When we think about improving our financial situation, we think about ways to save more. We also think about other ways to make more money. Anything that can help us get out of our debt or credit card bills seems like a blessing and we are willing to do whatever it takes to make it work in our favor. Same applies to credit cards for no credit that are readily available in the market these days. But whether or not they are for you will depend on how you plan to use them. You can pick the best of the best such as Citibank credit cards or any other product from a similar reputable institution but the bottom line will always be the same; it is how you use it.
Let’s take the question of the introductory period of zero interest out of the way right now. We all know that it is a marketing gimmick cum feature that is designed to lighten our financial burden but what matters here more is the way you utilize it to your benefit. But what matters even more is how you end up using the credit cards for bad credit after the normal interest period has kicked in. Following are a few tips to go about it:
1. You should never carry a balance regardless of the card being old or newly issued
2. Make sure that you are paying your balance on time and most preferably in full every month
3. This way you can also avoid paying any interest or fees
4. It brings you in a position to earn interest on the cash you are able to hold on to from the time of purchase to the due date
5. Remember to register online first for instant credit card delivery
6. You will also find it easier to access your current account information remotely
7. Spending more than you can afford means you won’t be able to pay in full when your statement is due, so you should log in more frequently so that you remain on top of your balance and can ensure that you are not overspending
8. Don’t forget to set up an automatic payment method and this way you will never miss a deadline
