how to use a credit card?

Credit cards have become a necessity for many people in their daily lives. Nowadays, few credit cards can't be called young people, so how to make good use of credit cards is a problem worth studying. Many new credit card users are still stuck in the fact that credit cards are used for consumption and repayment is due. In fact, we need to know how to use the function of credit card and how to manage money with credit card.

Many credit card users have some misunderstandings. Let's analyze them.

many card friends think that credit cards are similar to any bank, as long as they can be done. In fact, credit card, as a financial management tool, is mainly to meet our consumption needs, and not any bank credit card is suitable for us.

1. What is suitable is the best. Choose a bank that suits your needs. Banks have different characteristics, such as Bank of Communications sending credit cards, CITIC favoring Internet finance, Guangfa re-staging, China Merchants Bank being suitable for eating, drinking and having fun, Xingye being suitable for going abroad, Everbright being suitable for traveling, etc., and cardholders should be targeted according to their actual needs before they can make good use of credit cards.

2, 2-3 banks are combined. The demand for credit cards is diverse, which can not be fully met by one bank, and there are so many preferential activities that two or three banks, that is, two or three credit cards from different banks, may be able to meet their actual needs in a three-dimensional way. For example, the main consumption is supermarket shopping and tourism, and you can choose Bank of Communications/CITIC Everbright; Consumer demand is shopping in entertainment malls, which can be combined with the theme card of China Merchants Bank and the department store co-branded card; Car owners should get a car owner card; Outbound travel can choose Bank of China/CITIC/China Merchants Bank full currency card.

Of course, in addition to enjoying the best banking service in the most streamlined way, there is another advantage, that is, it can increase the frequency of card use, and if repayment is made in time, it will have a very good effect on credit card withdrawal and personal credit report.

Credit cards have been in China for 3 years, and most of us still think that they are used for credit card consumption. In fact, credit card is not so much a consumption pattern as a way of financial management or lifestyle. In life, besides using it for consumption, we can also use it to save money and generate money.

1. Save money. For a simple example, I have a Bank of Communications credit card. I went out to eat with my colleagues in March, and I chose to eat while I was doing activities (95% off my Bank of Communications credit card, and I got 5 credit cards when I got over 1). I ordered 12 delicacies with my colleagues, but actually I only needed to pay 12.95-5 = 64 yuan, saving nearly half.

Now, in order to seize the consumer market, major banks have launched various preferential activities in an endless stream, which, if used rationally, can not only save money, but also show their high competitiveness.

2. Make money. The current situation of the stock market is so good that all kinds of wealth management products are also very hot. If you make a reasonable investment with the money returned from the credit card, you may get income several times higher than the bank interest, such as buying a money fund or choosing a suitable fund, or even buying a short-term P2P product.

in a word, credit card is a financial management tool, not just for us to spend by credit card. We can do many things with it. Now that you have decided to use a credit card, why not be the owner of the credit card?

how to correctly master the credit card swiping skills and improve the credit line?

why do some people use their credit cards for several years, but the credit limit is still the initial limit of several thousand or ten thousand? Why do some people use the credit line for three months or half a year to increase to tens of thousands or hundreds of thousands?

maybe your swipe posture is wrong! Let me talk about these things in detail with you.

Skills of credit card maintenance: Seven Essentials and Essentials

1. Don't be too early: try not to swipe your card before 9: in the morning, because according to common sense, most shops are not open yet.

2. Don't be too late: Try not to swipe your card after 22: p.m., because according to common sense, most shops are closed.

3. Don't brush integers: Don't brush integers such as 1 and 5, and try to swipe your card in fractions at a time, such as 9999, 98 and 999, and don't repeat the swiping amount.

4. Don't brush all the quotas at once. If the quotas are tens of thousands, try to brush them out in several days. Don't empty the card.

5. Don't repay the loan at one time and brush it out at one time: especially if you return it on the repayment date and brush it out at one time, this is a big taboo.

