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5 Common Signs Of Wrong Credit Card Usage
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Credit Cards are among the most infamous financial tools available due to the abundance of benefits they provide. But these boons can very quickly convert into bane if caution is not exercised at all times.
Click on this link to stop using credit cards in the wrong way:- https://cardinsider.mystrikingly.com/blog/common-signs-of-wrong-credit-card-usage
1. Using debit cards instead of credit cards when shopping online
Never ever use a debit card when buying products or services online, experts advise.
2. Missing out on extra cash rewards
These days, many reward credit cards offer bonus cash back or points when using the card at a certain merchant – but card users don’t always tend to take full advantage.
Click here to know about 5 Common Signs Of Wrong Credit Card Usage
3. Assuming credit card debt is forgiven
Not only is it important to keep your credit card balances low for your own financial health, but also for your family’s financial well-being.
4. Not being careful when you cancel a rewards card
Many credit cards have proprietary points systems that don’t favor canceled cards.
5. Only making minimum payments
While cardholders should be making regular payments on credit card bills, going low and only making the minimum payment each month can trigger financial issues.
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