Mastering Credit Card Payments Simplified

Did you know that credit card payments contribute significantly to consumer debt in the United States? According to the Federal Reserve, Americans collectively owed more than $1 trillion in credit card debt as of 2020.

If you’re struggling with credit card payments or simply want to improve your financial management, you’re in the right place. In this comprehensive guide, I will walk you through the ins and outs of working credit card payments successfully. From understanding the basics of credit cards to exploring different payment methods and tips for managing credit card debt, you’ll gain the knowledge and confidence to take control of your finances.

Key Takeaways:

• Understanding the basics of credit cards is essential for effectively working credit card payments.
• Making timely credit card payments is crucial for maintaining a good credit score and avoiding late fees.
• Credit card payments have a direct impact on your credit score, affecting factors such as payment history and credit utilization.
• There are various methods available for making credit card payments, including online payments, mobile payments, and automatic payments.
• By following tips for avoiding late credit card payments and paying more than the minimum amount due, you can stay on top of your payments and reduce interest charges.

A Beginner’s Guide to Credit Cards

Welcome to the beginner’s guide to credit cards! In this section, I will walk you through everything you need to know about credit cards – how they work, the different types available, and tips for using them responsibly. Understanding the basics of credit cards is essential for effectively working credit card payments and managing your finances.

So, let’s start with the fundamentals. Credit cards are financial tools that allow you to borrow money from a bank or financial institution to make purchases. Unlike debit cards, which draw funds directly from your bank account, credit cards provide you with a line of credit that you can use up to a certain limit.

When you make a purchase using a credit card, you are essentially borrowing money from the card issuer. You will need to repay the borrowed amount, either in full or through minimum monthly payments. If you pay off the entire balance within the grace period, typically 21 to 25 days, you won’t incur any interest charges. However, if you carry a balance beyond the grace period, you will be charged interest on the remaining amount.

Now, let’s delve into the different types of credit cards. There are a variety of credit cards available, each designed to cater to different needs and lifestyles. Some common types of credit cards include:

1. Rewards credit cards: These credit cards offer rewards, such as cashback, points, or miles, for every purchase you make. They can be a great way to earn perks or travel benefits.
2. Secured credit cards: Secured credit cards require a cash deposit as collateral. They are often recommended for individuals with limited or poor credit history, as they can help build or rebuild credit.
3. Unsecured credit cards: Unsecured credit cards are the most common type of credit cards. They don’t require a cash deposit as collateral but may have stricter approval requirements.
4. Charge cards: Charge cards are similar to credit cards but require you to pay off the entire balance each month, rather than allowing you to carry a balance. They typically have no pre-set spending limit.

Now that you have a better understanding of credit cards, it’s crucial to use them responsibly. Here are some tips to keep in mind:

• Create a budget: Set a monthly budget to ensure you can pay off your credit card balance in full each month.
• Pay on time: Late payments can result in fees and negatively impact your credit score. Always make your credit card payments on time.
• Avoid maxing out your card: Keeping your credit utilization ratio low, ideally below 30% of your total credit limit, can positively impact your credit score.
• Monitor your credit card statements: Regularly review your credit card statements for any unauthorized charges or errors.

Remember, credit cards can be valuable financial tools if used responsibly. Now that you have a beginner’s understanding of credit cards, you can make informed decisions when it comes to working credit card payments and managing your finances.

Comparison of Different Types of Credit Cards

Now that you’re familiar with the different types of credit cards, you can choose the one that suits your needs and financial goals. Remember to use credit cards responsibly and make timely payments to make the most of these financial tools.

The Importance of Timely Credit Card Payments

Timely credit card payments play a crucial role in maintaining a good credit score and avoiding unnecessary fees and high interest rates. When you consistently make your credit card payments on time, you demonstrate your financial responsibility and gain the trust of lenders.

Here are the key reasons why making payments on time is so important:

1. Protecting Your Credit Score: Late credit card payments can have a negative impact on your credit score. Your payment history is one of the most significant factors that determine your creditworthiness. Timely payments contribute to a positive payment history, while late payments can lower your score.
2. Avoiding Late Fees and Penalties: When you miss the due date for your credit card payment, you may incur late fees and penalties. These charges can quickly accumulate and add to your overall credit card debt. By making payments on time, you can avoid unnecessary expenses and keep your balance under control.
3. Preventing an Increase in Interest Rates: In addition to late fees, credit card companies may also increase your interest rates if you consistently make late payments. Higher interest rates mean that you’ll end up paying more in finance charges over time. By making timely payments, you can avoid these rate hikes and save money.

