A credit card today is one of the most demanding and important source used to make different types of the payments and make online or offline transactions. There are a number of the advantages a credit card provides to a user. The benefit depends on how smartly you use your credit card.
The working of a credit card is dimple, and easy. A credit card helps you make cashless transactions. It is easy to carry, store, and use. It provides you more time to make the payment for the purchase of any kind, transactions or other uses done using a credit card.
You can use your credit cards and pay the due on time before the due dates passes. Late fine, interest or other charge may apply as per the respective bank terms and conditions.
On the payments made after the due date, certain percentage of the interest and late fine charge apply.
It is important and necessary to maintain good credit score. It is the credit score that plays an important role in defining your credit history. Follow the following tips to enjoy the use of credit cards and maintain health credit history :