In the life of every person there are times when money is urgently needed. You can borrow money from relatives, but not everyone will agree to lend. You can apply for a loan at a bank, which will not work quickly, since it takes time to collect all the certificates and wait for the bank's decision. A credit card received in advance will allow you to receive money as soon as you need it. A few simple rules will help you use it wisely.
Instructions
Step 1
When receiving a credit card at a bank, be sure to connect Internet Banking and the Mobile Banking service to your phone. You will receive SMS, and you will control the balance on your account, as well as all credit card transactions. With the help of the Internet bank, you can log into your personal account via the Internet on your computer or on your phone and monitor your account. And if you go beyond the grace period, Internet Banking will help you to comply with the loan payment schedule.
Step 2
To use a credit card in stores and in the terminal, you will be given an envelope with a pin code. Do not write the PIN code on the back of the card. Memorize or write it down in a place known only to you.
Step 3
When shopping in stores, keep a close eye on your card. The map should always be in front of your eyes. Check if your card has been returned to you. When entering the PIN code, cover the terminal with your hand from prying eyes.
Step 4
Buy only what you really need. The presence of free money on the card increases the likelihood of making rash purchases. Always remember that the money spent will definitely need to be returned.
Step 5
All credit cards have a grace period during which you can use money without interest. Try to keep within this period and you will save your money.
Step 6
When you exit the grace period, you will need to return the money with interest. Strictly adhere to the loan payment schedule. Return money in an amount not less than the minimum monthly payment. Do not forget that for late payment a penalty is charged for each day of delay.
Step 7
When withdrawing money in cash at an ATM, remember that for this service they charge from 3 to 5 percent of the withdrawal amount. The grace period does not apply. This means that you took out a loan and the money will need to be returned with interest.
Step 8
Do not give the card to anyone for a while. When paying by card in cafes and restaurants, pay in person and do not let go with your card. Fraudsters do not need a PIN code to withdraw money from your card. You can withdraw money via the Internet using your card number, card validity period and CVC code indicated on the back of the card.
Step 9
Do not use your credit card to shop online. Get another card. An ordinary debit card is suitable for this.
Step 10
If you lose your credit card, immediately call the toll-free number indicated on the card and block the card. Write this number down on your phone.
