We all fancy credit cards for one reason or the other. As a matter of fact there are some people who cannot do without credit cards, and for this reason it is important to try and look into some of the tips that can guide you towards the best and most effective usage of the cards.
Remember that there is a difference between tips and tricks and secrets. The credit card companies in the USA usually have a number of tricks up their sleeve that you might never know about, and eventually fall for, while there are some secrets that you can come to learn which will ensure that your usage is somewhat reasonable. Herein we give you some tips on how to make sure that you use your credit cards in the right way.
Did you know that you can get your annual fees dropped? Interestingly enough when it comes to credit lines most people are never aware of this. However, there is a catch to it. You will first have to make sure that you have good credit for you to take advantage of this. If you believe that you have good credit, simply call in and request for the fee to be removed, and you might be surprised with what happens next.
By the time you accept your credit cards from any banks in the USA and it is ready for collection, you must have at least signed up for it or signed somewhere. This is where most people again make a mistake. We end up signing for stuff that we never read. It is always advisable that you read the fine print before you sign anything. One of the things that most people do not notice when signing up for credit lines is that in the “universal default” section, failing to pay up on time on one of your cards will get your interest rates increased not just on that one card, but on the others that you have too. It is amazing how these companies get people especially with this rule, but at least now you are in the know.
Your payment due dates will always be at the discretion of the credit cards companies. This is also another important point to note. Never assume that your payment dates will always be the same. The companies usually change them at their discretion, so you have to be keen on this. In the event that you default on the payment date, the company will not only collect fees for late payment, but they will also raise your rates.
When you are looking for credit cards in the USA, you can always consider credit unions. The credit unions usually have some of the lowest rates and some even make sure that you have zero liability in the case of unauthorized charges.
There are some companies that can waive your late card fees. This is in the event that you have never been late on your payments since you started using the credit lines. However, you will only get this option available to you if you call in and ask for it.