2. Maximizing Your Statement Cycle

You can receive a free loan from the bank if you have been paying their balances in full and on time. This is the smartest way to use your credit cards. But think in a little smart way and use a smart strategy. Did you know that any charge made the day before your statement closes will be due 20-25 days later.

But if you make that same charge the day after your statement closes, then you have another extra 30 days to pay it without incurring interest. This means you can get an interest-free period of up to 55 days. Though the bank may not let you do this over and over again, but it is a great way to get a few extra days out of your statement period in order to push back your due date.

3. Bonus Bumping

Several times it happens that you apply for a credit card and later realize that there was a better sign-up bonus offer available? To avoid such situations, call the bank inform them of the other offer, and ask them to apply it to your account.

For purpose of safety the bank prefers to log into their bank's website and send a secure message. By doing this, you'll have the bank's response in writing, so there will be no dispute over how many points you should receive.