4 Simple Credit Card Saving Tips
For many people, the words credit and saving are worlds apart. Well, this does not always have to be the case. Actually, you can save a lot of money by taking some time and learning some credit card saving tips. While it is not a guarantee that you will save thousands, you can save some substantial amounts if you follow these steps. Here are some of the few tips that can help you save on credit cards if you live in Singapore.
1) Do Your Research Before Applying For A Card.
Do not rush into applying for credit cards when you have limited knowledge. There are many credit card companies in Singapore and all of them are trying to entice customers to their side. If you are not sure which credit card will best suit your shopping needs, do some research.
Every credit card has a way of operating, offers different rates and also gives special rewards to the user. Do not run to a credit card just because of the credit card rewards. While it is good to get some amazing offers on credit cards, some credit cards with rewards tent to have very high rates. If you live in Singapore, you probably have a lot of options with the credit card promotion in Singapore at your pick. If you chose to settle on a rewarding credit card, then you need to implement the tip number 2.
2) Carry a spare credit card.
If you can’t get your hands off the reward credit cards, you should have a spare credit card. This will help you do everything else like shopping with your spare credit card while at the same time giving you a chance to explore great rewards with your other card. With plenty of rewards and shopping promotions in Singapore today, you may not want to miss out on the the latest Zalora promo code among others. It is therefore wise to take the rewards and avoid everything else.
3) Pay more than the minimum and pay on time
When making your credit card payments, always add a little more on top. This may come in handy on a day when you do not have the full amount to pay. One of the best credit card payment tips is to always pay on time. Some credit card providers actually reward users who pay on time for a given number of months. Missing payments is a key reason to skyrocketing credit card debts. When you delay your payment, you are charged for every subsequent day.
4) Have an Emergency Fund
Some people entirely rely on credit cards to cover for their emergencies. If you are one of them, you are in a bad place. Relying on credit cards to cover for emergencies is very tempting, however, you should control yourself and have an emergency kit. When you pay for your emergencies using your card, you may keep a balance on your credit card, Keeping a balance simply means more interest.
Always do a Google search before you make your online purchase. For example, perform a Google search for Lazada promo code or Lazada discount code to look for the best saving deals before you make any purchase using your credit card.
Another quick way is to check out Cardable credit card promotion deals to find the latest credit card offers available in Singapore. However, you should be careful not to end up eating into your future with credit card debts.