CC tips - add your own!

Tip for new CC users:

1) Have all the cards bill aligned on same day, you can call them and ask to change the billing date.

2)keep track of your CC expenses seperately and utilise below 30% of credit limit offered.

3) pay on a fixed day each month. Best before 5 days of due so you have a safe gap if a transaction fails to settle.

4)when using third party apps for payment make sure you fetch latest bill on BBPS or enter as per the card due as in statement.

5) Next day of paying on any app visit the bank's app and check if the transaction is settled. You can also check outstanding through whatsapp message for many banks.

6) Never pay only minimum due, always pay in full.

7)keeps track of CC statements for any transactions you haven't performed or additional charges and raise the issue.

8)keep checking your score and loan accounts in 3-4 months to ensure no loans are taken under your pan details.

9)Have a tracker if possible to manage your cards throughput.

Updated list:

10) Always turn off international transactions.

11)Never withdraw money from ATM with CC as there are additional charges on that , you can turn off atm withdrawal.

12)If you enable contactless transaction, make sure to reduce the per transaction value and daily limit so it can't be abused beyond a point.

13) Do contactless payment with phone than the card itself for additional safety and cards can be in your collection.

14)Money you borrow from Credit cards is not imaginary Money, you have to repay the same in full, unlike personal loans where interest is low the CC interest can be High as 30%. So always spend with CC only if you have real balance to pay it off!

Stick to this to be on the receiving side of benifits from card and if wish to fund our benifits then you can skip above steps!