There will be no impact if you don’t use your credit card for a month.

Customers can use the card when they want to use it, and don’t use it when they don’t want to use the card. There is no requirement that credit card purchases must be made every month.

However, if the credit card is not used for a long time, it may have an impact over time.

Because if a credit card is not used for a long time, the bank may think that the cardholder has no need to use the card, and may reduce the card limit.

Also, the annual fees of most credit cards need to be reduced by paying a certain number of times or a certain amount during the annual fee cycle (except for high-end credit cards).

So if the card is left unused and fails to be used frequently or in sufficient amounts within the annual fee cycle, the annual fee for this credit card may not be waived.

At that time, the cardholder may not use the credit card, but will have to pay an additional fee.

If you don’t have many card needs, there is actually no need to apply for a credit card.

If you really need to use a credit card, you can go to the bank to apply for a card, activate it, and use it when you need it; when you don’t need it, keep it properly.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Main features

1. Credit card is one of the fastest growing financial services today. It is an electronic currency that can replace traditional cash circulation within a certain range;< /p>

2. Credit cards have both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using credit cards;

3. Credit cards are high-tech products that integrate financial services and computer technology.

4. Credit cards can reduce the use of cash;

5. Credit cards can provide settlement services, facilitate shopping and consumption, and enhance a sense of security;

6. Credit cards It can simplify payment procedures and save social labor;

7. Credit cards can promote product sales and stimulate social demand.

Financial Management Strategy

1. Control the number of credit cards and only have enough.

Once there are too many credit cards, it is easy to make mistakes or forget the repayment date of the card. Issues such as the credit limit of that card are difficult to manage and can easily lead to late repayments and leave a bad record. Moreover, if you swipe multiple cards to earn points, the points will be too scattered and it is not conducive to redeeming gifts. Therefore, it is recommended that only 1 to 2 credit cards are enough.

2. Keep the credit card receipts

Most credit card holders do not care about the receipts and will not keep them. Most of them throw them away. This is a very bad habit. In fact, retaining credit card vouchers not only facilitates the monthly summary of consumption records to analyze and optimize consumption habits, but also helps improve the rationality and transparency of credit card consumption, so that the card can be swiped clearly. And many people do not set passwords on their credit cards. Discarding the credit card credentials at will may lead to theft of the credit card.