1. Make reasonable use of the interest-free period. The interest-free period of credit cards is generally 30-56 days. How to make reasonable use of this period? As long as you start swiping your card the day after the bill is issued, you can enjoy the maximum 56 days. And you can use this method for several cards in your hand, and I remember that the repayment date can be modified once or twice a year, and you can make the most appropriate choice based on the time of your salary and income.
2. Make good use of credit card limit funds. The credit card limit is generally determined by factors such as your assets, education, income, bank statements, liabilities, personal credit, and credit card limits from other banks. If you want to raise your balance, you have to swipe your card more, make more installment repayments, and maintain good repayment habits. Don't make overdue payments. Let the bank make money, and then the bank will be willing to lend you more money. The larger the limit, the more money we can use for financial management.
3. Spend money for others and pay you in cash. Many times, friends around you will go online to buy some products with slightly higher prices. At this time, you can help your friends pay with your credit card and use your friends to transfer cash to you. This is to invest the funds again, because there is no handling fee, so the income is very considerable. The benefit of paying on your behalf is not only to increase the cash available for financial investment, but also to earn credit card points. Nowadays, points from many credit cards can be redeemed for various products, such as recharge cards, airline miles, household items, etc., thus saving a fortune.
4. Make more use of mobile payments. With the popularity of WeChat and Alipay, you can now pay with your mobile phone on the streets. As long as you bind a credit card to WeChat and Alipay, you can pay for most purchases with a credit card. In this way, you can save cash on financial investment, and you can also accumulate points and credit. In particular, when Alipay and WeChat hold various activities, you can often get cash rebates.
Everything has its advantages and disadvantages. Although credit cards are convenient, they can also easily lead to excessive spending. Of course, this time will test the control of the card user. If you can control your credit card well and use it wisely, you can maximize the value of your credit card and it will only benefit you. There will be no chance of becoming a card slave every month.