Tips of using credit cards to maintain your credit card

Tips of using credit cards to maintain your credit card include paying more than you pay, making use of the repayment cycle, reasonable allocation, etc.

The most common way for cardholders to maintain their credit cards is to maintain two credit cards with one card. Generally, there are the following tips for maintaining two credit cards with one card:

1) Utilize the repayment cycle: Use two credit cards to support the card. Users must make good use of the repayment cycle and try to choose two credit cards with a larger repayment cycle, so as to extend their interest-free repayment period. , for example, card A pays off on the 4th of every month, then card B can choose a credit card that pays off in the middle of the month or at the end of the month.

2) Reasonably allocate the number of card swipes and the amount of the two cards: When using two credit cards, the cardholder must use both cards at the same time, and both cards must be swiped enough times to increase the number of swipes. When it comes to the chance of a limit increase, never just swipe one card and leave the other card alone.

3) The normal routine of maintaining a card is to pay for more and pay for more. Pay for more by dividing the money and pay it back into the credit card. The more you pay is the number of transactions. The type of merchant is that you have to diversify your consumption every month. , for a 2W card, you can spend the 2W in 15 times, and then split the amount to get out the amount. Of course, it is best not to enter and exit in seconds. The specific method depends on the individual's different funds.

In short, it is also very important to maintain a credit card and choose a card. After all, maintaining a card is not a matter of skill. Only by choosing the right credit card that is suitable for maintaining a card will it be easier to maintain the card. If you choose to increase the limit faster, It is not cost-effective to maintain a credit card that is slow and has a low limit.

1. The following are several credit cards recommended by netizens:

1) CITIC Yan Card: This card is a gold card, and the application threshold is not very high. If you have good trust and a stable income, you can basically apply for the card, and the maximum limit can reach 50,000 yuan.

2) ICBC World Struggle Card: This card is divided into three levels: regular, gold, and platinum. You can apply for credit cards of different levels according to your actual situation. It is easier to apply successfully, and it is easier to increase the limit. .

3) China Merchants Bank YOUNG Card: This credit card is easy to apply for, and fresh graduates can also apply for it. The limit can be increased quickly, making it suitable for card maintenance and credit accumulation.

4) Ping An Car Owner Card: This is a card suitable for car owners. As long as you meet the prescribed consumption limit, you can enjoy discounts on refueling, so it is more suitable for car owners to maintain the card.

5) Postal etc card: This card can offer up to 12% discount on etc, and the credit limit is high. As long as it is used reasonably, the credit limit can be increased quickly.

How to use two credit cards cleverly?

First of all, a reminder, don’t try to exchange cards for cards. This is the most important thing to do, because this operation is equivalent to pouring water into a bottle with holes, which is not a long-term solution.

However, it is completely possible to use credit cards to manage finances reasonably. Today I will introduce it. This is not a copy of other people’s answers, but my personal experience.

First, understand the two concepts. Credit cards have a billing date and a repayment date, usually 20 days apart (this period means you are enjoying an interest-free loan from the bank). If on July 1 If you keep the account number, it usually needs to be returned on July 21st. This is the basis;

Secondly, credit cards are settled based on the billing date and repayment date, not the first one in the natural month. , so customers have the opportunity to use a long interest-free period. The minimum interest-free period advertised by the bank is 20 days, and the maximum is 50 days. This is how the interest-free period is generated. For example, for a card, the bill date is the 5th and the repayment date is the 25th. Then if you swipe your card on June 6, it can only be credited to the bill on July 5, and then repaid on July 25. In other words, you can use the bank loan interest-free for this consumption from June 6 to July 25. ***50 days;

Third, use the above interval between the billing date and the repayment date, plus if you have two to three credit cards, you can reasonably arrange the repayment Stress breakdown, for example, you have three cards:

Card A has a bill date on the 10th and the repayment date is the 30th;

Card B has a bill date on the 20th and the repayment date is the following month The 10th;

C card bill date is the 30th, and the repayment date is the 20th of the following month.

Then in January, if you swipe card C from the 1st to the 10th of the month, card A from the 11th to the 20th, and card B from the 21st to the 30th, you can effectively alleviate the shortage of cash.

Of course, using a credit card ultimately requires repayment, so although there are ways to manage your finances, you must also live within your means and balance your consumption.

How to repay each other with two credit cards without incurring interest

1. In fact, it is possible to repay each other with two credit cards, but it requires a certain cost, such as Fees, interest, or certain risks. There are three ways to repay each other with two credit cards:

1. Withdraw cash from the credit card and repay. You can directly use the limit of one of the credit cards to withdraw cash at an ATM or over the counter for repayment. This is a more formal way of repayment. After 30, a handling fee and a daily interest of 0.5% will be charged. As for the specific handling fees, each bank is different.

2. Help others to repay by swiping their cards. Actually, this is a very simple method. It is to use another credit card to swipe the card for a friend, so that the friend can pay himself in cash. After having the cash, he can return the other credit card. This method is suitable for repayments of smaller amounts.

3. Use POS machine to repay. Use a credit card to swipe orders at the POS machine, and the merchant will give you cash. It should be noted that this method is actually a credit card cash-out, and there are certain risks. In addition, credit card cash-out merchants have many customers, and the POS machines of cash-out merchants are easily targeted by banks, which may cause cardholders to have their cards blocked by the bank.

However, in this cycle, it seems that you don’t have to pay out of your own pocket to repay the loan. In fact, it is risky to tear down the east wall to make up for the west wall.

Extended information:

2. Safety and risks that need to be paid attention to:

1. Loss of money

Several credit cards repay each other The payment is actually handled with the help of a credit card. You also need to pay through a third party. If this third party is unreliable and runs away with the money, the money that was swiped away will not be returned.

2. Information leakage

It is also a problem of unreliable third-party payment, which may cause the leakage of credit card information and personal information, creating the risk of being stolen. If it is stolen, you will have to admit that you are unlucky and the bank will not be held responsible.

3. Credit loss

Credit card agency is still a kind of cash-out behavior. If the bank thinks there is a cash-out risk, it is a trivial matter to reduce the credit card limit. If the card is blocked or recorded in the credit record, That would be troublesome. When you want to apply for a credit card or loan in the future, it will not be easy to get approved.

4. Legal liability

It is illegal to cash out with a credit card, and you will be held legally responsible and may even go to jail. Don't believe it, there are real cases of being bankrupted.

3. Suggestions:

Instead of being clever and taking advantage of loopholes, it is better to develop good consumption and repayment habits honestly.

This is the end of the introduction to the tips on using two credit cards and how to use two credit cards. I wonder if you found the information you need?