카드 현금에 대해 물어봐야 할 10가지 질문
The invention of credit cards was a giant leap forward for humans. People all over the world use their credit cards for all forms of purchases and payments. The credit cards give the people, the freedom of buying what they want, and never have to depend on their bank balance. Credit cards are used by a myriad of people in cities and towns around the world. It is a fact that a charge card could be a boon in addition to a bane simultaneously.
At times, people have no idea how exactly to effectively manage their bank cards. Because of this ,, their credit history is severely affected and they find it hard to obtain financial the help of banks and other lenders. In order to make sure that your credit score is not affected, you must effectively manage your cards. You have to be careful about making payments and using the card for any purchase.
When you make your credit card payments on time, your credit history improves and you will obtain higher amount of credit. On the other hand, if you neglect to make the payments promptly, your credit history is negatively affected and you may not get any more credit from financial institutions. Below are a few important tips which can only help you in effectively managing your bank cards:
1. Plan your purchases
Before purchasing or buying any product, determine if it is essential to buy it. 카드깡 must make a list of your priorities and stick to that so that you could arrange for the amount of money had a need to pay your credit card bills. At 현금화 of time, make certain you usually do not purchase something too expensive as it will make you cross your monthly budget or the borrowing limit on your card.
A good way of way of planning your purchases would be to make a grocery list. At the beginning of the month, make an effort to make a list of things you need to get with the card and adhere to that list as much as possible.
2. Check your statements
Check your statements on a monthly basis as the statements will assist you to understand your spending pattern. Based on your observation, you can test to avoid unnecessary purchases. Also, checking the statements will let you in knowing the minimum payment due for a specific month, to be able to make that payment promptly and prevent extra charges or fees.
You can actually check your statements online, and you can also use your smartphones to help keep a track on your card usage. Mobile alerts can be very helpful in making certain you do not find yourself paying more than everything you are supposed to, by using your credit card for any transaction.
3. Try to make full payment
Try to make full payments, whenever you can. Once you pay your bank cards in full and within the due date, you do not have to pay any interest on the billed amount. Besides, paying the credit card balances in full will help in improving your credit score. Even if you are not able to pay your charge card balances in full, you should always make sure that you pay the minimum amount due, within the due date.
Apart from saving a large amount of money on interest, you will also be able to improve your credit score and increase your chances of obtaining more credit down the road.
4. Keep a tabs on supplementary cards
Sometimes, you might your investment proven fact that you have provided supplementary cards to your loved ones members and these cards are associated with your charge card account. Just how these cards are employed can have an impact on your charge card account. Hence, you should keep a track in it and also make sure that the transactions completed with them are covered within the payment deadline.
Besides, you also need to keep a an eye on these cards to enable you to ensure that the borrowing limit of your card is not exceeded. If it’s exceeded, you’ll be paying an over limit fee and other hefty charges.
5. Look out for promotional offers
Why pay more when you’re able to obtain the same product by paying less? Be considered a little smart when working with your plastic money and ensure that you utilize the selection of offers and promotions supplied by the card issuers every once in awhile. These promotions can provide you with access to discounts, deals and privileges across different segments such as dining, travel, shopping etc.
You can not only save money through these promotional offers but you can also enjoy various other exclusive privileges that will enhance your connection with using a charge card. Ensure that you always go to a website to purchase information regarding such promotions to help you take full advantage of them.
6. Make multiple payments in per month
Do not just limit yourself to making a single payment within the payment deadline every month. Instead, try to make multiple payments even if you pay small amounts. It has been observed that the credit card issuers and the credit bureau tend to send payment reports more often than once every month, if there is many payment activity within an account.
When you make multiple payments you make sure that the large amount of positive information about your charge card usage is being delivered to the credit bureau and in the process your credit score will get a big boost. For example, if the minimum payment due for the month is S$1500, do make a payment of S$1500 and apart from that also make other amounts in exactly the same month.
7. Avoid cash advances
You will end up given the feature of withdrawing cash with your credit card but you should avoid utilizing this feature. Once you withdraw cash together with your card, you may be charged a advance loan fee and you may also not get any interest free period to make the payment.