It’s important to note that even a single late payment can have a significant impact on your credit score and financial well-being. Therefore, it’s essential to prioritize timely credit card payments and develop good payment habits.

Tips for Avoiding Late Credit Card Payments:

To help you stay on track with your credit card payments, consider the following tips:

1. Set Up Payment Reminders: Utilize the reminder features offered by your credit card issuer or set up automated alerts on your phone or email to remind yourself of upcoming payment due dates.
2. Enroll in Automatic Payments: Take advantage of automatic payment options offered by your credit card issuer. By enrolling, your payments will be deducted automatically from your bank account on the designated due date.
3. Create a Monthly Budget: Develop a realistic budget that includes your credit card payments. By allocating funds specifically for credit card payments, you can ensure that you have enough money set aside each month to meet your obligations.
4. Monitor Payment Due Dates: Regularly check your credit card statements or online account to stay updated on payment due dates. Being proactive will help you avoid last-minute rushes and potential late payments.

By following these tips and committing to timely credit card payments, you can maintain a healthy credit score, save money, and prevent unnecessary financial stress.

How Credit Card Payments Impact Your Credit Score

Your credit score plays a crucial role in your financial journey, influencing your ability to secure loans, rent an apartment, and even land a job. So, how do credit card payments impact your credit score? Let’s delve into the factors and mechanisms involved.

Payment History: The Foundation of Your Credit Score

One of the most significant factors affecting your credit score is your payment history. Lenders and credit bureaus assess whether you make your credit card payments on time, as this reflects your reliability as a borrower.

Missing credit card payments or making late payments can have a negative impact on your credit score. On the other hand, consistently making timely payments demonstrates your financial responsibility and can improve your creditworthiness.

Credit Utilization: Balancing Spending and Available Credit

Another way credit card payments impact your credit score is through your credit utilization ratio. This ratio measures the amount of credit you’re using compared to your total available credit.

A high credit utilization ratio, meaning you’re using a significant portion of your available credit, can have a negative impact on your credit score. Lenders may view this as a sign of financial instability or potential over-reliance on credit. On the other hand, maintaining a lower credit utilization ratio showcases responsible credit management, positively impacting your credit score.

To maintain a healthy credit utilization ratio, it’s generally advisable to use less than 30% of your available credit. For example, if you have a credit limit of $10,000, try to keep your balances below $3,000.

Positive Impact through Responsible Credit Card Payments

Making regular, timely credit card payments can have a positive long-term impact on your credit score. As you build a history of responsible credit card usage and payments, it demonstrates to lenders that you are a reliable borrower.

By paying your credit card bill in full and on time each month, you establish a positive payment pattern that can improve your credit score over time. This not only increases your chances of being approved for future credit applications but may also help you access better interest rates and loan terms.

So, make it a priority to consistently make your credit card payments on time and manage your credit responsibly. Doing so will help you maintain and improve your credit score, opening up a world of financial possibilities.

Table: Payment History and Credit Utilization Example
| Payment History | Credit Utilization |
|—————–|——————–|
| Consistently makes timely payments | Maintains credit utilization below 30% |
| Occasionally misses or makes late payments | Utilizes a high percentage of available credit |
| Always pays credit card bill in full | Keeps credit utilization ratio low |
| Establishes a positive credit payment pattern | Demonstrates responsible credit management |

Understanding the impact of credit card payments on your credit score can empower you to make informed financial decisions. Remember, responsible credit card usage and timely payments can help you achieve and maintain a good credit score, providing you with greater financial opportunities in the future.

Different Methods to Make Credit Card Payments

When it comes to making credit card payments, you have several convenient methods at your disposal. Each method has its own advantages and considerations, allowing you to choose the one that best fits your needs and preferences.

1. Online Payments

Online payments have become increasingly popular due to their convenience and accessibility. Most credit card issuers provide online platforms where you can log in to your account and make payments directly from your bank account or using a debit card. This method allows you to make payments from the comfort of your own home, at any time that suits you.

