Tips on How to Use Credit Card Smartly
You need to be very smart when using a credit card. You can accrue benefits or losses depending on how cautiously or carelessly you use a credit card. There are people out there who use a credit card without getting into a debt trap, wonder how? Not to worry, we will guide you every step of the way. You can apply for a credit card online as well as offline at your convenience. You can find the best credit cards in India that suits your profile. After receiving the credit card you need to be very cautious while using it. Keep reading to know how you can use a credit card smartly. Top Tips on How to Use A Credit Card Smartly: Don’t cross the credit limit: It is advisable to not use a credit card beyond the provided credit limit. Maintain a good credit utilization ratio. The credit cardholder should not use a credit card more than 50% of the given credit limit. Utilizing credit cards more than 50% affects the credit score badly. Avoid default in credit card bill payment: Many pe...