Many people do it just for capital turnover. They only know how to use it, but they don’t know how to build themselves and maximize their credit. For card players, they will know how to maintain their cards. After all, They know how to avoid bank risk controls and the types of consumption each bank likes. This requires a relatively high understanding of credit cards. If you don't play well, you will fall into a trap.

For example, if the total credit limit is 300,000, there are two ways to use the credit limit:

1. Each card must be turned over during the interest-free period, so each The card limit can only be used for about a month. Although the interest-free period of many banks is about 50 days, if you want to pay safely, you can only withdraw all the money in 30 days, or even less!

2. Directly take out 70% of the 300,000, reserve about 30%, and use the rest for other purposes. Use this 30% of the limit to solve the remaining loopholes, and you can maintain the card, which means that 30% of the limit must be reserved in the card, which is safer.

If you understand it, you can also see that this requires certain personal abilities. If you don't know how to maintain a card and how to use it, it's best not to touch it.

Many friends ask how to use credit card funds to do some simple financial management. There are two problems to be solved here.

One is whether you can maintain the card safely, and the other is whether you can solve the costs that generate benefits greater than the expenses.

Another option is to increase the credit limit in order to maintain the card. Remember, safety must be the premise.

Using a card to maintain a card is actually a very good way of financing

1. There need to be more cards, and there need to be more card machines, of various types, such as catering, Entertainment, transportation, etc. are all conducive to increasing your quota.

2. There must be stable value-added channels. The money in the card is not for you to take out and spend, but for you to make money.

3. To have a reasonable repayment plan, you can use a credit card management app to assist.

4. You need to be very careful and understand it! Maintaining cards with cards requires excellent patience and mind, as well as absolute control.

Pay attention to details when maintaining multiple credit cards

1 cannot be completely empty, so this is a fallback method. You must do it, leaving only part of the money, and you will be saved if there is any problem.

2. The purpose of staggering the billing dates is to avoid the problem of being credited immediately after repayment. It is better to leave the bill on the card for one day after repayment, which is safe.

3. If you want to finally solve the problem, you must have money to pay it back. Only by replenishing the funds appropriately every month can it become easier and easier. At least the handling fees incurred will be replenished, otherwise it will only become less and less.

4. Maintaining cards with cards is a technical job. If you do it well, you can achieve your goal. Otherwise, you will get deeper and deeper.

Tips for using the card:

1. Each swipe of the card cannot exceed 30% of the limit.

2. Do not swipe the entire amount, reserve 10%-20%

3. Don’t always use whole numbers with decimal points or straight numbers

4. Don’t swipe the same card consecutively, there must be intervals

5. The number of swiping cards per month should be more than 20 times .

6 Cannot be overdue

It is relatively easy to increase the credit limit by following the above method. It is normal for a credit card limit of 500,000-1 million per month.

Things that cannot be ignored when using credit cards or maintaining credit cards

Many people use credit cards, a few people use credit cards to overdraw their purchases in advance, but most people are very rational and want to limit their credit limit. Raise a higher level to facilitate capital turnover. From the perspective of a bank, banks issue so many credit cards every year and have so many credit card users. How do they identify which users are high-quality users? Which users should I give them a credit limit? If you have bad card usage habits and are risky, I will reduce your credit limit or even block the card. It is nothing more than referring to the following criteria.

First: Do you repay your monthly credit card bills on time? If you borrow money from the bank and repay it on time, the bank will judge that you are an honest person. This is easy to understand.

Second: diversified consumption. Diversified consumption includes the diversification of transaction merchant types and the diversification of transaction regions. How to understand it? Let me explain one by one. First of all, the meaning of diversification of transaction merchant types is a real High-quality credit card users must have rich transaction scenarios, such as eating, shopping, watching movies, paying gas bills, paying school fees for children, buying train tickets, airplane tickets, hardware and home appliances, etc. All these purchases can be recorded on your credit card It appears in the bill that only with such rich consumption, for the bank, you are a high-quality credit card customer, and your credit card limit will be increased quickly. Here I will also say that traditional POS machines cannot meet these rich and diverse consumption. Because traditional POS machines have one machine and one code, the merchant is fixed every time the card is swiped. If you swipe too many times on such a machine, it is easy to have your card derated and blocked.

Third: Diversification of transaction areas. If all your credit card merchants are local merchants, this is not a good thing. It means that your living and consumption circles are very narrow. Nowadays, many POS machine brands claim that they are local. Merchant selection is all about fooling uninformed consumers, because a rich person must travel all over the country for business and tourism consumption, rather than just spending within one-third of an acre of his own home, so how many transactions will appear on your credit card bill? Non-local consumption can be the finishing touch and is very helpful for increasing your quota.

It is recommended that you use decent machines, so that you can add value.