Credit cards are widely used these days.People are inclined to take credit cards with the intention of making easy purchases even if they do not have the money.
The credit card, however, is like a two-edged sword.
There are all sorts of benefits to using it wisely.Otherwise face losses.Credit card statements in particular need to be considered very carefully.
But most people take a big look at the statement that reflects their card usage.Doing so will prevent you from seeing any incorrectly registered transactions.
Eventually the damage will happen without you knowing.
If you look at the statement, you can discuss these mistakes with the bank and correct them.But now let us learn how to identify these mistakes and how to prevent losses.1.
Payment due date credit card statement contains 2 details namely statement due date and payment due date.Statement due date means the date on which your credit card statement was generated.
It should not be layered as a payment due date.
Payment due date is the last date you have to pay the balance to the bank.2.The minimum amount to be paid Some companies do not charge interest on those paid within the grace period.
Interest will be charged on your arrears after the grace period is over.However it is important to note the amount you have to pay in the statement.You can also get out of the interest burden by checking the minimum amount and paying that amount.
3.Details of your transactions You need to check the transaction details to understand how much you are spending per month.Examining this will make it easier to identify the expenses you are making unnecessarily.
That way you can reduce your monthly expenses easily.4.Reward Points Most credit card companies offer reward points to their customers.
However you should check how many reward points you have in the statement and by what date they will be used.
Otherwise they will expire and become useless – Are You Using A Credit Card Otherwise You Will Lose Out – Are You Using A Credit Card Otherwise You Will Lose Out – క్రెడిట్ కార్డ్ ఉపయోగిస్తున్నారా… ఇలా చేయకపోతే నష్టపోవడం తప్పదు.! | Telugu News #Benifits #CreditCard #LatestNews #PaymentDueDate #TIps #TeluguNews #TeluguNewsVideos #TeluguStopVideos – telugu-title: Read More ??https:/telugustop.com/?p=1889682 #Telugu #TeluguNews #TeluguStop Channel:Telugu News
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