Bank transfer, money transfer companies, transfer agents and credit/debit cards, all of these methods are used widely to send money overseas. As everything comes with several pros and cons, here are some basic advantages of using a credit card to send money to Ghana.
Is There Money Safety Involved?
With increasing crime rates, the number of thefts and money stealing has increased shockingly in recent years. Thereby, people consider carrying a credit card safer than carrying money. If cash is stolen, then there are negligible chances for its recovery but if your card gets stolen or lost, due to any reason, then you may block it immediately. Moreover, many financial institutes have implemented processes for finding and recovering lost cards.
What Are the Credit Card Rewards?
Credit rewards are given to people when they spend money using their cards. The rewards can be later on used to enjoy multiple benefits such as discounts at restaurants, or free tickets to movies. When you make an international transfer, using the credit card, it adds to your credit rewards.
Does It Offer No Interest Rates?
Sometimes, credit cards can offer you interest free-days, if you pay your bill before the ending of bill statement. In this way, you can easily send money to Ghana online, if you pay your bills a little smartly.
What is The Importance of Currency Exchange?
Credit cards are happily accepted in every country of the world. It doesn’t matter if you want online money transfer to Ghana, credit card transfers can automatically exchange the currencies of your payments. Some credit cards can also waive off the service charges for sending money online. If you choose your card smartly, you may enjoy different advantages of that.
What Are Credit Ratings?
When you send money internationally, by using a credit card, it increases your credit ratings, that can help you in getting several benefits from your banks such as loans and mortgage etc. The banks trust accounts with higher ratings because it shows the person as their loyal and regular customer.
What Are Chargeback Facilities?
The most notable benefit that you can avail by using a credit card to send money globally is that you can claim your payment back if you are not satisfied or happy with the services. That’s an edge that you can get only through a credit card transfer.
Can You Pay Later?
If a person has to transfer some money immediately, but due to whatever reason, there’s no much cash or savings in his account, then he can use a credit card for making a money transfer to Ghana. Credit cards allow their customers to pay when their bill statements arrive. Thereby, it can be a nice solution for covering up any urgent expenses.
Several efficient money transfer companies such as Ace Money Transfers can assist you in sending your payments internationally by using a credit card. So, use your credit card for the next transfer to avail all these amazing benefits.