Tips To Use Your Credit Card Wisely

17 May 2022

Credit cards exist to make payment transactions easier for loyal customers. The convenience of using a credit card for payment should not conflict with your finances. Credit card use should be done wisely and not impulsively.

Here are a few things to consider when using a credit card wisely:

1. Set a Credit Card Limit

Each credit card has a predetermined limit that you can adjust based on your needs and ability to pay. Setting a credit card limit will prevent you from purchasing things whose price exceeds the credit limit.

2. Use as needed

Use a credit card only when absolutely necessary. Credit cards should help you in getting what you need but when credit cards are used excessively, it can lead to poor financial management.

3. Pay Credit Card Bills On Time

All credit card users are required to pay their bills on time. Aside from being a duty, paying bills on time helps you avoid big fines. There are many cases of people being unable to pay their debts since they are always penalized for late payment of credit card bills.

4. Check Billing Data on a Regular Basis

Check your credit card bill on a regular basis. Pay close attention to the use of credit cards you've made. This is vital to avoid mistakes in the bank's documentation of transactions, and it might be useful to know right away if there are any questionable transactions or credit card thefts.

5. Have a limited number of credit cards

Despite the fact that the purpose of a credit card is to provide convenience, it is preferable if you do not use more than two credit cards. If you use too many credit cards, it might harm your financial management and leave you with a lot of credit card debt

6. Keep Credit Card Information Private

Maintain the confidentiality of credit card data, such as the PIN used for transactions and the location of the credit card in your hands. By keeping information private, you can avoid phishing attacks, which are now on the rise.

Use credit cards wisely in accordance with their intended role, which is to assist you in meeting a variety of needs. Furthermore, select a credit card that can provide numerous benefits, such as a Welcome Bonus in the form of MAPCLUB Points worth up to 2 million for those of you whose credit card application is granted and you make purchases for three months from the time the card is activated.

Maybank Credit Cards also provide additional benefits to make your life easier.

• Maybank Visa Infinite Credit Card
  Collect Airline Miles by converting 1 Airline Mile for every IDR 7,500 transaction and redeem them for plane tickets to preferred places.


• Maybank Visa Platinum Credit Card
  On your birthday, you will receive 10x Maybank TREATS Points for every Rp10,000 retail transaction.


• Maybank JCB Credit Card
  Enjoy various benefits rom planning your trip to returning from Japan, also you can earn 1 Maybank TREATS Point, which is equal to 1 airline mile, for every Rp10,000 spent on retail.