Credit cards cannot be used to make money, but reasonable use can avoid spending more money.

Use the interest-free period wisely.

In fact, for cardholders, the biggest convenience and benefit of credit cards is the interest-free period. The so-called interest-free period refers to the period during which credit card holders, except for cash withdrawals and transfer overdraft transactions, can enjoy interest-free treatment from the bank accounting date to the due repayment date (inclusive). . To put it bluntly, it is the longest period of time between spending money and paying back the money without paying interest. It is not difficult to find that the longer the interest-free period, the better. So how to make money during the interest-free period? The secret lies in 8 words: "Swipe your card to spend, and your deposits will earn interest." In other words, cardholders can deposit an equal amount of cash into a monetary fund while consuming. The effect is particularly obvious for cardholders with larger spending amounts.

Li Xinyan pointed out as an example: "If the interest-free period of a certain credit card is 55 days, then the cardholder can try to pay with a credit card when paying a consumption expenditure of 50,000 yuan, and use the cash on hand. Used to purchase money funds for financial management."

Based on the average income of money funds in 2011, you can earn nearly 300 yuan in income at the end of the period. Of course, cardholders must also remember to repay their loans in a timely manner. If you are afraid of forgetting to repay, you can apply for automatic repayment. At that time, you can sit back and relax as long as you redeem the currency fund two working days in advance.

Use installment payment wisely.

Many young cardholders must have had this experience. In order to buy their favorite cars or LV bags, they had to endure "hard times" ranging from half a year to several years. After finally saving enough money, fashion has already turned several pages. Installment payment can not only help cash-strapped cardholders realize their dreams in advance, but also spread the cost to each subsequent month, so that cardholders no longer have to reduce their quality of life to save money.