Credit card related knowledge, the more complete, the better. Thank you.
First, credit cards, like other bank cards, save us the trouble of carrying a lot of cash. At the same time, consumption points can be exchanged for various exquisite gifts, thus finding the "first bucket of gold" for credit card financing. In addition, you can learn about your consumption habits and consumption structure through the bank's monthly bills, and you will gradually know what you are doing and control your consumption. Secondly, generally speaking, credit cards have the longest interest-free period, which is 50~56 days. If we make rational use of this, we can let the bank's money generate money for us. For example, daily consumption should be paid by credit card as much as possible. Cash on hand can buy some low-risk and liquid products, such as money funds, and the income obtained is several times higher than the current interest. This is the "second bucket of gold" brought by credit cards. Third, the credit card is equivalent to giving us an emergency fund. In daily life, some unexpected things will inevitably happen. When we need funds to deal with these emergencies, credit cards provide us with a solution. Credit cards have overdraft function and pay overdraft interest on a daily basis. However, due to the short borrowing time, the financial burden on cardholders is not great. Fourth, establish a good personal credit. With the improvement of China's personal credit information system, the credit status has increasingly affected the lending results of individuals in financial institutions. Use credit cards, develop good consumption habits and form a good repayment record, which is beneficial for financial institutions to evaluate your credit rating. How do we manage money with credit cards? The financial consultant of Bank of Communications introduced the following points: First, timely repayment-not only can reduce interest, but also can form a good credit record; Second, credit cards are mainly used for consumption and less cash withdrawal; Third, hold 2~3 credit cards with different banks and different billing dates, and try to enjoy the longest interest-free period and different preferential merchants and activities. Applicant: Urban "loser" features: enjoy interest-free loans every day.