Here's One Scenario Where BNPL Plans Make Sense

Here's One Scenario Where BNPL Plans Make Sense

You could swipe a credit card to rack up reward points. Or, you could use a "buy now, pay later" plan, or BNPL plan, and pay for your purchases in installments over a limited window of time. With a credit card, you accrue interest automatically if you don't pay off your bill in full (the only exception being if you have a 0% introductory interest rate on your credit card).