What is a credit card?

Types of credit cards
- Points accumulating credit card: Points accumulated points or airline miles based on spending amount.
- Travel credit card: suitable for frequent travelers. Provide travel benefits such as use of airport lounges Travel insurance and discounts on hotels and plane tickets
- Cashback credit card: Return a percentage of your spending as cashback credit. Helps save on daily expenses

Things you should know about credit cards
- Credit limit: The maximum credit limit that can be used from a credit card.
- APR (Annual Percentage Rate): Interest rate charged on outstanding balances that are not paid in full by the due date.
- Minimum Payment: The lowest amount that must be paid every month to maintain account health.
- Grace Period: The period during which the balance can be paid off without incurring interest.

What are the benefits of a credit card?

1) Convenience and safety

2) Building a credit history

3) Points and privileges

4) Emergency reserve

How to use credit cards correctly

Choose a credit card that's right for you.

Set an appropriate limit

Pay on time

Full payment

Check statements and expenses

Avoid cash advances

Techniques for using credit cards to their advantage

Plan before buying

Take advantage of rewards redemption

Check credit card conditions regularly.

Beginners should not carry multiple cards.

Be careful of early offers.