What are the bad habits of credit card use?
The credit card holder started from the card. After a while, some people became card gods, and some people became card slaves. When swiping becomes our daily routine, some seemingly small bad habits can be infinitely magnified, even inadvertently getting us into trouble. Today, I will talk to you about the bad habits that almost everyone in the process of swiping will have.
1. Failure to repay on time.
Not paying back on time is the biggest stumbling block on the road to the card gods. Many small partners are not without money, but they don’t have the awareness of repaying on time. Over time, they not only need to pay extra interest, but also affect the future amount. More serious, it will also stain the personal credit.
2. Open the card indiscriminately, too many cards.
Many people will always have the urge to do a card after seeing the promotional activities launched by various credit cards. For example, a cardholder saw a half-price discount on the GF card today, so he set up a wide-issue card and then When I saw the preferential treatment of Minsheng Bank, I went to the credit card of Minsheng Bank. In this way, the cardholder’s wallet was filled with various credit cards.
In fact, if you have more than 3 credit cards in your bag, you should consider slimming down. Although there are more cards, the amount of credit available is relatively high, but there are some problems: First, it is difficult to remember the repayment date and repayment amount of these cards. If there is a slight loss, it will lose interest and even affect the credit history. Secondly, the risk of stealing is increased. In case of being stolen, the loss is naturally proportional to the amount.
3. Frequent withdrawals.
The basic function of a credit card is overdraft consumption. The bank can earn transaction fees and earn income by cardholder spending, so the cardholder is encouraged to swipe the card. This transaction fee is generally borne by the merchant. Credit card withdrawal does not involve merchants. Banks can only obtain income from cardholders. Therefore, cardholders are charged a credit card withdrawal fee, which is generally 0.5%-3% of the cash amount. In addition, credit card withdrawals do not enjoy an interest-free period, starting from the date of withdrawal or the next day, according to five-fifths of interest.
4. Credit card as a savings card.
Cash credit cards are available when needed. Many credit card holders are not very familiar with the rules for the use of credit cards, so they will deposit the cash into the credit card and take it out when needed. What they don't understand is that depositing cash into a credit card and then taking out it will result in a high handling fee and no interest, which is an extra measure.
5. Don't use cards to cancel.
Many netizens have been idle in a corner of a credit card that is not used frequently, or throw it away without a card. Card friends should know that if the credit card is not sold, it is easy to overdue the card and affect the credit record. Therefore, even if you do not use a credit card, as long as it is activated, there will be an annual fee. Although the bank has an annual fee-free policy, it is also conditional. It usually requires the cardholder to fill a certain amount or number of copies within one year. Otherwise, the annual fee will still be charged as usual.
6. There is no restraint to swipe the card.
Impulsive consumption has become the instinct of most people. The emergence of credit cards has made this consumption more “simpleâ€. However, this can be said to be the worst habit of credit card consumption and the main reason why most people are in debt crisis. If you have something you want, but you can't afford it, you should wait until you can afford it, instead of using a credit card payment to achieve the so-called "advance enjoyment."
7. Do not pay attention to credit card information protection.
There are also some bad habits of credit cards, such as not paying attention to protecting personal credit card information, including credit card inquiry password, card expiration date, 3-digit CVV code on the back of the card, and even external credit cards, which can easily lead to credit card theft.
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