Credit Cards are a great safety net when you’re hard-pressed on your finances. Here’s how you can maintain your peace of mind in 5 simple ways:
Deciding on a new card? Count to ten.
There are pretty good chances you have an influx of great Credit Card offers given your solid Credit score – you are after all a responsible user and deserve much more. However, take a second to gauge the need for a new card and make sure it offers you new features you don’t already have on your existing one. Essential mantra.
Want to build trust? Standout always.
And by standing out we mean making sure you ensure zero outstanding balance. This way you build trust with your lender. Maximize your interest-free grace period, when you’re allowed a few extra days to get organized with your monthly repayment. Avoid spilling over because this allows you maximum breathing space! Keep cool.
Love the sunrise every day? Stay punctual.
Just like we all take somethings for granted, your unflinching regularity can build a strong foundation with your Credit Card company for any future financial plans you may have. Keep an eye on the calendar and make sure you set reminders to keep you alert on the Credit Card deadlines just in case you may need one. Eyes wide open.
Like stating the obvious? Double check!
Keeping a close track of your Credit Card statements is always a good practice. This way you can instantly spot discrepancies, like being billed twice for the same purchase. Being particular about little details can save you a lot of unnecessary hassle in the long run, if ever there is a blooper in your Credit Card statement. Always alert.
Hungry for that extra brownie point? Wait up!
It would be unfair not to want the amazing incentives your Credit Card offers like free air miles or redeemable points at stores, right? While you should make the most of the advantages your Credit Card has to offer, maintaining a zero outstanding balance can be a challenge. So when you’re swiping your plastic, make a quick note-to-self reminder of the expenditure so it doesn’t slip your mind. Now work that appetite!