answersLogoWhite

0


Best Answer

When using a credit card, its important you use it properly. (check this link out:http://www.americanfinancialfreedom.org/credit-cards/usingacreditcard.aspx)

To build good credit, I recommend using the credit card to make large payments (ie furniture, bills) or items you can pay back immediately. This is crucial! You absolutely do not want to go into debt to a credit card-- interest rates, credit line fees, etc pile up quickly and will drown you.

Be responsible, when yo use your credit card, pay it off immediately. If you do have debt on your credit card and can't pay it all off at once, try to pay MORE than the monthly minimum.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are some appropriate uses of credit cards?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

How does a Charter One credit card differ from other credit cards?

One difference of the Charter One credit from other credit cards is that the Charter one allows the user to combine their debit and credit card for everyday use to earn reward points. Some other credit cards may also have the same function of earning reward points but not the combination of debit and credit uses. The Charter One is mainly for business use purposes, this may be also be a difference to other credit cards.


What are the modern uses of money?

credit cards debit cards cheques paper money gold valuable stones coins


If your cohabitant boyfriend steals and uses your credit cards who is responsible for the money spent?

unfortunately you have to because its your credit card. good luck!


What exactly is an chase card?

Chase cards are credit cards with many uses. For example, the Freedom chase card can earn you cash back, and a travel chase card can earn you travel rewards. The Chase company creates credit cards like these to help save customers money.


How do credit cards work?

Answeryou buy stuff, pay for it with your credit card and then pay the bill at the end of each month. A credit card is a convenient instrument to meet your financial needs. The credit card serves as an arrangement between the card holder and the lending institution. When you buy something with your credit card, the bank agrees to pay the store in your behalf. The bill will be sent to you in the form a credit card statement. Knowing how credit cards work will help you maximize its benefits and uses.

Related questions

What do police do to the people that uses stolen credit cards?

arrest and put to jail


How does a Charter One credit card differ from other credit cards?

One difference of the Charter One credit from other credit cards is that the Charter one allows the user to combine their debit and credit card for everyday use to earn reward points. Some other credit cards may also have the same function of earning reward points but not the combination of debit and credit uses. The Charter One is mainly for business use purposes, this may be also be a difference to other credit cards.


How do you use cash in a sentence?

Tom never uses credit cards to pay money,he always uses cash.


What company has a good plan on business credit cards.?

I had a good business credit cad from Capital one. Otherwise it is always a good idea to get credit cards from the same bank your company already uses.


What are the modern uses of money?

credit cards debit cards cheques paper money gold valuable stones coins


If your cohabitant boyfriend steals and uses your credit cards who is responsible for the money spent?

unfortunately you have to because its your credit card. good luck!


What if person uses deceased persons credit cards?

The use of a deceased person's credit card would constitute credit card fraud. Unlawful use of a credit card is a criminal offense.


Uses of prime numbers in daily life?

Prime numbers are used to encrypt credit cards and identify them.


What is the definition of carder?

A carder is a criminal who steals, trades and uses stolen credit cards over the internet.


What objects can't be in contact with electromagnets?

Anything that uses electromagnets to work, such as credit cards, monitors, or hard drives.


How do you spend real money on ps3?

The Playstation Store uses Playstation Network cards or Credit Cards matching account information to add money to your Playstation Wallet


What exactly is an chase card?

Chase cards are credit cards with many uses. For example, the Freedom chase card can earn you cash back, and a travel chase card can earn you travel rewards. The Chase company creates credit cards like these to help save customers money.