There are of course certain risks involved in having a credit card, and it is definitely not for people who are spendthrifts or who have difficulty saving money. However, if the person is careful and cautious with finances, and can be responsible enough to manage his funds, then owning a credit card, such as a Providian card may prove to be beneficial and advantageous.
People who have Providian credit cards are definitely at a clear advantage over those who do not have any credit card. There are a lot of things that Providian extends to its customers and cardholders, including considerable discounts at restaurants and food outlets, but most especially a direct access to the all important FICO credit ratings.
Aside from affording its cardholders with discounts on the food they eat at restaurants and food outlets, the Providian card also give reward miles to frequent airplane riders and even outright discounts from air fares. This directly translates to better flying mileage for cardholders and this is a great way to maximize the use of these card.
The Providian credit card is also an excellent way to confirm your identity. It is a very authoritative identification system of your person as well as a solid proof that you are very much qualified to purchase and transact business through credit financing. This gives you wider latitude in dealing with day-to-day business and gives you enough credibility to other people.
Other valuable advantages of possessing a Providian card is the ability and qualification to apply for a housing and renovation loan, an automobile loan and other major loans which would require you to confirm a good credit standing or a viable credit limit.
Of course, instead of traveling with a huge stash of money with you, it is more convenient and safer to travel with your Providian card. You would be relatively safe against thieves and other petty criminals with your cash kept safely in your bank and with only your card in tow. But you must also remember that in case your card gets stolen or is lost from your possession, you have to immediately report about it to the nearest Providian office, or you may opt to get in touch with the same via the Internet doing online transactions.
In relation to your Internet transaction with providian, you can also check, verify, or inquire about almost anything related to your credit card, such as to which establishments and locations your Providian credit card may be used.
There are various reasons to always keep a Providian credit card with you. One is that you can purchase items from any location and airport stopover shop without the need to exchange your money with other currencies. The card can also be easily replaced once it is reported to have been lost or stolen, unlike cash, where it is lost forever. these card could also serve as a valid identification as back-up to your regular identification cards.