We have written many times about how useful a credit card is. Recent demonetization and booming e-commerce transactions have increased the usage of plastic money. Improper use of a credit card can often land you in financial troubles. We bring you, pointers that will help you make the best use of your credit cards.
1. Stick to your limits: Each credit card comes with a credit limit. It is good to adhere to your credit limit and not overspend on your cards. In fact it is good to have a credit card utilization limit of 40-50% of your limit only. Over usage of your card often can end up costing your credit score.
Additional Reading: 6 Things NOT To Do When You Apply For A Credit Card