When you shop for grocery or buy tickets to fly with your credit card, your lending institution make sure to pour you with lucrative offers and deals. Sometimes, there are loyalty bonus points, which add to benefits at further purchases. These points can be in form of air miles, petrol miles, cash back etc. All they do is to encourage you for further usage. Despite the cajolement, you need to keep track of your expenditure and manage your finances well.
Keeping a minimum of one credit card and maximum two, is a sound decision for any individual. If you are a businessman, then you can go for separate business credit card. It is advisable to keep the business and individual finances separate. As both are separate entities and must be dealt accordingly. The institutions providing credit card facility has tie ups with merchant establishments, which help in promoting their products mutually. You are user of these products and services, avail them with a sound judgement.
You need to have a credit card, which offers you the most in terms of financial security and transparency. It means, there must be no hidden charges and the services must be sufficient to facilitate comfort at transactions. When you make transactions, your credit statements reflect additional charges in lieu of that. Keep yourself well-informed about the same. Have a comparison and evaluation before you accept a credit card. Going online to find and compare the services will be a wonderful idea to carry research.
Seeing your increased usage, your financial institution may also provide you with additional credit card facilities. Like, they may provide you with fuel credit card, air miles credit card, premium credit card etc. You must accept or use credit cards, which are relevant to your expenditure. A lucrative credit card offer can make you run into heavy debts. Be a planned and well organised person at your finances. Think before you swipe your plastic money this time.
