The bank will bail out the funding needs in the transaction. Furthermore, on the agreed date, called the due date, you must pay the bail out of the bank you have used.
If you pay your credit card before the due date, you will be interest free. Whereas if you pay after maturity, you will be exposed to interest. Likewise if you pay the bill with a minimum payment: the bank will charge interest from the current bill. Therefore, free credit card is much better in usage.
Here comes a lot of trouble: bill payments always with minimal payout so you are exposed to your interest and your debt is endless.
However, as long as customers still treat credit cards as a means of facilitating transactions, customers need not be afraid of owning and using credit cards. Because the transaction is still in accordance with the financial ability.
Here are the credit card functions you can use to maximize the benefits and benefits of each transaction:
Credit Card Help Consolidate the bill
With a credit card, you can take advantage of the various billing payment features you have. Such as electricity bills, mortgages, phone bills, cable TV, vehicle installments, to installment of water.
You do not have to queue up at the ATMs on the eve of the due date and do not need to remember different customer numbers. Simply register the charge to the credit card issuing bank to pay all the regular bills.
Then before the due date of the invoice, you have to pay all the installments in full. Check with the credit card issuing bank you now have, what are the bill payment services provided to each of their credit card customers.
If you do not have a credit card yet, choose a credit card that has a payment facility for these various routine charges to consolidate all bills.