One of the most common methods of payment is the credit card, this is used to buy online or in person, pay some taxes, direct debit services, withdraw money from an ATM and even to guarantee some payments such as car rentals, hotels, among others.

To use credit cards correctly, the following tips should be taken into account:

• Use the credit card in purchases that offer products at months without interest: It is recommended to make purchases at months without interest, since the opportunity of the offer is taken advantage of and the product can be paid in time. The credit card will maintain an active and functional balance.
• Be punctual in the payment date and be careful with the amount to be paid: for this it is necessary to organize the payments, month by month, in order not to miss a payment, you should also pay the total of the cut, so the bank will issue commissions for delays and you will have a favorable credit history.

• Avoid using the credit card to withdraw cash: designating money from the credit card will generate commissions and interest for each withdrawal and thus increase the monthly charge.
• Review each month the account statement: Using notifications is convenient, set up alerts to receive notifications about transactions, this will keep you aware of expenses and possible frauds.
• Spend responsibly: Only use the card for purchases that you can pay for at the end of the month. Avoid accumulating debts that you can't pay off soon.

Remember that credit cards can be useful, but they also come with responsibilities. Smart use can help build a positive credit history and keep your personal finances in order.

Translated by: A.M