If you use credit cards, you can enjoy interest-free credit, lots of rewards and free cash. Our 6 tips will tell you how to use your credit card for maximum benefit.

Each credit card has its own billing cycle. Once you realize the credit card billing date, you can maximize your interest-free period. For example, if you buy after a credit card bill is generated, you can enjoy up to 45 interest-free days, sometimes even more.

Pay the bill before the due date

When you regularly use your credit card and pay on time, your credit status with the bank will improve, which will bring a number of additional benefits, such as increased spending limits and personal loans and other financial products. Also, such actions will improve your credit score, which is very beneficial if your score is low.

Follow reward

Read your credit card booklet carefully, especially the details of the benefits and rewards it offers. Your credit card can open many discounts on products and services. In addition to the free VIP lounge and airport priority service, in the long run, your credit card spending points can range from free tickets to movie vouchers to electronic discounts.

Repayment

Your bank may give you a convenient way to repay your credit card bill. When you choose this option, you can purchase bulk items, such as small loans, on a monthly installment. This will help ease your financial stress.

Use your card with trusted merchants

Whether you shop online or shop at a local store, make sure the merchant or retailer is the one you trust. This will minimize the risk of your card being misused.

Pay attention to your credit card usage

Use your credit card carefully. Avoid credit card restrictions every month. Monitor your credit card transactions regularly and pay attention to the specific patterns of your spending. Tracking your expenses also ensures that you notice unexpected transactions, and you can point them to your bank immediately. You can even set your credit card limit to avoid any excessive spending.