8 Situations When You Should Not Use Your Credit Cards
#4 Avoid carrying credit cards when travelling
Credit cards provide security and confidence when you are on a trip out of the country. You are sure about your finance and you are at no risk of running out of cash. But do not forget the credit card transaction charges in foreign countries as you may have to pay a charge on foreign currency transactions. The constant fluctuations in the exchange rates may also put you at risk.
#5 Do not use credit cards just to collect reward points
As a part of the marketing strategy credits card companies have provided a plethora of perks including reward points on each swipe to lure away customers. It is not appreciable to use the card for the sole purpose of grabbing reward points. One may have to make a huge payment at the end even though the reward score on your card is high.
Read Also:
