Want to Have a Credit Card How to Start
Many people who have never had a credit card And thinking about making a credit card, may be confused about which type of credit card to choose, what are the criteria or important factors in choosing a credit card?
Nowadays There are a variety of newly released credit cards. To suit the lifestyle of today's people. Therefore, the main factors that should be given importance in choosing a credit card such as interest rate Various fees Including annual service fees And promotion of each type of card etc.
Want to have a credit card How to start
1. Consider the activities you like to do. For example, if you like Shopping, you should choose a card that has promotions with department stores that you regularly buy. Or the payment by installments without paying interest Another option is to hold a credit card issued between a financial institution and a store business, such as a credit card issued with a mall. Together with the airline Together with the hospital that we use the service regularly Because these credit cards Usually there are promotions that financial institutions do with other stores better than other credit cards.
2. Choose a credit card that doesn't collect an annual fee. Or there are conditions for waiving an annual fee that doesn't have to be very complicated This may be done by looking at the minimum minimum spending conditions. Or which card offers a free annual fee for life for us without conditions.
3. In cases where it is often not possible to pay the full amount Should choose a credit card with the lowest interest rate for credit card loans And does not charge additional fees because some credit cards may charge additional fees in the event that the full amount cannot be paid, such as using a credit limit Causing all expenses to be higher than expected.
4. Choose to use the SMS Alert service to immediately receive information about spending when using a credit card. For safety And able to check the accuracy Whether spending locally or abroad Some banks offer this service for free.
5. Payment channels and convenience are another important issue that should be considered. Most credit cards If paying with the financial institution that issued the credit card There won't be any fees charged. Which can pay in many ways Regardless of via Counter or Internet Banking or Mobile Banking, however, normally we should choose a credit card from a financial institution that can be easily contacted. Or choosing a credit card of a financial institution that has an Internet Banking and Mobile Banking account, will increase convenience.
From all these factors May help in making the decision to choose a credit card more accurately.
see also finance and business knowledge
