Trap 1: Be careful of automatic repayment. The disadvantage of too many credit cards is that it is easy to forget the repayment date. If you set the savings card to automatic repayment, don't feel that you can ask too much of yourself. Once the balance on the savings card is not enough, or the banking system is upgraded, it is easy to cause repayment failure, thinking that you have paid back the money, but you can't afford it. To make matters worse, the bank will only automatically deduct the money once, even if you can't deduct it, it won't be deducted again, so you may be overdue if you are not careful.

Trap 2: Be careful to be punished for exceeding the limit. Every holiday is the peak of credit card use, and after each credit card peak, it is also the peak of credit card repayment. According to past experience, the main performance is that the repayment cannot be made in full and on time. During the holiday season, in order to meet the purchase demand, cardholders can apply to increase the temporary credit line, which is followed by the embarrassing period of repayment. Cardholders who do not know the term of the temporary credit line will be punished by default interest once they choose the minimum repayment amount. Since the expiration date of the temporary limit is unknown, the credit card is also consumed according to the adjusted temporary limit, which easily exceeds the original credit limit, and the bank will charge the credit card for exceeding the limit.

Trap 3: Be careful of the minimum repayment amount. If the minimum repayment amount is used for a long time, the bank will definitely doubt the repayment ability, so it may not be so smooth to withdraw money or apply for a card again. Therefore, if the funds are sufficient or full repayment is better, it will be more conducive to the later management of the card.