As a modern consumption tool, credit card has been deeply loved by people. In addition to providing convenience for our consumption, credit cards also have a very useful financial management function. Next, I will share the specific meaning of credit card financial management function.

1. You can choose interest-free period and installment payment.

Interest-free period and installment option of credit card are two important aspects of credit card financial management function. It can be said that these two functions can help us plan and control the use of our funds effectively. If we repay the loan on time within the interest-free period of the credit card, then we can enjoy the interest-free loan provided by the bank. And if we want to repay some large consumption in installments, the installment payment function will make it easier for us to make a choice.

2. Offer points redemption and cash back discount.

In addition to providing installment and interest-free functions, credit cards will also attract our use through point redemption and cashback. Every time we use a credit card, we will get some points, which can be exchanged for various rewards provided by the bank. And if the credit card we hold has a cash back discount, each consumption is equivalent to a certain percentage discount, which is more cost-effective than the preferential discount we enjoy.

Credit card not only provides consumption function, but also establishes personal credit record for us. If we can repay the loan on time, our credit history will be strengthened, banks will trust us more, and at the same time, they will provide us with more credit lines and better interest rates. If you want to get better development in the future financial planning, then the financial function of credit card is a very good choice.