The essence of credit cards is personal small loans. Credit cards have now become an indispensable tool for us. Credit card loans have the lowest bad debt rate and higher returns. This is why banks vigorously develop credit cards. Credit cards can solve your urgent needs and accumulate personal credit.

CreditCard is a non-cash transaction payment method. It is a small credit payment tool provided by banks to users for consumption first and repayment later. The earliest credit card appeared at the end of the 19th century. Credit cards are divided into two types: credit cards and quasi-credit cards. They provide settlement services, facilitate shopping and consumption, and enhance a sense of security; simplify collection procedures and save social labor; promote product sales and stimulate social demand. A credit card is a special credit card issued by a bank or other financial institution to those with good credit status. It is a special card used for shopping and consumption at designated merchants, or for depositing and withdrawing cash at designated banking institutions.

Notes on using credit cards

1. Do not borrow money from others, especially with CVV2 codes

2. Don’t be overdue, as overdue credit cards will cause bad debts and even credit problems.

3. It is best to keep a balance of 20% in your credit card

4. Don’t overspend. Credit cards are only used for capital turnover. Don’t make the wrong positioning.

5. Don’t use cash tools indiscriminately. There are many POSs that have no points or low rates. You must understand that when you use a credit card, the bank also makes money. If the bank does not make money, The results can be imagined

6. For cards that are not used often, you should check the annual fee. Some are free of annual fees, and some require you to make a certain amount of transactions in a year before the annual fee will be waived. If you don’t use it, the annual fee will be waived. , log out promptly.