The best way to use your credit card:
Having a card is becoming more enticing. Credit card companies shower down you with a range of benefits, gimmicks and fringes. They offer you a lot of promos, sway you to join their loyalty programs, present you with interest free instalment plans and even persuade you to get another card from them even though you already told them that you have 3 or 4 more cards already. Their objective lens? To let you spend, spend, spend
Credit card companies do not earn much from yearly fees emotional to you. Where do they earn big big money? The big bucks come from matter to earned on money lent. And when I say big, I mean BIG This is the reason why they are very well-chosen if you only pay a allot of what you expended so that the odd balance will be subject to business enterprise rates.
The best way to maximize the use of your card is to treat it like cash.
This is how you do it:
I am sure, most of you have two or more cards, say MasterCard and Visa.
With these two cards, you can buy whatever you want, whenever you want.( Of course, you must have the condition to do this) You charge almost everything there: groceries, shopping, dinner and amusement, jaunt, medicines, and even infirmary bills. Even if you have a bill that runs as high as 10,000 a month, you can still pay it in full.
Just do the following:
When you go shopping, you use your card. When you strain home, you pay what you shopped in your quot;credit card bulge quot;(You can use any small bag or pouch for this). Inside the bulge, have a moderate paper particularization the number and the merchandiser of your dealings. When your bill comes, just out from your moderate wallpaper your paid entries.
Simple and easy
The benefits:
When the huge bills come, you would not have a trouble paying these because the money is gear up. Because you pass a lot, the cash money interior your card bulge is huge, therefore, in case of emergency, you have money to spare. You can take up from your quot;credit card fund quot;(just list down what you borrowed), and pay it back right away, of course, with no interest. You can do this even to pay your bill(Assuming you have two cards: Mastercard and Visa. If your Visa card is due, and you still have some volunteer bills from it, you can adopt from your MasterCard quot;payments quot; which is also in your credit card bulge. Just make sure you pay it right away) You can earn a lot of points because you use your Customised Flashpay card on a regular basis. Points can be converted to mileage or repay points You will be considered a worthful credit card bearer because you always pay in full and on time. Given this, you may be offered more perks such as waiving of your yearbook fee and some other precedence benefits.
With these, your card company is not using you to earn money, simple fact is: you are using them
