Many people have heard of the word "profiteering", which is usually used for capitalists. However, some people who are skilled in using credit cards will tell you that you can also use more credit cards to gain money from the bank. So, How do credit cards work?

How do credit cards work?

1. Participate in various preferential activities of credit cards

Many credit cards in order to attract and retain customers , often launch various preferential activities, including discounts, discounts, cash rebates and other discounts on food, drink, entertainment, travel and other aspects.

If you love online shopping, you can apply for a credit card with many online shopping benefits, so that you can enjoy discounts while shopping online;

If you often need to travel , then you can apply for a credit card with concentrated rights and interests in travel. It is very good to earn miles through travel.

If you live abroad or often travel overseas, you can pay attention to some cards organized by VISA. Many VISA cards have very good discounts on overseas consumption. You can also apply for a related card. UnionPay card, when the time comes, the two domestic and foreign cards can be combined to earn discounts on purchases.

2. Credit card points are not to be missed

Credit card points can be said to be quite real. Not only can they be redeemed for gifts, but they can also be used to obtain discounts on food, drink and entertainment, such as many Restaurants use credit card points to carry out preferential activities, such as free Starbucks points, star hotel points and hotel discounts, etc.

In addition, the biggest benefit of points is that they can be exchanged for airline miles, which can also be said to be the biggest advantage of credit cards.

In addition, credit cards can often earn double points for purchases made during the cardholder’s birthday month, so you can spend more during the birthday month to accumulate points.

Which credit card is suitable for harvesting money?

Many people just swipe their cards regardless of the discounts they can earn. This approach is wrong. It is true that you can earn discounts by gathering wool, but if you put the cart before the horse and do not consume rationally just to gather wool, you will only become a card slave in the end.

So if you want to harvest wool, it is best to use a card with a high credit limit to harvest wool. If your card limit is not enough, you can raise it for a period of time and increase your credit before harvesting wool< /p>