1, free of annual fee

Nowadays, credit cards are getting bigger and bigger. Many banks will give various discounts in order to attract users, and the annual fee exemption is one of them.

The specific rules are different. Some are directly exempt from the annual fee, some are exempt from the annual fee for a certain number of times each year, some are exempt from the annual fee when spending reaches a certain amount, some are only available in the first year of card opening, and some are unavoidable even if spending.

Therefore, sisters should read the rules clearly when handling cards, and don't easily open multiple cards to be idle. They should maximize their card rights.

2. Discount on specific dates

Mainly can save daily living expenses such as eating, watching movies and refueling. Friends who like eating out and want to save money can pay more attention, such as:

[50% off at China Merchants Bank on Wednesday] Local catering stores have a 50% discount on the same day, but now the event is very popular, and many coupons have to be grabbed:

[Guangfa Super Brush] If the consumption reaches the standard, you can draw points or pay by credit card.

[CITIC Nine Points Redemption] Spend nine days a month and get an opportunity to redeem 9 points for members and vouchers.

Other common activities include full reduction, credit card swiping, and red envelope drawing, but the essence of the activity is to promote consumption. Sisters must keep their eyes open and not be kidnapped.

3. Redemption of points

Generally, the accumulated points are spent by credit card, and some small games have points every day.

Points can be exchanged for items, such as video website VIP, daily necessities, electrical appliances, JD.COM e-cards, shopping cards, air miles and so on. If there is daily demand, it can also be regarded as "cash income".

Different banks will have different points rules. Some banks calculate by single consumption and rounding. For example, 20 yuan accumulated 1 minute, and spent 19.9 yuan, with no integral. It is necessary to know clearly first.

But don't raise the consumption budget because of this, and by the way, hold the idea of exchanging points for prizes.

4. Use the interest-free period skillfully.

Credit cards have the difference between billing date and repayment date. The repayment date is usually 20 days after the bill date.

In other words, credit cards generally enjoy an interest-free period ranging from 20 to 50 days, which can be adjusted by setting the billing date and repayment date.

By making good use of the interest-free period, we can use the cash temporarily saved by credit card consumption to manage money and earn income.

But remember not to leverage cash, the risk is too high.

How to make full use of the interest-free period of credit cards? Let's take three credit cards as an example.

Set the billing dates of the three credit cards to 5th,15th and 25th of each month (separated by10th day).

Cards with a billing date of 5 days from 6th to 15 every month, cards with billing dates of 15 on 6th and 25th every month, and cards with a billing date of 5 days from 26th to next month are used in turn.

Because the last bill of this card (the bill date is 5th) has been issued from 6th to15th every month, and 6th is the first day of the current bill. From this date, the interest-free period will last up to the billing date of the second card.

Others are similar. In this way, you can break down the whole month's expenses into these three credit cards and make full use of the interest-free period.

5. Credit card trap

1. Late payment fee and interest

Pay all the expenses of the current bill before the repayment date, and there will be no other interest. However, if it is overdue, it will not only generate high late fees and revolving interest, but also affect personal credit information.

2. Interest-free installment repayment fee

We must pay attention to the handling fee for installment payment. At present, it is terrible to convert the installment interest rates of or banks on major platforms into annualized interest rates, ranging from 1 1% to 17%.

So don't use installment payment unless necessary. If it is a necessary consumption, and there is an interest-free installment payment that clearly does not charge any fees, you can occasionally use the next page.

It is illegal to withdraw cash by credit card.

The withdrawal fee is also very high, which is similar to the nature of the loan. Don't use it as a last resort. It is also urgent to consider realizing cash and investing to make money. After all, you can't make a fortune in just one month.

4. Temporary quotas

You can't pay in installments, you can't make the minimum repayment, you must pay it off in one lump sum, otherwise it will affect your credit information.

Some temporary quotas can be converted into fixed quotas, but there are time intervals and frequency requirements for withdrawals. Converting a temporary quota into a fixed quota will take up the number of withdrawals, which is not good for those who can apply for a larger amount of withdrawals.