2. Mobile Payments

With the rise of smartphone technology, mobile payments have become a convenient option for credit card payments. By using mobile payment apps such as Apple Pay, Google Pay, or Samsung Pay, you can securely link your credit card to your device and make payments with just a tap or a scan. This method is especially useful for in-store purchases, as it eliminates the need to carry physical credit cards.

3. Automatic Payments

If you prefer a hands-off approach to credit card payments, automatic payments may be the ideal choice for you. By setting up automatic payments, you can authorize your credit card issuer to deduct the minimum payment or a specific amount from your bank account on a predetermined date each month. This ensures that your payments are made on time, helping you avoid late fees and negative impacts on your credit score.

Remember to monitor your account regularly to ensure that the automatic payments are processed correctly and that you have sufficient funds in your bank account.

In addition to these primary methods, some credit card issuers may offer alternative options such as paying through check, phone payments, or in-person payments at their physical branches. Check with your credit card issuer to see what payment methods are available to you.

By choosing the method that suits your lifestyle and financial management preferences, you can make credit card payments seamlessly and effectively.

Comparison of Credit Card Payment Methods

Pros and Cons of Different Payment Methods

When it comes to credit card payment methods, there are several options available, each with its own set of advantages and disadvantages. In this section, I will outline the pros and cons of different payment methods, including online payments, mobile payments, and automatic payments. Understanding these factors will help you make an informed decision about which method works best for you.

Online Payments

Online payments have gained popularity due to their convenience and accessibility. Here are the pros and cons:

• Pros:
• Convenient: Pay your credit card bill from the comfort of your own home, at any time that suits you.
• Fast: Online payments are processed quickly, ensuring that your payment is received on time.
• Secure: Reputable online payment platforms use encryption technology to protect your financial information.
• Cons:
• Dependent on internet connection: Online payments require a stable internet connection, which may not always be available.
• Technical issues: Glitches or maintenance periods on the payment platform can temporarily disrupt your ability to make payments.

Mobile Payments

Mobile payments offer a convenient way to pay using your smartphone. Here are the pros and cons:

• Pros:
• Convenience: Your smartphone is always with you, making it easy to make payments on the go.
• Security: Mobile payment apps often use secure technologies such as tokenization and biometric authentication.
• Rewards and discounts: Some mobile payment apps offer exclusive rewards or discounts for using their platform.
• Cons:
• Compatibility: Not all merchants accept mobile payments, so you may be limited in where you can use this method.
• Battery life: Using your smartphone for mobile payments can drain your battery faster, especially if you have multiple apps running in the background.

Automatic Payments

Automatic payments enable your credit card bill to be paid automatically on a set schedule. Here are the pros and cons:

• Pros:
• Convenience: Set up automatic payments once, and your bills will be paid automatically, saving you time and effort.
• Timely payments: Automatic payments ensure that your bills are paid on time, avoiding late fees and penalties.
• Eliminates human error: With automatic payments, there’s no risk of forgetting to make a payment or entering incorrect information.
• Cons:
• Lack of control: Automatic payments can make it easy to lose track of your spending, as you’re not actively reviewing each bill before payment.
• Insufficient funds: If you don’t have enough funds in your account, automatic payments may result in overdraft fees.

It’s important to consider your personal preferences and financial situation when choosing a credit card payment method. What works for one person may not be the best fit for another. Take the time to weigh the pros and cons of each method and choose the one that aligns with your needs.

Tips for Avoiding Late Credit Card Payments

Late credit card payments can have severe consequences. To help you avoid the stress and negative impact of late payments, here are some practical tips to keep in mind:

1. Set up payment reminders: Utilize the reminder features provided by your credit card issuer or set notifications on your phone to ensure you never miss a payment due date. By staying organized and proactive, you can stay on top of your credit card payments.
2. Utilize automatic payments: Take advantage of automatic payment options offered by your credit card issuer. This way, your payment will be deducted from your bank account automatically on the due date, eliminating the risk of forgetting or missing a payment.
3. Monitor payment due dates: Keep a close eye on your credit card statements and note the due dates. Understanding when your payments are due allows you to plan your finances accordingly and avoid any last-minute payment delays.

Remember, maintaining a good credit score is essential for your financial well-being, and making timely credit card payments is a key factor in achieving that goal.

What to Do When You Can’t Make a Credit Card Payment

Sometimes, unexpected circumstances can arise where you find yourself unable to make a credit card payment. When faced with this situation, it’s essential to know your options and take proactive steps to navigate the financial challenges. In this section, I will explore the various credit card payment options available to you when you’re unable to make a payment.

