1. Be Cautious with New Card Offers:
Avoid taking credit cards from unsolicited or unknown calls. Always verify the source.
2. Confirm Annual Fees & Waiver Conditions:
Before accepting a card, understand the annual charges and the conditions for getting them waived.
3. Check Reward Points & Redemption Fees:
Ensure there aren’t hidden charges for redeeming reward points or vouchers.
4. Avoid Using Personal Cards for Business Transactions:
Mixing personal and business expenses can complicate accounting and taxes.
5. Pay Bills in Advance to Avoid Penalties:
Paying early helps avoid late fees and interest, keeping your credit score healthy.
6. Set Transaction Limits Based on Your Spending:
Adjust your card’s transaction limits according to your spending habits for better control and security.