There's a famous saying: "Those who love, take care." This old saying, passed down from generation to generation, can also be applied to your credit card or personal loan. Knowing how to save money with your credit card is essential to avoid unwanted surprises.
You need to be responsible when applying for a credit card, taking extra care to ensure it isn't used against you—or rather, against your finances. After all, don't confuse credit with available cash.
The essential tip from experts is: Did your card get approved? Don't just buy whatever you want and whatever you don't want; it's important to select the card that's best for you. This way, you'll learn how to save money with your credit card from the moment you choose your shopping partner.
As the year is just beginning, it's worth trying to make your financial plan to save on credit cards and achieve your medium- and long-term goals.
Understand that choosing your credit card is already one of the factors to consider in this planning process. Besides using your card wisely, there are ways to save money by getting one.
Card options that are available to make:
The first one needs no comment. Just type NUBANK into search engines. It's highly rated by users! Then move on to DIGIO, then INTER, then the SUPER Card, and so on—there are numerous options for applying online.
Don't get into debt, always try to pay your bill in full.
This is for one reason only. To avoid paying high revolving interest, this command is vital, as is making payments by the due date.
If you can't afford to pay your bill in full, the best option is to pay the monthly balance in full. It's like this: the more you pay, the more you'll save on interest over the long term.
Be prudent, have few cards
In fact, have one or two more at most for the option of different payment dates. It also centralizes purchases on a single card, which can be worthwhile when you have reward program, having few cards is an incentive to buy less (isn't that the case for you?).
This applies not only to the free annual fee, as mentioned above, but also to ensure you're aware of the terms of use and avoid unpleasant surprises.