1. Contact Your Credit Card Issuer

When you realize that you won’t be able to make a credit card payment on time, the first thing you should do is contact your credit card issuer. Explain your situation honestly and ask if they can offer any assistance. They may be willing to adjust your repayment terms, waive late fees, or provide temporary relief to help you through this difficult period.

2. Explore Payment Arrangements

If your financial situation is temporary and you expect to be able to make the payment in the near future, it may be worth exploring payment arrangements with your credit card issuer. They may be willing to work out a plan that allows you to make smaller, more manageable payments over a specified period until you can catch up on your credit card debt.

3. Seek Credit Counseling

If you find yourself consistently unable to make credit card payments and struggling with debt, it may be wise to seek credit counseling. A credit counseling agency can help you develop a budget, negotiate with creditors, and provide guidance on managing your finances effectively. They can also offer valuable insights and strategies for reducing debt and improving your financial situation.

Remember, reaching out for help when you’re unable to make a credit card payment is not a sign of weakness. It’s a proactive step towards regaining control of your finances and finding a solution that works best for you.

By taking proactive measures and exploring your credit card payment options, you can avoid detrimental consequences such as penalty fees, increased interest rates, and damage to your credit score. Remember, the key is to communicate with your credit card issuer, be honest about your situation, and seek assistance when needed.

The Benefits of Paying More Than the Minimum Amount Due

Making only the minimum payment on your credit card can keep you in a cycle of debt. By paying more than the minimum amount due, you can reap several benefits that will help you improve your financial situation:

1. Reduced Interest Charges: By paying more than the minimum, you reduce the outstanding balance on your credit card. This, in turn, lowers the amount of interest charged on your remaining balance. Over time, this can save you a significant amount of money.
2. Faster Balance Payoff: Paying more than the minimum amount due accelerates the process of paying off your credit card balance. As you make larger payments, the overall balance decreases more rapidly, allowing you to become debt-free sooner.
3. Improved Credit Score: Paying more than the minimum demonstrates responsible credit management to lenders. A higher payment amount reflects positively on your credit utilization ratio and payment history, both of which are crucial factors in calculating your credit score. This can lead to an improvement in your creditworthiness and potentially lower interest rates on future credit products.
4. Financial Freedom: By paying more than the minimum, you free up available credit on your card. This provides flexibility for emergencies or unexpected expenses.

So, how can you start paying more than the minimum amount due? Begin by analyzing your budget and identifying areas where you can cut back on expenses. Allocate the saved funds towards increasing your credit card payments. While it may require some sacrifices in the short term, the long-term benefits far outweigh the temporary discomfort. Remember, taking control of your credit card payments is a step towards securing your financial future.

“Paying more than the minimum amount due not only saves you money in the long run but also helps you break free from the burden of debt.” – John Smith

Understanding the Types of Credit Cards Available

When it comes to credit cards, there are various options to consider. Understanding the different types of credit cards available can help you make an informed decision based on your financial needs and goals.

Secured Credit Cards

If you’re new to credit or have a low credit score, secured credit cards can be a great option. These cards require a cash deposit as collateral, which serves as your credit limit. Secured credit cards are a valuable tool for building or rebuilding credit.

Unsecured Credit Cards

Unsecured credit cards are the most common type of credit cards. They don’t require a cash deposit as collateral and offer a predetermined credit limit based on factors such as creditworthiness and income. Unsecured credit cards provide convenience and flexibility for everyday purchases and can offer rewards and benefits.

Rewards Credit Cards

If you’re looking to maximize your spending, rewards credit cards can be a smart choice. These cards offer various rewards programs, such as cashback, travel points, or discounts on specific purchases. Rewards credit cards are a great way to earn perks and benefits while managing your expenses responsibly.

Charge Cards

Charge cards are similar to credit cards but come with unique features. Unlike credit cards, charge cards typically don’t have a set spending limit. However, they require you to pay off the balance in full each month. Charge cards can be beneficial if you want the flexibility of not having a preset limit but still want to maintain financial discipline.

Understanding the different types of credit cards available allows you to choose the one that aligns with your financial situation and goals. Whether you’re looking to build credit, earn rewards, or maintain financial discipline, there’s a credit card option out there for you.

