Who qualifies as a convenience user?

A convenience user is someone who takes advantage of the benefits of using a credit card without incurring interest charges. This typically occurs when a cardholder pays their balance in full and on time each month. By doing this, they avoid interest fees while enjoying the benefits of credit card use, such as rewards points or cash back, as well as the convenience of not needing cash for purchases.

In contrast, those who incur interest on outstanding balances often carry debt and are not considered convenience users. Those who primarily use cash or frequently delay payments may not gain the advantages associated with credit card use, and they also miss out on the positive financial behaviors that define a convenience user. Therefore, the definition of a convenience user clearly aligns with the profile of a cardholder who consistently pays their balance in full and on time.