Credit card is very convinience to use and it help us a lot to do not bring many cash.
however, many of people get trap!

I am using credit card to purchase and pump petrol, but I don't like to owe money to bank or credit card, and for proper financial management, I pay the amount I use from credit card within 1 weeks it appear in my outstanding balance.
So, what I am advise to have an online banking with your credit card company, so you can easily check your balance and payment due date to avoid unnecessary high interest rate and finally get trap to be work for credit card company.

Credit card is for our convinience, my advise is to not have more than 2 credit cards and what I mostly prefer is debit card as what you spend is direct from your own account, so you only spend what you have.

As reminder, please do have save first and spend later habit for proper financial management and learn to invest.

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Added on August 8, 2009, 7:50 pmIt is depend on the credit card company policy. It is not about cheating or not, before apply anythings, please read carefully the term and condition and ask until understand. Some not responsible agent will not tell you everything, what they want is you sign up and they earn commission. So be careful.
If not happy with this company, you can cancel it and apply for the one you comfort to.

This post has been edited by kgloh23: Aug 8 2009, 07:50 PM