IELTS Writing Task 2 Sample 513 - Nowadays it is easy to apply for and be given a credit card

You should spend about 40 minutes on this task.

Nowadays it is easy to apply for and be given a credit card. However, some people experience problems when they are not be able to pay their debts back.

Do the advantages of credit cards outweigh the disadvantages?

Give reasons for your answer and include any relevant examples from your own knowledge or experience.

You should write at least 250 words.


Sample Answer:
Credit card or plastic money is a latest phenomenon and offer a very efficient way to do transactions without handling the actual money. The booming of baking sectors in recent years, on the other hand, has made it possible to apply for and get a credit card easily than ever before. While the credit card offers a risk free and convenient way of shopping or making any transactions, it has its demerits like becoming defaulter to the bank. My belief is that credit cards have far more advantages than the disadvantages it offers.

Initially, credit card is easy to carry and posses little risk of robbery and pick pocket. The security system of a credit card makes it virtually impossible for a thief to steal someone’s credit card and use it. On the contrary, carrying a large sum of money is quite risky. From this regards, plastic money or better known as credit card has made it possible to do hassle free transactions.

Secondly, by nature credit cards allows people to take credit from the bank and purchase their necessity from shops. From this perspective it offers a great economic freedom to people. Online shopping or ecommerce business has become so popular because of the online credit card transaction facilities. Many small online shops can run their business and get payment instantly only because of the innovation of credit card and online payment. A shop owner is no longer doing local business and his customers are coming from every corner of the world and thanks to the credit card for making this happen.

Finally, credit card allows banks to mobilize the money and this is quite an important aspect for the economic growth of a country. Think about the millions of transactions happening every hour via credit cards and its impact on mobilizing the money and that would allow you to fully appreciate the importance of credit card in global economy.
Undeniably there are some disadvantages of credit cards especially when people cannot repay the amount they have already spent or when they are hacked. However, this cannot degrade the usefulness of plastic money in the modern era. Banks should never grant credit cards to people with bad credit records or to someone who does not have an economic stability to actually afford it. In fact the credit limit imposed on every credit card actually does restrain people from being extravagant and become a bad creditor.

In conclusion, every technology has some negative aspects and that does not make the technology bad itself. Bank authority should make strict rules about allowing credit cards to someone, and people should be more frugal when spending money they are obliged to return. Credit cards have so many advantages that make our life easier while the negative impacts could easily be controlled.

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