With the popularity of credit cards (debit cards), it has become common for one person to have multiple credit cards (debit cards). There are advantages and disadvantages to applying for multiple credit cards (debit cards). There are many advantages. A credit card (debit card) can be used flexibly and enjoy the discounts of different banks. The disadvantage is that if you do not use it properly, it is easy to overspend, use the card to maintain the card, etc. Such examples are not rare in real life. . Therefore, it is very important to open multiple credit cards (debit cards) to avoid unnecessary consumption.

Credit cards (debit cards) all have interest-free periods. As long as you use them properly, you can make wise use of the interest-free periods to avoid accruing interest. Multiple credit cards (debit cards) can be used flexibly with the lowest interest rates. As long as you learn to use the bank's money wisely to do your own things, you can enjoy the bank's small interest-free loan every month.

The credit card (credit card) billing dates and repayment dates of different banks are different, so the interest-free repayment period is naturally different.

The shortest bank interest-free period is 25 days, and the longest can be 56 days. Clever use of these interest-free repayment periods is equivalent to enjoying the benefits of the bank without spending a penny in interest every month. Small interest-free loans.

How can you get the longest interest-free period for your credit card (debit card) and avoid interest?

Here we can make a calculation. If the billing date of a card is the 5th of each month and the repayment date is the 30th, that is to say, if the cardholder consumes on the 5th of each month, the interest-free period will be until the 30th of the month, which is only 25 days; But if the purchase is made on the 6th, the interest-free period can last until the 30th of the second month, up to 55 days.

So it can be seen that it is best to start consumption on the second day of the accounting date, so that you can enjoy the longest interest-free period. By analogy, assuming that the cardholder currently has 3 credit cards (debit cards), the billing date of the first card is the 5th of each month, and the billing date of the second card is the 11th of each month. , the billing date of the third card is the 30th of each month. Then, as long as you swipe the first card from the 6th to the 12th of each month, you can get the longest interest-free period, swipe the second card from the 12th to the 30th, and swipe the second card from the 1st to the 30th of each month. Swipe the third card on the 5th so that each card can fully enjoy the longest interest-free period.

The use of credit cards (debit cards) can be said to be a technical job. If the cardholder is not careful and inadvertently generates interest during the use of credit cards (debit cards), it will be very serious. It’s not cost-effective, and the interest on credit cards (debit cards) is compound interest. If the interest accrued is ignored, it may even lead to serious card debt.