How to properly use a credit card?

yeah just send me the card number and ask me for permission to use it . pay no attention to charges run up on the card as the are just my fees for being your adviser.

With so many many credit card companies offering so many different credit cards, picking the one that is right for you can be difficult, so we've decided to write this quick guide to help in picking the right credit card. Interest rate: The interest rate of your credit card governs how much extra you'll be paying back to the credit card company on top of the money you borrow on your card. For this reason it makes sense to try to pick a card with a low interest rate. Of course, if you find that you pay off your entire credit card balance at the end of each month, then you may decide to pick a credit card with a higher interest rate if it has other benefits with it; see the points below. Also, credit cards usually have a higher interest rates for money taken out at an ATM than the interest rate for purchases made on your card, so make sure you check out the interest for both types of borrowing Cashback: Some credit cards offer a rebate of a certain percentage of the total value of purchases made on your card. If you find yourself making large purchases on your card, especially if you clear your full credit card balance each month, you may find that a credit card offering a high cashback rebate is exactly what you're after! read more about it at: http://www.credit-card-gallery.com/article/181,How_To_Pick_The_Right_Credit_Card

I have heard this tip from many different sources. Each time you use your card, deduct the amount from your checkbook as if you wrote a check. When the card statement arrives, you have already recorded the deductions, but actually have the money available in your account to pay it off. The benefit of having a credit card is to pay for many things that you cannot pay cash for. Renting a car is one of the most common. Making a hotel reservation that will be held for you if you are late is another.

Credit cards are a great source of availing credit to meet your requirements. But they can lead to a debt trap from which you will find it difficult to come out. Hence you need to keep a close watch on your credit card expenses minutely. Failure to do so might destroy your credit rating, leading to collection and even legal action. Overdraft is the facility offered by the banks to let you spend over your allocated credit limit. But if you fail to pay off your debts for a long time, banks can take stringent actions like: - Levying heavy fines. - Imposing tough sanctions. - Holding and destruction of the credit cards. - Reporting you to the credit bureaus and marking you with bad credit history.