Dos And Don’ts When Using a Credit Card.
Using a credit card gives you a sense of power and security. And as the quote goes, “with great power comes great responsibility.” Let us look at some of the dos and don’ts that will help you when using credit cards responsibly. Click on the link to know more about the Do and don't when using a credit card: https://medium.com/@Cardinsider/dos-and-don-ts-of-using-credit-cards-2718d4949ed1DOs. Pay Your Bills on Time: It is important that you do not miss any credit card payments. Late payment will result in penalty charges, which will impact your credit score. Pay Your Entire Bill: If possible, pay the entire bill amount. If not, definitely pay more than the minimum due amount.DON’Ts...Don’t Miss a Payment:As explained above, it is important to pay your credit card bills on time.Never Use Your Credit Card for Cash Advances:Withdrawing cash from a credit card will immediately result in higher interest rates.