In fact, the simplest use of credit cards is the service of overdraft consumption. In addition, we should pay attention to the following points.

First of all, be sure to remember your bill date and repayment date.

For example, if the 20th of each month is your bill date, the 5th of next month is the repayment date. You1spent 65438 from October 20 to February 20, and paid it back before March 5, and so on, so this is what the bank calls the shortest 15 and the longest 50 days interest-free repayment. If the repayment is not made in full before the repayment date, the interest will be calculated from the merchant settlement date of each consumption, generally speaking, from the credit card date, not from the repayment date.

Second, pay attention to the collection of handling fees.

1, annual fee

Some banks reduce the annual credit card fee according to the number of swipes/year, and there is a limit on the number of times. Please consult the card bank for details (because different card types are not exactly the same); Some banks are exempted by points, so you should also consult the issuing bank to see how much money can be exempted; There is still a part that cannot be reduced (be sure to ask clearly, otherwise you will forget to pay back the card fee, which will affect your credit history).

2. Cash withdrawal fee

Some credit cards do not charge fees but charge interest (some are free of 1 cash withdrawal fees every month); Some of them charge fees and interest.