As a convenient payment tool, credit card has been accepted and loved by more and more people. In fact, credit cards can not only be used as payment tools, but also as financial management tools, giving full play to their financial management functions.

First, credit cards, like other bank cards, save us the trouble of carrying large amounts of cash. At the same time, consumption points can be exchanged for various exquisite gifts, thereby finding the "first pot of gold" in credit card financing. In addition, you can also understand your own consumption habits and consumption structure through your bank's monthly statements, and gradually you will be able to know what you are doing and control your consumption.

Second, generally speaking, credit cards have a maximum interest-free period of 50 to 56 days. Properly utilizing this point can allow the bank's money to make money for us. For example, try to use credit cards to pay for daily consumption, and the cash on hand can be used to purchase some low-risk, highly liquid products, such as monetary funds, etc., and the income obtained is several times higher than current interest. This is what credit cards bring to us The "second pot of gold".

Thirdly, credit cards are equivalent to giving us an emergency fund. In daily life, some emergencies will inevitably occur. When funds are needed to cope with these emergencies, credit cards provide us with a solution. Credit cards have overdraft functions, and overdraft interest is paid on a daily basis. However, due to the short borrowing period, the financial burden on the cardholder is not large.

Fourth, establish good personal credit. As my country's personal credit system becomes increasingly perfect, credit status increasingly affects individuals' borrowing results from financial institutions. Use credit cards, develop good spending habits, and form a good repayment record, which will help financial institutions evaluate your credit rating.

How do we use credit cards to manage finances? The Bank of Communications financial consultant introduced the following points:

First, repay the loan on time - not only can interest be reduced, but it can also form a good credit record; second, credit cards are mainly used for consumption and less cash withdrawals; third, holding 2~3 credit cards from different banks and different statement dates, try to enjoy the longest interest-free period and different preferential merchants and promotions