Credit cards (debit cards), as one of the ways of financing for modern people, have an increasing impact on life. How to use credit cards (debit cards) correctly is a big subject. The bank allocates resources to you, but you use them to increase your liabilities.

It is reported that a man in the UK has 1,497 credit cards (debit cards), and his comprehensive credit limit is about 100 million yuan. However, due to good management, all the cards have never been overdue. Pass. He used this huge overdraft to buy 21 properties for himself, currently worth more than 3.5 billion yuan. This means that the resources are in your hands, it’s up to you how to use them.

Credit card (debit card) is the most common bank credit product currently used by people, and how to make good use of "this resource" is the topic we are going to discuss today.

1. Ways to use credit cards (debit cards)

1. The first way is to use credit cards (debit cards) for consumption, which means you buy consumer goods (consumer goods here) Including: as long as the goods are in the flow link) as long as the merchant has a POS terminal, payment can be made, and it can also be bound to a third-party payment platform to pay, saving the trouble of bringing a card

2. Chapter There are two types of credit card (debit card) cash withdrawals. For credit card (debit card) cash withdrawals, the bank will give you the right to withdraw 50% of the cash while giving you the limit. For credit card (debit card) cash withdrawals, a handling fee and RMB 50,000 per day will be charged. interest. The cost is relatively high, and I personally do not recommend running cash withdrawal relief when funds are tight; if necessary, you can apply for a personal POS machine.

2. Credit card (credit card) repayment time

1. Credit card (credit card) repayment time is calculated from the billing date and consumption date. Since The repayment period of each bank is different. Generally, the repayment time of a credit card (debit card) is 18-25 days after the statement date. At present, all banks will basically notify you of the repayment date after the statement comes out. What date is it and how much is the repayment amount? But many people will have bad credit records because they forget to repay their loans.

2. What should I do if I forget the repayment date? I take Zhengxin’s bad records very seriously, but once I forgot to repay my Zheshang Bank credit card (debit card) for more than 5 days. It was reported by the bank and was recorded as overdue for one month on the credit report. Therefore, the bank still has a certain grace period after the repayment date, and this period is different depending on the bank. Repayments made during the grace period will not be recorded on your credit report.

3. Credit card (credit card) repayment methods

1. Repay in full. The best way to repay in full is to pay in full after the bill comes out. Repaying the loan amount is also the best way to prove your creditworthiness. Now basically all banks’ credit card (debit card) systems use big data for comprehensive scoring. Your work information, home assets, consumption data and repayment The payment data will be integrated with big data to give you a score. The higher the score, the higher your repayment ability and good credit status, and the higher your credit card (debit card) limit will be.

2. Repaying according to the minimum amount is a repayment method when you have difficulty in capital turnover and cash flow problems. It is usually 10% of the bill amount. Repaying according to the minimum amount is neither Improving your credit score can also ease repayment pressure.

3. Installment repayment. If you encounter a large consumption and cannot repay it within a period of time, you can choose to run the installment plan, but the installment interest rate is relatively high and the cost has also increased accordingly. If there is really no other way, you can choose installment payment to ensure that there is no stain on your credit record.

4. Repaying credit cards (debit cards) is a new third-party service in the past two years. There are many such companies now, including professional ones or a business under large companies. . Of course there is interest, after all, people also need to eat to support their employees. When you are unable to do anything, you can first choose to use a third-party service to ensure your credit record. Of course, you must choose a genuine platform to prevent the risk of customer information being leaked or stolen.

4. How to increase your credit limit

If you want the bank to serve you, you must serve the bank first. Correct card usage habits will get you twice the result with half the effort and ensure good credit and Controllable liabilities.

There is a saying that when you are at an age when you should not be comfortable, you should not choose to live comfortably in order to realize your life value. Quoting this sentence, when you are at an age when you have no debt capacity, do not increase your debt too much. It will not only make you physically and mentally exhausted, but also have a negative impact on your future life. Development causes unnecessary distress. How can you correctly increase your credit limit? When the bank gives you a credit limit, it will conduct a comprehensive review on you, including your work situation, assets, liabilities, etc. If you want to obtain the service of the bank, you must first let The bank makes money and maintains good credit.

1. Use credit cards (credit cards) for consumption, and keep credit cards (credit cards) active (just don’t leave them unused).

2. Repay in full as much as possible when repaying to ensure that the bank system receives your long-term full repayment data. This is the most effective way to prove your repayment ability.

3. When necessary, let the bank make some money and run installment repayments. Now many banks will also call you and ask you to repay in installments. The purpose of banks is to increase intermediary business income, and you are In order to ensure good usage data of credit cards (debit cards).

4. Avoid expectations and avoid overdue credit cards (debit cards), overdue loans, and overdue online loans. Overdue records not only affect your credit environment, but also affect your enjoyment of bank financial products, especially credit products.

5. Avoid swiping credit cards (credit cards) and swiping whole numbers. Maybe some people, in order to facilitate accounting, swipe whole numbers every time they swipe a credit card (credit card), causing the system to think that you are maliciously cheating. Withdrawing cash affects your credit card (debit card) limit.

6. Avoid judicial execution. Once it is recorded by judicial execution, it will have a particularly great impact on you.

You can also refer to: The correct way to swipe credit cards (credit cards)

Credit cards (credit cards) are already essential in our lives, but few people have a comprehensive grasp of credit cards (Credit card) card usage knowledge, although we cannot let credit card (debit card) become a stepping stone for us to increase wealth like that man in the UK, but the most basic rule is to ensure our good credit while capital turnover, you only have Only with good credit can you travel all over the world. And it's not because of credit cards (debit cards) that our lives have become miserable.