteenweg 100, 3000 Leuven, complaints@kbc.be, tel. 016 43 25 94 or ombudsman@ombudsfin.be, www.ombfin.be. This does not affect your legal rights.
