5 Ways To Maximise The Benefits Of Your Credit Card
Choose the best-suited credit card for you
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Before opting a credit card, you must identify the card category you should go for based on your spending habits and patterns
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Look out for sign-up perks and bonuses
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A number of credit cards offer welcome benefits/sign-up bonus when you avail a credit card
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Consider interest-free credit period
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Usually the credit cards come with an interest free period which ranges between a period of 20 to 55 days, depending on the type of card chosen.
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Keep a check on your credit score
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Credit cards and credit score, impact each other adversely. A credit score is the primary determinant of your credit worthiness and enables you to get a credit card easily
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Track and redeem your reward points
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Credit cards with reward points often give you the flexibility of redeeming your points and purchasing something from the bank’s rewards catalogue across different brands.