About Credit Card

[Ivan James]

Hey guys I just received my first credit card. I have no idea what to do with it? What to avoid? Now I heard about points you gain when you use it, since I am booking a flight from Bangkok to Cebu I am thinking of using it. Now I wanna ask, what should I avoid so that i cannot misuse this card? Also, I don't have the slightest idea when should I pay? When does it become installment and when does it become straight. I wanted to avoid installments as much as possible. Any advice, words? Thanks

[ace101]

Be conscious on the total charges on your credit card cause every month you have to pay in full your credit card bill to avoid interest rates. Set a maximum limit you spend on a monthly basis that fits the amount you can pay in full. Youll receive your bill also monthly with due date. Every purchases are straight purchases unless you specify otherwise.

[Ivan James]

Be conscious on the total charges on your credit card cause every month you have to pay in full your credit card bill to avoid interest rates. Set a maximum limit you spend on a monthly basis that fits the amount you can pay in full. Youll receive your bill also monthly with due date. Every purchases are straight purchases unless you specify otherwise.

Boss, when does it become an installment? The bank specifies it or the card holder or is it the establishment where I made my purchase?

[Htennek]

Boss, when does it become an installment? The bank specifies it or the card holder or is it the establishment where I made my purchase?

It would be the card holder. It will only be an installment if you say so when you make the purchase and if installment is available.

[Pomed1984]

Nice to hear that from you. Actually, you can make purchases with your credit cards, but you should stick to buying items that you need instead of buying those that you want. And you can also buy luxury items with credit cards which is one of the easiest ways to get into debt. If it is something that you can live without you should avoid charging it. Take time to read this very helpful info for you https://www.ecomparemo.com/info/4-cl...ard-debt-fast/

[Ghadz]

just pay before due date....

[annagreenang]

Nice to hear that from you. Actually, you can make purchases with your credit cards, but you should stick to buying items that you need instead of buying those that you want. And you can also buy luxury items with credit cards which is one of the easiest ways to get into debt. If it is something that you can live without you should avoid charging it. Take time to read this very helpful info for you https://www.ecomparemo.com/info/4-cl...ard-debt-fast/

Thank you for sharing the helpful info.

[fireboy1337]

Remember, the most important thing is to pay on time. Often the deadline for payment is specified in the contract, but if this is not there, then you have time until the end of the month. If you do not consolidate everything within a month, then you will start to accumulate interest. The longer you don’t pay, the more interest you accumulate. There is also a myth that credit history depends on what you buy. In fact, this is nonsense .. You can buy anything from food to weapons, the main thing is to pay your bills on time (and to make purchases legal). I also decided to get a credit card and chose the nedbank gold credit card. I have not been using it for very long, but so far I am satisfied with it. I think if I pay everything on time, then I will not have any problems in the future ...

Yeap, You are absolutely right

[Alexander Richardson]

I don't need any credit cards. I had my own business once, but it ran bankrupt during coronavirus as everything was closed and people simply had no money. Now that I got hired at a job and started playing in casinos https://canadagamblers.com I feel much more independent with money and can decide what game to play to win faster.