Do you want to make the best use of your credit card while staying out of debt? First of all you should have best credit card deal. Without having a good deal you can’t use it properly. Here are a few simple tips that can increase your total points in the credit card account and less chances of getting into debts.

Maximize your total spend with credit cards, use your credit card to make big purchases. The goal here is to maximum the number of points for each purchase. Make sure that you pay the total outstanding balance within the due dates. Use your credit card frequently, only if you can use it efficiently otherwise you will be at the risk of falling into credit card debts. This is helpful because it will reduce the chances of going over your budget by preventing you from buying small items that sometimes add up to more than you ever expected. It’s a rash decision to go for a super value meal because you were trying to get a free flight to Vegas. When you purchase with your credit card, make sure that you have set a minimum amount and you don’t make any purchases below that limit.

Use your credit card to pay the predictable expenses first, like phone or utility bills, grocery expenses, fuel for your car, and even your rent mortgage. These are some great candidates of your pre-fixed expenses and prefer to pay them by card only. This way, you will never go over your budget. All of these expenses are recurring, unavoidable, and necessary. By using your credit card for such fixed expenses, you will greatly reduce your chances of overspending and not to mention, you add up on your total credit card points.

The best way of using your credit card is to enroll in plans that are at your company’s costs. There are many businesses who favor certain airlines and hotels for traveling and accommodation when you are out on a business trip. If you are traveling for your job and will be reimbursed for your travel and hotel expenses, always enroll in credit card programs. The credit card points will rack up very quickly by paying for plane tickets and hotel rooms with your card while spending no money out of your own pocket.

Get rid of credit debts by following the above mentioned tips to make best use of your credit card. The ultimate thing is your knowledge which is the key to protect yourself from going into the debt whole.

This entry was posted on Tuesday, April 8th, 2008 at 10:21 pm and is filed under Credit Card. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.