Seven essentials:

1. The frequency should be high. Use pos machines to simulate real consumption (choose the right POS machine). The more you brush at ordinary times, it means that you have a variety of credit cards, good flow, easy to raise the amount, and not easy to be controlled by the wind.

2. the amount of credit card swiping should be consistent with your usual consumption habits: if the amount of credit card swiping is usually tens of thousands, a large number of tens of thousands of credit cards will suddenly appear, which is easy to be controlled by the wind, so the credit card swiping should be gradual, instead of jumping from hundreds to tens of thousands at once and slowly rising.

3. Try to brush with points: in this way, the bank will make money, and sometimes it will turn a blind eye when it knows that you are cashing out.

4. Do some staging: brush more than 6 occasionally, then do a staging (the number of staging is preferably 3-6 months, not too long), and make money for the bank, so that the bank thinks you are a quality customer and it is easy to raise the amount (refer to the rules of various banks for details, some banks don't like staging).

5. Shops should be switched: when the pos machine is used to simulate real consumption, the interval between swiping the same card is more than half an hour.

6. recycle, recycle brush. To start repayment before the final repayment date, pay back 1/1 to 1/3 every day, then swipe it out, and then swipe it again the next day, so that a card can be repaid in full only by leaving 1/1 limit. Of course, if there is enough funds, it can be repaid before the bill date, and the credit card can be concentrated on 2 days after the bill date (this can achieve zero debt).

7. Be sure to cherish the credit inquiry and never overdue it. If you can't pay the bill on the last repayment date, you can call the bank. Generally, banks will have a grace period of three days, and you should try your best to pay off the bill within these three days.

finally! Cherish personal credit! Three minutes a day will help you understand the correct posture of credit card swiping, develop good habits of using the card, and thus improve personal credit and credit limit.

How to use a credit card Only by learning these eight rules can you use a credit card correctly

1. Rule 1: Be sure to cherish your credit limit and never default on the bank's money, because the bank's money can't be delayed for one minute. It's better to repay more than one minute earlier than to default on the bank. If the default will lead to a decline in credit, the decline in credit will cause a lot of trouble.

2. Rule 2. Cardholders should not apply for a high-value credit card just because they have a car and a house. If they don't contribute to the bank, the bank will not give a high-value credit card for the first time (except in special circumstances), and the high-value credit card will gradually increase depending on the credit and card usage.

3. Rule 3: Try to control your own consumption, and try not to withdraw cash by credit card or make investment with the money in credit card, because the interest and handling fee for withdrawing cash by credit card are very high, and it's okay to make money by investing. In case something goes wrong, how can you pay back the money in credit card?

4. Rule 4. The money in the credit card can be used in many ways, not just one item; Usually form a good habit of swiping the card, regardless of the amount, but it is best to swipe the card less or not, or it can be phased appropriately, which will help to increase the quota.

5. Rule 5. Don't trust the promotion or intermediary of handling high-value credit cards at will, which will be risky for credit cards and will also lead to information leakage and theft.

6. Rule 6. It is recommended that cardholders apply for cards early and raise cards early, and don't think of applying for a credit card until they have no money, so banks generally won't handle it for you.

7. Rule 7. Deal with the right opportunity. Don't be too picky about choosing a bank, because if you miss the reasonable opportunity, you may not meet the requirements when you want to deal with it.

8. Rule 8. For credit card repayment, cardholders must learn to use multiple repayment methods. In case of problems with the commonly used repayment methods, cardholders can try another repayment method, which can avoid unnecessary credit problems.

How to spend credit cards

Nowadays, more and more people use credit. However, for the rules of credit cards, many card owners are in a state of little understanding. Therefore, blind use of credit cards often occurs, which brings a lot of unnecessary troubles to life. So how to spend credit cards?

