Let me introduce to you some tips on using credit cards to manage finances

1. Tips on saving money

Some co-branded credit cards offer cash back or discounts when shopping. Bank of Communications The hottest Friday is this model; take credit card points as an example, points can be redeemed for prizes, cash, airline miles, etc.;

2. Tips for applying for a card

Credit cards are not The more, the better. Once there are too many, it is easy to cause confusion in management, such as misunderstanding of the card's repayment date, credit limit, consumption limit, etc., resulting in late repayment and a bad credit record. Generally speaking, 2-3 credit cards are enough to meet your basic needs;

3. Card usage tips

Sooner or later, you will have to pay back the overdraft money on your credit card, so, use When it comes to credit cards, you must first have a correct attitude and don't regard credit cards as your "support". The overdraft limit is generally less than your salary level. In addition, during use, try not to use credit cards to withdraw cash or make installment payments, as the cost of doing so is too high. At the same time, retaining the credit card voucher after making a purchase with a credit card will facilitate us to summarize consumption records every month and effectively prevent credit card theft;

4. Investment Tips

Credit cards are valid for up to 50 days The interest-free period on the left and right, if used properly, can be used to invest and benefit from credit cards. Assuming you have two credit cards in your hand, it is a good choice to set different settlement dates to extend the repayment time, use credit cards to make some short-term investments, and invest in financial products with flexible periods. However, the prerequisite for this is that your credit card available limit reaches a certain amount and you can repay it on time;

5. Repayment tips

Credit card repayment, many cards You always have problems in this link. Either you miss the repayment time, or you repay too early and lose your interest. Therefore, when repaying a credit card, pay attention to the following two points: first, try not to use the credit card's recurring limit (or use the minimum repayment amount); second, set a repayment time reminder on common repayment channels such as Alipay to avoid above questions.