Excellent Tips For Best Use Of Credit Cards By Ashish Bhalla Ashish Bhalla Suggests Some Brilliant Tips For Credit Card Use Do you use your credit card? How often? Are you doing justice for it and in turn taking plenty of benefits? Credit card is undoubtedly the most essential finance tool of all times. However, one needs to be responsible in handling it. An individual owning a credit card should be smart so that he/she can maximize the savings and make use of plenty of benefits. Ashish Bhalla offers you some amazing tips to use your credit card in the best manner. When you follow them, you can get protection from the frauds, go with cashless transactions, and help yourself in case of emergencies. Tips to use credit cards in the smartest way Here are some of the exclusive tips and tricks offered by the professional Ashish Bhalla with respect to the usage of credit cards in the present modern world. Have a look at them as follows. 1. Try to have multiple credit cards When you are eligible to have credit cards then it is better to own multiple of them. The reason is you can gain immense number of benefits from them. For instance, one card can help you with home expenses or groceries, the other card can help you with travelling expenses, and one more can help you with emergency or medical expenses. 2. Mobile alerts Nowadays, banking frauds have become a common thing. Therefore, it is better to be secured by setting up alerts on your mobile. This way, you will no more have to worry about any misuse as any transaction happening from your card will directly be intimidated to you. In addition to this, you will also be updated with any information that is supposed to reach you on time. It can be related to exceed of credit limit, any unusual activity, and lots more. 3. Stay updated about credit score You need to plan your expenses through credit card well. Every person who is using the credit card should be aware of his or her credit score, and should always keep an eye on the credit card
statement. This will help you what how much you are spending each month, and then you can plan controlling your extra expenses as well. Update the bank to offer you an online statement every month, this way you can keep a track of your spending. 4. Go for low interest rate schemes No matter what kind of credit card you are holding in hand, it is always better to avail schemes that come at low interest rates. You can make the duration of the payment shorter or longer as per your requirements, but Ashish Bhalla suggests you to pick plans that come with low interest rates. Usually, people overlook this aspect and fail to negotiate and ultimately they lose a great deal. Therefore, the experts recommend to try negotiating with respect to the interest rates as there are high probabilities of cracking a good deal. 5. Don’t forget any rewards scheme Most of the credit cards offer you rewards on various expenses, make sure that you keep a track of them and never overlook as you may miss out some amazing benefits. Bonus points, cash backs, discounts, offers, and so on are some of the most interesting things that you can avail when you have a credit card in hand. All these rewards can be redeemed for travelling, shopping, eating, and even on fuel. So, don’t overlook this star aspect of your credit card schemes, neither today nor tomorrow. 6. Pick credit cards based on your lifestyle This is one of the most important to keep in mind. Never accept any credit card from the bank, and always make it a point to see if it matches your lifestyle. For example, if you are a shopaholic then a credit card with fuel benefits will not suit you. In the same way, if you are a travel person then a credit card with online shopping benefits will be of no use to you. Therefore, it is recommended by the experts to pick a credit card that suits your regular payments and lifestyle requirements, and only then you will be able to avail different kinds of benefits. 7. Don’t overspend on any cost
Ashish Bhalla rightly says, sometimes we tend to overspend when we own a credit card thinking that it is harmless. However, it is not a good way to use the credit card no matter what advantages you have it. It is always advised to keep a limit on the monthly spending. 8. High credit limit Whenever you are opting for a new credit card, try getting the one that offers you a higher credit limit. This will prove you beneficial in case of emergencies. So, make sure to keep the above points in mind and get the best out of your credit card.
What Ashish Bhalla has to say about credit card tips.