Weigh the advantages and disadvantages of owning a credit card, before signing up for one! WHY YOU MIGHT NEED IT Here are some of the convincing points that highlight how useful owning a credit card is: 1. Practical for Globetrotters Singaporeans desire to discover the world’s wonders beyond its concrete jungle. As travelling became increasingly convenient nowadays, there are several options for payment. One is through credit. There are three primary reasons why travelling with a credit card is practical.