6 Ways Not to Be Wasteful on a Credit Card

Maybe you often hear advice from friends or family not to use credit cards. The reason is that using a credit card is considered a wasteful habit that will be very difficult for you when it is past due.

Spending on using a credit card depends on how you use it. There are several ways to avoid being extravagant when using a credit card. Thus, the bill every month will not be a problem. What are they?

Use Only When Necessary
Never overuse a credit card. For example, your current salary is IDR 3 million, while your credit card limit is IDR 4 million, and you use the limit entirely. It won't be easy when the payment is due next month.

The trick is to not use a credit card as a daily transaction method, such as shopping for monthly necessities or shopping for food. These kinds of expenses can be different every month.

Use a credit card when you need a little expensive item, for example, to buy cellphones or other electronic needs. Later, you can change the payment system from the transaction to installments. Thus, the use of credit cards will be more controlled.

Withdraw Cash by Credit Card Only If Needed
As best as possible, avoid withdrawing cash using your credit card. The feeling of having money will always be there when a credit card is in hand. Later, the money you receive has to be paid in the following month besides the interest for each transaction.

Try to only use a credit card for shopping. Credit cards are a way to make shopping transactions easier and reduce the costs you have to pay each month, instead of a quick way to get the money that you don't have.

Pay Credit Card Bills in Full Every Month
If you already use a credit card, you are committed to paying bills every month. It's best to pay the bill in full to avoid the interest accruing when delaying payments. The more you are in arrears, the bigger the bill you have to pay each month.

Ensure the monthly credit card bill doesn't reach half of your income per month. If possible, convert large nominal transactions into installments so that the bill becomes lighter each month.

If available, take advantage of the 0% installment facility on a credit card for cheaper transactions. The PermataMobile X mobile banking application, for example, allows users to apply for installments so that their credit card payments will be cheaper.

Don't Miss Any Payment
Credit card owners will receive a bill on the same date each month. It is highly recommended not to miss a credit card payment every month. Late credit card payments will result in excessive charges due to late fees.

Determine Your Budget Limit
Using a credit card for shopping seems limitless. It will ultimately cause us to be careless and spend a lot of budget on shopping. Therefore, you better determine a credit card limit or budget limit so that the monthly bill does not grow.

Learn Tour Credit Card Terms and Conditions
Before using a credit card for shopping, you should study the terms and conditions of your credit card. Look carefully if there are special regulations regarding using it to credit card payment schemes. Don't let anything harm you as a customer.

There are several ways to avoid being extravagant when using a credit card. As long as you can manage your shopping habits using a credit card well, it's not impossible to use it more efficiently. In addition, make sure you always pay bills on time to avoid inflated interest.

PermataKartuKredit users don't need to worry because you can easily manage your credit card usage through the PermataMobile X mobile banking application. Through PermataMobile X, you can also apply for new credit cards, download e-statements, activate cards credit cards, create or change PINs, convert transactions into installments, block credit cards, increase temporary limits, and much more.

Not only for credit cards, but the mobile banking application also has hundreds of features to facilitate your banking transactions, from transfers, top-ups, bill payments, account openings, voucher purchases, and payments with the QR Pay feature.

If you already have a PermataKartuKredit but don't have PermataMobile X, don't worry because the registration for PermataMobile X m banking is easy. You only need to download this mobile banking application through the App Store or Google Play Store and register using your credit card number. Follow the instructions to complete and access your application.

There are many advantages of the PermataMobile X mobile banking application that you should not miss. By registering for m banking which is very simple and helpful, you can immediately enjoy various advanced banking features anytime and anywhere. What are you waiting for? Download PermataMobile X now!