How Credit Scores Affect Credit Card Applications

Your credit score plays a crucial role when applying for a credit card. It is a numerical representation of your creditworthiness, providing lenders with an insight into your financial habits and responsibility. In this section, we will explore the impact of credit scores on credit card applications, the minimum credit score requirements set by issuers, and strategies to improve your credit score for better approval chances.

A strong credit score can significantly increase your chances of being approved for a credit card. Lenders use credit scores as a measure of risk, determining whether you are likely to pay your bills on time and manage your credit responsibly. Higher credit scores indicate a lower risk, making you an attractive candidate for credit card issuers.

On the flip side, a poor credit score can make it challenging to obtain a credit card. Lenders may view you as a higher risk, leading to rejections or offers with unfavorable terms, such as high-interest rates or low credit limits. It’s important to be aware of your credit score and take steps to improve it if necessary.

Credit Score Requirements for Credit Card Applications

Each credit card issuer has its own minimum credit score requirements for card applicants. While these requirements may vary, having a higher credit score generally increases your chances of approval. It’s important to review the specific credit score requirements for the credit card you’re interested in before applying. This will help you assess whether you meet the criteria or if it’s necessary to work on improving your credit score first.

Strategies for Improving Your Credit Score

If your credit score falls below the minimum requirements for the credit card you want, there are several strategies you can employ to improve it:

1. Make timely payments: Paying your bills on time is crucial for building a positive credit history and improving your credit score. Set up payment reminders or automatic payments to ensure you never miss a due date.
2. Manage credit utilization: Aim to keep your credit card balances below 30% of your available credit limit. High credit card utilization can negatively impact your credit score.
3. Reduce debt: Paying down existing balances can help improve your credit score. Focus on paying off high-interest debts first.
4. Limit credit applications: Applying for multiple credit cards within a short period can lower your credit score. Only apply for credit when necessary.
5. Check your credit report: Regularly review your credit report for errors or discrepancies that may be impacting your score. If you find any inaccuracies, dispute them with the credit bureaus.

By implementing these strategies and consistently practicing responsible credit habits, you can work towards improving your credit score over time. This will not only increase your chances of getting approved for credit cards but also open doors to better financial opportunities.

Remember, credit scores are not static and can change over time. By taking proactive steps to improve your credit score, you can position yourself as a more attractive candidate to credit card issuers and gain access to better credit card options.

Credit Card Fees and Charges to Be Aware Of

When it comes to credit cards, it’s important to be aware of the various fees and charges that can impact your finances. Understanding these fees can help you make informed decisions about your credit card usage. In this section, I will outline the common fees that you should be aware of, including annual fees, interest rates, late payment fees, balance transfer fees, cash advance fees, and foreign transaction fees.

Annual Fees

Many credit cards charge an annual fee for the privilege of using their services. This fee is typically charged once a year and can range from $25 to over $500 depending on the card issuer and the benefits offered. Some credit cards waive the annual fee for the first year or for cardholders who spend a certain amount on their card. It’s important to consider the benefits and rewards offered by a credit card before deciding if the annual fee is worth it.

Interest Rates

Interest rates are a key factor to consider when choosing a credit card. The interest rate, also known as the annual percentage rate (APR), determines how much you’ll be charged in interest on any outstanding balances. Credit card interest rates can range from around 10% to over 25%. It’s important to read the fine print and understand the interest rate structure, including any introductory rates and how they may change over time.

Late Payment Fees

Late payment fees are charged when you fail to make your credit card payment by the due date. These fees can range from $25 to $40 or more, depending on the issuer. In addition to the late payment fee, late payments can also result in a penalty APR, which is a higher interest rate that may be applied to your outstanding balance. It’s crucial to make your credit card payments on time to avoid these additional fees and interest charges.

Balance Transfer Fees

If you’re considering transferring a balance from one credit card to another with a lower interest rate, you may encounter balance transfer fees. These fees typically range from 3% to 5% of the total amount being transferred. While transferring a balance can often save you money on interest charges, it’s important to consider the impact of the balance transfer fee on your overall savings.

Cash Advance Fees

If you need to withdraw cash using your credit card, you’ll likely be charged a cash advance fee. Cash advance fees are typically a percentage of the amount withdrawn, ranging from 2% to 5% of the total transaction. In addition to the cash advance fee, cash advances often carry higher interest rates than regular credit card purchases, so it’s essential to weigh the costs and alternatives before opting for a cash advance.

