How to use the credit card skillfully and make it one of your financial tools? Try these 7 methods

First, you can avoid the annual fee by swiping more cards. The annual fee charged by a credit card in 15 yuan or 3 yuan often makes the cardholder feel that it is an exorbitant extra expense. It seems that it is not cost-effective to apply for a credit card. However, at present, in the domestic credit card market, all major banks have introduced the preferential policy of swiping the card several times a year, which can exempt the annual fee. In this way, in fact, in China, the possession and use of credit cards are basically free.

second, learn to calculate and use interest-free period. Generally speaking, credit cards can enjoy an interest-free period of 56 days (different banks), which is the most attractive place of credit cards. Interest-free period refers to the time between the loan date (that is, the bank bookkeeping date) and the due repayment date. Because the time for cardholders to spend their credit cards is in sequence, the interest-free period they enjoy is also long and short, and the 56-day interest-free period we mentioned above refers to the longest interest-free period. To give a simple example, for example, the bank account date of one of my credit cards is the 2th of each month, and the due repayment date is the 15th of each month. Then, if I spend money by credit card on the 2th of this month and repay it on the 15th of next month, I will enjoy a 25-day interest-free period. But if I spend my money by credit card on the 21st of this month, I will repay it on the 15th of the next month, which means I will enjoy a 55-day interest-free period. During these 55 days, I was enjoying an interest-free loan.

the credit card has an interest-free period of 25 days, and you will get double points when you swipe your card on holidays, and there is no handling fee for spending in different places. First, it is affordable. Generally, credit cards have the activity of exchanging points for gifts. Last year, our family received a one-year insurance for the whole family. This part of the money used for repayment can also buy short-term wealth management products. It's just an idea. Someone did it. The method is to buy short-term bonds and repay them after redemption. Second, safety. There is no handling fee in different places, so it is safe to bring a lot of cash. Third, it is convenient. What should I do if I don't have enough money to go shopping in other places? Make full use of the overdraft limit of credit cards.

thirdly, enjoy the value-added services of credit cards. At present, domestic credit cards are still in the promotion period, and major banks have surprisingly recruited credit card users. Cardholders can make good use of all kinds of promotion methods of banks and enjoy them to the fullest. There is no separate notice for the bank's credit card promotion activities, which are sent to the cardholder together with the monthly statement. After receiving the letter of the statement, don't throw it away in a hurry. Take a few minutes to read the relevant contents carefully. You can also log on to the bank website where you hold your credit card to get a more comprehensive understanding of which merchants you can enjoy special discounts on your credit card.

generally speaking, the current credit card promotion methods include redemption of points, special discounts for contracted merchants, lottery by swiping cards, gift giving by swiping cards continuously, special discounts for merchants' co-branded cards, and so on. It should be said that using a credit card is more economical and more favorable than using cash, and spending money in 1 yuan with a credit card is definitely more valuable than spending money in 1 yuan.

fourthly, credit card is a good helper for business travel. People who travel frequently or like to travel abroad will love credit cards more. I am used to booking air tickets through major travel networks with credit cards, which is simple and can enjoy interest-free concessions. More, it also avoids the trouble of carrying a lot of cash to travel. In addition, the use of credit cards in different places is free of charge. I used to work in Beijing for a while, and I used to swipe my card when I could spend my daily expenses, which saved the handling fee for withdrawing cash in different places.

fifth, manage your finances by credit card. We are familiar with spending with credit cards, but we don't know that credit cards can also be used for investment and financial management. In recent years, the fund is hot, but many people suffer from lack of funds and don't know where to start. In fact, credit card holders can also purchase funds on a regular basis through credit cards, and they can enjoy the benefits of post-investment payment and bonus points. You can not only earn interest, but also earn remuneration with zero payment by swiping your card to buy funds on the fund deduction day and paying on the settlement day. However, it must be noted that this kind of borrowing money for investment is also very risky, and it is not suitable for long-term investment.

sixth, the behavior of using cards is self-disciplined. The interest on defaulting on credit card fees is very high, so it is very important to be self-disciplined about your card use behavior. The terms of various credit cards are different, but some cards only require you to pay off the money within 25 days after the monthly checkout date. Therefore, if you spend money on the first day of the fiscal month, you can get an interest-free loan for 456 days, depending on the terms of the credit card.

If you have a good income, you may not care too much about how to save money when using credit cards, but it is still useful to know these problems. To avoid getting into debt due to excessive credit card swiping, please pay attention to the following important points:

Although you can withdraw cash by credit card, the handling fee is generally quite high (up to 3% of the withdrawal amount). If you need to use cash, you should withdraw money from the bank in the ordinary way.

ideally, you can pay off the loan as soon as possible after receiving the monthly bill every time.

if you can't pay off the loan occasionally, remember that you will be charged high interest.

The minimum payment marked on the monthly bill must be paid, otherwise, you will be charged a high payment arrears fee, which will be directly deducted from your credit line.

if you continue to shop by credit card after the credit line has been used up, you will no longer have a grace period, but you must settle the interest.

seventh, ensure the security of credit cards. Credit card crimes are increasing, so you must take care of your credit card as carefully as cash. You must check the monthly bill, and check the above consumption items with the receipt in your hand to ensure that the amount that has been crossed out is really your own consumption.

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 rising slowly.

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.

skills of swiping large amounts of credit cards

There are three skills of swiping large amounts of credit cards: the amount swiped and the merchants should match. The time to swipe the card and the business hours of the merchants should be reasonable. Check the available credit card limit before swiping the card. As long as the time and merchants of swiping the card correspond to the amount and are reasonable, then the bank's risk control can be avoided.

