Article Categories
» Arts & Entertainment
» Automotive
» Business
» Careers & Jobs
» Education & Reference
» Finance
» Food & Drink
» Health & Fitness
» Home & Family
» Internet & Online Businesses
» Miscellaneous
» Self Improvement
» Shopping
» Society & News
» Sports & Recreation
» Technology
» Travel & Leisure
» Writing & Speaking

  Listed Article

  Category: Articles » Finance » Credit » Article
 

General Tips on credit cards




By Rudy Hadisentosa

Credit card or plastic money is omnipresent today. Today they are treated as more of a necessity than just a commodity. Thus it is essential that you not only use them properly but also take proper care of them. The following list is a compilation of some tips on credit card management:

1. Never chose a particular credit card because your friend or someone else has chosen it. Instead base it on your needs.

2. Compare various credit cards before arriving at the right one for you.

3. Always sign at the back of your credit card, as soon as you receive it. This is an important credit card protection mechanism.

4. Protect sensitive information/details about your credit card e.g. PIN. Never reveal the details to anyone.

5. Destroy any mails containing such the details about your credit cards. Fraudsters might be scanning your garbage for such information.

6. Do not share your credit card with friends, family and others. Apply for supplementary cards if you require one for your family etc.

7. Never utilize more than 75% of your credit limit. This will help in containing your credit card debt and also in maintaining a good credit rating.

8. Be prompt in your payments. If you haven't received your monthly bill, enquire with your credit card supplier. Non-payments and late payments tarnish your credit rating.

9. Never let your credit card go out of your sight.

10. There is no magic wand for debt elimination. So take measures for getting out of your credit card debt. This includes things like controlling your credit card usage, using cash on some occasions, debt consolidation etc.

11. In case your credit card gets lost or is stolen. Immediately inform (call) your credit card supplier to get it invalidated. Keep this phone number separate from your credit card.

12. Be prompt in advising the change of address to your credit card supplier.

13. Be aware of various offers / discounts that accompany your credit card. You never know when one might prove useful to you.

14. Do not mistake credit card for free money or a lottery. Remember that you will have to pay for it. So always stick to your budget.

15. Check if one of the special credit cards e.g. student credit card, small business credit card is better for you.

16. Always read all the instructions supplied with your credit card especially the ones related to fee/commissions etc.

17. Redeem membership rewards in time. Don't let the points get expired. Never leave them unutilized when closing your credit card account.

18. Take professional advice if you are too deep into credit card debt.

19. Never get lured by all the free offers on your credit card and end up spending thousands of bucks just to realize later that you can't actually pay it back in time.

20. Never apply for too many credit cards just for fashion sake. Even you don't use them you might still be paying annual fees and them and moreover why keep something you don't need.
 
 
About the Author
CCN.com is a free online credit cards reviewand application website. We offer credit cards selection from visa,master cards, discover, american express and many others. We have quite some categories and hundreds of credit cards selection to fit your need. Apply for a credit card at CCN.com.

Article Source: http://www.simplysearch4it.com/article/19078.html
 
If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/19078.html" as shown above and make it hyperlinked.



  Some other articles by Rudy Hadisentosa
Business expense reporting using small business credit cards
We know that there are multiple benefits associated with a small business credit card. However, business expense reporting is probably ...

Personal Vs small business credit card
Credit cards seem to have become a fad today. Almost everyone has a personal credit card today (a lot of people have more than one credit cards). Though most of the people use personal credit cards ...

Benefits from small business credit cards
Imagine hiring an accounts keeping agent for free for your small business. This is what small business credit card does for you indirectly. However, this is not the ...

Small Business Credit Cards Advantages
A lot of people associate credit cards with just personal credit card which an individual posses and uses for shopping etc. However, there is another category of credit cards and ...

Getting it even with a bad credit rating
Yes, you can get a credit card even if you have a bad credit rating. So if you have been refraining from applying for a ...

Repairing your credit rating
It's not just the negligent who can end up with having a bad credit rating. Courtesy fraudsters, you can have a bad credit rating even ...

  
  Recent Articles
Debt Collection Agencies : Understanding a growth industry
by Martin McAllister

Five General Financial Habits That Can Raise Your Credit Score
by Dulce Azogue

Why Your Credit Score Is More Important Than You Realize
by Dulce Azogue

How To Start Fixing Your Credit Repair Ratings
by Tony Pescatore

Cheap Credit Card: Make It Possible…With Ease
by Josephine Wingfield

Violent Crime On Innocent Victims…Adds To The Victim's Woes…With Mountains Of Unpaid Medical Bills and Bad Credit
by Dale Rogers

How To Eliminate Credit Card Debt
by Tony Pescatore

Bad Credit Is No Longer A Taboo In Loan Market
by Turk Malloy

Poor Credit Does Not Debar You From Getting Secured Loan
by Aldrich Chappel

Credit Card Debt Management Gives Better Solution of Debts
by Ann Gibson

Bank On Your Future And Purchase The Car Of Your Dreams
by Christine Macguire

Business credit card: A new dimension for financing business
by Josephine Wingfield

Can't connect to database