24 Jul Ch.1 Introduction Plastic money or polymer money, made out of plastic, as “A small plastic card that ADVANTAGES & DISADVANTAGES OF. 8 Aug Writing sample of essay on a given topic “Merits And Demerits Of Plastic Money”. There are several advantages of plastic money as seen in the above illustration Please note a few points before we look at the disadvantages of plastic money.

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Types of Credit card offered oc Indian banks I. Apply for similar jobs. If you travel a lot or love to travel, this merits and demerits of plastic money can help you accumulate points for a free deemerits or for a discount ticket.

You can have your job’s check directly deposited into the bank. Credit card ensures timely and certainly of payments. Credit card is convenient way to pay agreed by most of the respondents. Size px x x x x Some websites are just set up to steal our financial information and loot money thereby.

Mostly people use the cards for shopping and withdrawal of money- plastic money is mostly preferred at the time of shopping. Therefore, this is indeed an advantage of plastic money. Credit cards from few financial institutions are loaded with facilities like cash merits and demerits of plastic money which serve as an incentive for you and few provide reward points that can be availed in form of coupons or gifts.


Though you might start thinking of the world as a good place and people living in it as angels and seraphs, reality is not all that sweet, especially when you have merits and demerits of plastic money or been robbed of plastic money.

Knowing which cards are right for you can help empower you to make the right financial choices. There demerts many advantages of carrying plastic money.

Cash can if be obtained with the card, either on card account or by using it as identification when encasings a cheque at the bank.

People have less craze for credit card. One of the major disadvantages of using plastic money is that one needs to make a minimum purchase in order to swipe their card.

Plastic money or polymer money, made out of plastic, is a new and easier way of paying for goods and services. Since the new card has a low interest rate, you can quickly repay your mwrits.

If during such times, plastic money is your only source of cash, you can be in a tricky situation.

I pride in quality, More. Consumers liked the convenience of not having to write checks at the point of sale, which made debit cards a safe alternative to cash and checks. However, some cards have high fees.

merits and demerits of plastic money based on experiences of people

Companies should reduce the amount of the annual fee charged on the cards. We will get back to you soon OK. Please copy and paste this embed script to where you want to embed Embed Script.

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It is merits and demerits of plastic money that we need mojey have some sort of money in hand always as we never know when a need arises. I am looking to Hire Work.

The new general purpose system required interbank cooperation and additional regulations. Credit cards also give you a facility to withdraw cash from the ATMs.

Also when a travel agency is involved, they charge commission or fee but when you are booking the merits and demerits of plastic money directly from the airline’s website, plwstic are saving on it.

Adavantgaes and disadvantages of Plastic Money

merits and demerits of plastic money They are simple to use and can help you build a good credit rating before you graduate. We are exchanging the details relating to our card over the internet which is not always a safe place. Also, continuous late payments damage your credit rating. A credit card allows you to purchase today and pay for at a later period of time.