1. Make good use of the interest-free period of credit cards.
All credit cards have an interest-free period of 20+ days to 50+ days. If you swipe your credit card from the day you issue the bill, then we will have an interest-free period of more than 50 days. Basically, the longest interest-free period of each bank is similar.
I have three credit cards altogether. I adjusted the bills of three credit cards to 10, 20 and 30 respectively. When the 10 bill is issued, if I want to spend money in the next few days, I will use the 10 credit card immediately, and other credit cards will also use it, so that I can make the best use of my interest-free period.
2. Accumulate personal credit
This is what I heard from my friend. Like most of us, we only use savings cards for daily deposits and have no other connection with banks. Then the bank doesn't have a good evaluation of our credit, which will easily lead to that when we need a loan to buy a car or a house, it will not be so smooth.
Credit card can be used in an emergency.
When the credit card can withdraw the amount, try to withdraw it. This is a rule of thumb in case you need money badly. In this case, the credit card is a good emergency tool.
Before, a relative in my family was in urgent need of tens of thousands of dollars, and I didn't have that much cash at hand. Fortunately, I have a credit card, and several add up to 50,000 to 60,000. All three of them were maxed out, so I made a little money. When I paid back the money, the funds were enough.
There are many discounts on credit cards.
This is more convenient for friends who like to eat out and travel. There are many coupons on it, which can also save some money.
I have a classmate who always likes to eat out. He has a credit card. Sometimes coupons can only be used by one person, which happens to be mine. He asked me to exchange coupons for him many times, which saved him a lot of money every time.
5. Withdraw money from cash when using credit card to control consumption.
Because there is a credit card limit, and the credit card limit is still relatively large, it is easy to spend without restraint. Here, I'll introduce you to a good method.
Prepare one first, that is, a temporary account, such as Alipay's balance treasure or WeChat's change pass. Whenever we spend a sum of money from the credit card, we will transfer the money from the savings card or WeChat to this temporary account, so that we can clearly know how much money we have spent and it will not be so easy to overspend.
The above is my experience in using credit cards, and I hope I can help you.