The transaction amount on your credit card is considered your personal transaction amount, and the transaction amount on your own credit card must be your personal transaction amount.

Tips and precautions for using credit cards:

1. Credit card cash withdrawals have high interest rates.

Because there is no money in the credit card itself, withdrawing cash with a credit card is equivalent to borrowing money from the bank. The interest is very high and is calculated on a daily basis (the specific interest calculation method can be learned from the card issuing bank) . Don’t withdraw cash as a last resort.

2. Credit card does not need to have a password.

If a password is set on the credit card, you need to enter the password when swiping the card for consumption. If there is no password, just sign to confirm the consumption. You may think that not setting a password is unsafe, but this is not true because the merchant is obligated to verify your signature. If someone else fraudulently uses your signature to make purchases, the responsibility is not on you and the bank needs to compensate you for the loss. If you use your password to make purchases and your credit card is stolen, the merchant is not responsible.