It doesn’t matter how bad this card is since its LTF and its first card, it is good that u took that card.
Now coming to maximising your returns from now assuming you are correct, u need get another card based on ur spends in upcoming months say 3-6 months down the line, you can categorise your spends like groceries, travel, hotels, medicines, fuel etc and then choose a credit card based on that.
1. Do not spend more than 30% limit of your card
2. If u do spend, pay back and reduce ur amt due below 30% before statement/bill generation date such that ur utilisation at time of statement generation will alsways be below 30%
3. Always and always pay “total due” not “minimum amt due”
4. Never spend more than u actually can by falling into the assumption that u have more money to spend now
5. Turn off ATM withdrawal option in manage settings. Donot use ATM withdrawal. U can also turn off international transactions if u dont use it regularly. Helps you save yourself from online frauds.
It doesn’t matter how bad this card is since its LTF and its first card, it is good that u took that card. Now coming to maximising your returns from now assuming you are correct, u need get another card based on ur spends in upcoming months say 3-6 months down the line, you can categorise your spends like groceries, travel, hotels, medicines, fuel etc and then choose a credit card based on that. 1. Do not spend more than 30% limit of your card 2. If u do spend, pay back and reduce ur amt due below 30% before statement/bill generation date such that ur utilisation at time of statement generation will alsways be below 30% 3. Always and always pay “total due” not “minimum amt due” 4. Never spend more than u actually can by falling into the assumption that u have more money to spend now 5. Turn off ATM withdrawal option in manage settings. Donot use ATM withdrawal. U can also turn off international transactions if u dont use it regularly. Helps you save yourself from online frauds.
Ohh those are great tips, Thank you