TIPS TO MAXIMIZE BENEFITS OF CREDIT CARDS

Yes, credit cards, many people don’t think of them as useful as they are. But if you know how to use them, they can be really useful tools. Spending carelessly through your credit can put you in a lot of debt, and it can ruin your credit card by causing a nuisance. Credit cards always offers their best privileges and rewards to their users. But those privileges are hard to get because of the lack of credit card knowledge. There are many of us who don’t know how to use credit card and enjoy its convenience and privileges. But if you want to enjoy those offers, then let me tell you it is not that hard, you just need to have some knowledge about credit card to get its benefits. So here are some of the ways you should be aware of to avail the privileges and convenience offered by credit card.

1. Most suitable card
   Firstly, it is really important that you should have the card that suits your needs, no more than that and no less than that. You must be aware of the facilities that credit cards provide to you. Learn more about its discounts on other purchases so you can use it to earn rewards for yourself. 
   
   
2. Online Shopping
   Using your credit card for purchases can help increase your chances of earning more rewards. Though credit cards come with an interest-free period and range between 20-55 days, it all depends on the type of card you have. Therefore, it is good to choose a card that offers you a long interest-free period, so that you have enough money when you have to make payments so that you do not incur losses. 
   
   
3. Perks and Bonuses 
   Well, you should always be aware of your card to know when and where you can get perks and bonuses from your credit cards. First and foremost, thing to know is the sign-up bonus. You should know that there is always a sign-up bonus that helps you reap the benefits in many different ways. Compare credit cards from different issuers and find the one that offers the best and suits you best. You can enjoy many benefits with a credit card such as free hotel stays, cashback, or points for your air tickets. 
   
   
4. Credit card score and utilization ratio
   Knowing about your credit card score and its utilisation ratio will help you in many ways. If you miss or delay any of your payments, remember that it lowers your Credit score. It’s really important to keep track of how much you’re spending, no matter whether you have a high credit card limit or not. 

Additional Reading - ​How to use a credit card responsibly