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1. When selecting merchants, the bank's risk control system is also very particular. If the cardholder spends tens of thousands of yuan at a time in a supermarket or a store like Juewei Duck Neck, it is obviously unreasonable, so the bank will doubt whether the cardholder is withdrawing cash. If the cardholder spends 1, yuan at a time in jewelry stores, KTV and other places, it is a reasonable consumption.

2. Pay attention to the time of swiping the card and the use time when swiping the credit card. According to the staff of the bank, Monday to Friday is a working day, and most people will not spend too much money during this period, especially before 9: in the morning, and few people will spend. In holidays, people's consumption quota will increase greatly. In addition to paying attention to these hours, we should also pay attention to the business hours of merchants. Suppose A spends 3, yuan in a beauty shop at 1: a.m., the bill is not so reasonable. After all, beauty shops are generally not open until the early hours of the morning.

3. Credit card limit. Although everyone's credit card limit does have that number, it does not mean that the cardholder can completely empty the credit card limit when swiping the card. No matter which bank it is, it will not like the cardholder to empty the credit line in the card at one time. I suggest that when you swipe your card, it is best to keep about 2% of the quota.

4. Although everyone's credit card limit does have that number, it doesn't mean that the cardholder can completely empty the credit card limit when swiping the card. No matter which bank it is, it will not like the cardholder to empty the credit line in the card at one time. I suggest that when you swipe your card, it is best to keep about 2% of the quota.

5. The frequency of credit card swiping is particular. Generally, normal consumption is definitely not always a large amount. About 3 transactions per month is enough, and the amount of credit card swiping should not exceed 5, yuan each. If the bank sends a large amount of trading tips after swiping the card, you should pay attention to this, and it is best to make a small number of real transactions later. The above are some precautions after the credit card is swiped in a large amount. Doing these well can reduce the chance of being risk-controlled by the bank. Of course, it is best to actually spend.

necessary skills for using credit cards

1. Free annual fee for swiping a card

Credit cards seem complicated, but the fee mainly includes two parts: annual fee and overdraft interest. By making good use of the preferential annual fee policies stipulated by most banks, we can brush out the annual fee. For example, the general bank stipulates that the annual fee for the next year can be waived if it is brushed six times a year. If you have multiple credit cards, you can swipe one of them at the beginning of the year when you spend a small amount, so as to avoid being charged an annual fee because you forget the number of swipes.

2. Account-related automatic repayment

Although we need to make more use of the interest-free repayment period of the bank, we will forget the repayment date on weekdays for various reasons. We can open a debit card or savings account at the issuing bank of the credit card, which will be automatically associated with the credit card, automatically repaid, and automatically deducted and transferred on the repayment date of each month. As long as there is enough balance in the debit card one day in advance, we can avoid the risk of bearing overdraft interest.

3. Make good use of promotional co-branded cards

Nowadays, no matter banks, shopping malls, travel agencies, airlines or insurance companies, there are many good co-branded cards for promotion. For example, VIP discount cards in stores, airline mileage points cards, etc., and some fund companies have also opened the service of converting credit card points into money fund shares. Consulting the preferential policies of credit cards before consumption often leads to unexpected surprises.

4. Try to use the cash overdraft withdrawal function provided by most credit cards as little as possible

, which is equivalent to adding temporary emergency reserve fund to us, but we need to pay the handling fee, and there is no interest-free period for one day. In this way, the cardholder not only has to pay a 1% handling fee, but also pays five ten thousandths of overdraft interest every day, so in general, it should be used with caution to avoid causing excessive losses to himself. Even if you have money on hand, try to keep it in a debit card so that you can withdraw cash when necessary.

5. Gold card and platinum card, showing your identity and enjoying benefits

Different credit card levels reflect different identities. The VIP services of gold and platinum cards in banks allow cardholders to enjoy many special privileges, such as VIP services in banks, VIP rooms at airports, free golf sessions and free medical examinations, which fully reflect their VIP status.

credit card swiping time skills

In fact, credit cards can be swiped at any time, and the issuing bank does not limit the swiping time. However, when you swipe your card, you should pay attention to the business hours of the merchants, swipe your card during normal business hours, and don't swipe your card during the non-business hours of the merchants, otherwise it may be suspected by the bank that you are cashing in.

and if the cardholder wants the interest-free period to be longer, it will be better to swipe the card one or two days after the bill date, because after swiping the card during this period, the bill will not be paid until the bill date of next month, and then it will be paid off before the repayment date of next month (inclusive), so that the cardholder can enjoy an interest-free period of about 4 to 5 days.

if you choose to swipe your card one or two days before the bill date, you will be billed on the bill date, and you will have to repay before the repayment date of the month (inclusive), so the interest-free period you can enjoy is very short. In addition, we also need to pay attention to it. It is best not to swipe your card frequently in a short period of time, especially on the same POS machine. This operation will easily lead to an increase in account risk, which is likely to cause bank risk control.

1. Every time you swipe your credit card, the time interval should be more than half an hour, otherwise it will be easy to enter the bank's risk control list. Once it is judged that it is suspected of cashing out, the credit card limit will drop, and the credit card may be blocked directly, so don't be careless. Moreover, it is best not to swipe your card more than three times a day, too much will also bring negative effects.

2. Because the business hours of different merchants are different, the usual credit card spending time should be based on the business hours of the standard merchants. For example, it is very difficult for the bank to pay attention to such behavior at 11: pm in a breakfast shop. Therefore, when you spend money, you should pay attention to your credit card time and merchant type to avoid unnecessary trouble.

3. At present, most of the commodity prices will have a fraction, and there are very few prices with integer values like 1 and 5. Therefore, once everyone's consumption quota has such an integer value, and the number of times it appears is still relatively frequent.