Foreign Transaction Fees

If you plan to use your credit card while traveling internationally, it’s important to be aware of foreign transaction fees. These fees are typically a percentage of the transaction amount, usually around 3%. While some credit cards waive foreign transaction fees, others do not, so it’s essential to understand the terms and fees associated with using your card abroad.

Being aware of these credit card fees and charges can help you make informed decisions about your credit card usage and avoid unnecessary expenses. Before choosing a credit card, take the time to review the terms and conditions, including the fees and charges. By understanding these costs, you can select a credit card that aligns with your financial goals and minimizes any additional fees you may incur.

Best Practices for Managing Credit Card Debt

Managing credit card debt is essential for maintaining financial stability and achieving your financial goals. By implementing the following best practices, you can take control of your debt and work towards a debt-free future.

Create a Budget

One of the first steps in managing credit card debt is to create a budget. A budget helps you track your income and expenses, allowing you to identify areas where you can cut back and allocate more funds towards paying off your credit card debt. Start by listing all your sources of income and categorizing your expenses, ensuring that you prioritize debt payments.

Prioritize Payments

When managing credit card debt, it’s crucial to prioritize your payments. Focus on paying off high-interest credit card debt first, as the longer you carry a balance, the more interest you’ll accumulate. By paying more than the minimum due each month, you can reduce your overall debt faster and save money on interest charges.

Seek Professional Help if Needed

If you find yourself struggling to manage your credit card debt, don’t hesitate to seek professional help. Credit counseling agencies can provide guidance on debt consolidation, negotiating with creditors, and developing a personalized debt repayment plan. They can also offer valuable resources and strategies to help you regain control of your financial situation.

Practice Financial Discipline

Managing credit card debt requires financial discipline. Avoid using credit cards for unnecessary purchases and focus on sticking to your budget. It’s important to resist the temptation of making impulsive credit card purchases that can add to your debt burden. Instead, practice responsible spending habits and save for larger purchases instead of relying on credit.

Consider Debt Consolidation

If you have multiple credit card debts with high-interest rates, debt consolidation can be a viable option. Debt consolidation involves combining all your debts into a single loan or credit card with a lower interest rate. This allows you to make a single monthly payment, simplifying your debt management and potentially saving you money on interest charges.

Monitor and Review Your Progress Regularly

Regularly monitoring and reviewing your progress is crucial when managing credit card debt. Keep track of your debt repayment journey, celebrating milestones along the way, and adjusting your strategies if necessary. Utilize online tools or apps to stay organized and motivated throughout the process.

Conclusion

Mastering credit card payments is essential for financial success. Throughout this article, we have covered the key strategies to effectively work credit card payments. By understanding the basics of credit cards, making timely payments, and utilizing various payment methods, you can take control of your financial management.

Firstly, it is crucial to have a solid understanding of credit cards and how they work. By knowing the different types of credit cards available and using them responsibly, you can make informed decisions and maximize the benefits of credit card usage.

Secondly, making timely credit card payments is vital for maintaining a good credit score and avoiding late fees. It is essential to understand the consequences of late payments and implement strategies to avoid them, such as setting up reminders and utilizing automatic payments.

Lastly, utilizing various payment methods can provide convenience and flexibility. Whether it’s online payments, mobile payments, or automatic payments, each method has its advantages. By choosing the payment method that suits your needs and preferences, you can effectively manage your credit card payments.

In conclusion, by following the strategies discussed in this article, you can successfully navigate credit card payments and achieve financial success. Understanding the basics, making timely payments, and utilizing various payment methods are the key steps towards mastering credit card payments.

What Are the Benefits of Simplified Credit Card Payments for Tracking Payments?

Simplified credit card payments offer convenient and efficient tracking. By streamlining the process, it’s easier to stay organized and monitor spending. Pro tips for payment tracking include utilizing online tools, setting automatic reminders, and reviewing statements regularly. Simplifying credit card payments leads to better financial management and peace of mind.

Source Links

• https://fastercapital.com/content/Credit-card–Mastering-Credit-Card-Payments–A-Guide-for-Beginners.html
• https://www.businessinsider.com/personal-finance/how-to-use-a-credit-card
• https://fastercapital.com/content/Bank-Credit-Simplified–Mastering-the-Basics-of-Credit-Card-Usage.html