1. Never explode the total amount, and set aside 1%-2%. At least the book shows that you are not so short of money.

2. installment is not recommended for large-scale consumption, and the interest is high. Small banks don't make money. Choose medium-sized consumption to installment, and don't take the initiative to wait for a call.

3. Especially for small partners who have their own credit card machines, don't skip the code for large consumption, and brush as much as you like for small consumption. The more the total number of pens, the better.

that's a good introduction about how to spend credit cards. I believe everyone knows something through the above, and I hope it will be useful to everyone.

How to use the credit card is the most cost-effective. These are the best things to do

Credit cards have been widely used, which allows people to buy their favorite goods in advance, but how to use credit cards is the most cost-effective? Do you use your credit card in the usual way? I will give a detailed introduction to Daji below, so that you can master the skills of using credit cards.

when using a credit card, you should make full use of the interest-free period. At this time, users need to remember two time points, namely the billing date and the repayment date. Generally, spending on the day after the billing date of the credit card can enjoy the longest interest-free period, and spending on the day before the billing date can enjoy the shortest interest-free period. Therefore, daily consumption should be arranged as far as possible in a few days after the billing date.

the main function of a credit card is to spend money by swiping it. But many people will withdraw cash when they use it, which will be very uneconomical. Because the credit card overdraws, you can't enjoy the interest-free period. The withdrawal amount is calculated at five ten thousandths of the daily interest rate, and a withdrawal fee is deducted.

Credit cards will charge an annual fee for daily use. At this time, banks have introduced an annual fee-free policy, which is generally reduced by the number of swipes. In order to avoid the expenditure of annual fee, users should use credit cards frequently in daily life, which can exempt the payment of annual fee, which is quite beneficial to cardholders.

if you want to use a credit card, you must repay it on time, and you can't make overdue repayment. After all, there will be penalty interest after overdue repayment, and the longer it takes, the more penalty interest will be generated. At this time, the cardholder is very unfavorable, and it will also affect personal credit information after overdue repayment.

when an individual fails to repay the loan on time, the user had better borrow money from friends around him, and it is best not to choose the minimum repayment amount. Although this will not cause bad records, it will generate extra interest. In short, it's really not cost-effective! Try not to use installment repayment.

what is the most cost-effective way to use a credit card?

I suggest you make reasonable use of the interest-free period of your credit card and try not to participate in the installment behavior with excessive interest.

For friends who have entered the society, basically everyone has a credit card, and some people even have multiple credit cards. The use of credit cards is not a bad thing in itself, because we can use the interest-free period of credit cards to overdraw the relevant credit lines in advance. But in fact, many people will not use credit cards correctly, and they will accumulate debts in the process of using credit cards, which will lead to a vicious circle. I personally suggest that you use credit cards with a more cautious attitude. I will explain it in detail from the following points.

first, we should make full use of the interest-free period of credit cards.

Credit cards of different banks have different interest-free periods, but they can basically be more than 3 days, and some banks can even reach more than 5 days. If we can repay the credit card in full before the repayment date, it basically means that we enjoy an interest-free period of 3~5 days in advance. For friends who can use credit cards flexibly, we can regard this period as our stable cash flow.

second, it's best not to use installment payment and minimum repayment, and don't take the initiative to withdraw cash.

Some people can't repay in full before the repayment date of their credit cards, so they will adopt installment payment and minimum repayment. These two methods seem to alleviate a person's financial difficulties, but they have very high annualized comprehensive interest. Generally speaking, the annualized comprehensive interest of credit cards can reach about 18%, which is already very high. At the same time, the active withdrawal of credit cards will also generate high interest charges.

third, we can participate in credit card points activities.

every bank's credit card will basically launch corresponding points activities, and when we use the corresponding consumption behavior, we can get equivalent points. After we have accumulated a certain level of points, we can use points to exchange items of equal value. I suggest that friends should observe their credit card points more, which is also a process of many a mickle makes a mickle.

let's stop here for an introduction on how to swipe a credit card.