1. Remember to choose credit cards that give you rebates on your purchases. Through this way, you are able to save even more just like when you’re buying things at a discounted price.
2. Do not ever forget about your accumulated credit card points. Use them wisely. You can exchange them for food outlet vouchers or supermarket shopping vouchers.
3. Use your credit cards to its maximum advantage through your spending. It is vital for you to always be on the safe side by being more debt-savvy and economical in using your credit cards.
4. You should always remember to always take time to read the terms and conditions in your credit card agreement and statements. Make it a practice to check your credit card statements for suspicious or unauthorized transactions.
5. Always remember to check your year to date summary transaction in your yearly January statement. This summary statement helps you understand the interest payments for your outstanding credit card balances. Examine thoroughly your credit card statements in January every year as card issuers are required to disclose the following:
• Total credit for the year
• Total Interest
• Total finance charges
• Table on minimum payment warning
6. If you find any faulty or unauthorized transaction in your credit card statement. Call your card issuer to get them notified as soon as possible. It can be done either verbally or formally through writing if it involves a big amount of money. You may also contact the card issuer for clarification if there is anything you’re not sure about in your monthly credit card statements.
Read More : http://MyFinance.com.my/articles/detail/7211151405
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