To know how to manage your credit card can be a great asset to a healthy household. Credit card is the most popular financial product in the world.

1. Always carry less than 25% of your income in form of credit.
2. Always pay more than the minimum balance. The banks calculate your minimum balance so that you pay the maximum threshold of interest and the minimum of capital back.
3. Make sure you have a spot free credit rating, make sure you make your credit card payment online on time.
4. Never use your credit card to withdraw money at cash points, bank charges up-front fees for this operation and the interest rate is usually higher than what you would be charged on a normal purchase.
5. Try to do your credit card operation such as credit card payment online as banks usually charges less for this type of operation.
6. Avoid unnecessary charges, don’t’ exceed your credit card limit and never miss a monthly payment. You will be penalized, set up a direct debit to repay at least the minimum amount each month.