6 Ways to Save Money on Your Credit
Your credit cards are often the one form of credit that you use that if you are not careful can get expensive in a hurry. But there are some steps you can take to keep them in check. Additionally there are some other things that you can do to help you save money with your bank and your suppliers. So here are 8 ways to help you keep your money in your pocket where it belongs.
1. The first thing you should do involves your bank account. Often linking your checking account to another account can save you money. But also linking a bank account to your credit cards can save you a great deal as well. If you fail to make the payment on time then the minimum payment due will automatically come out of your bank account. This will save you those late payment fees as well as a potential black mark on your credit.
2. Stay away from cash advances. A cash advance can cost up to fifty dollars per transaction with most banks depending on the amount of the advance. And many credit cards carry a higher interest rate for cash advances as well. Plus remember that when you make a payment on a credit card the amount you pay towards the balance is applied to the oldest charge owed not the charge with the highest interest rate.
3. Get your checks from a printing company instead of your bank. There is no rule that says you have to get your checks from your bank and they are probably charging more than you need to pay. Also your bank probably offers online bill payment service. Use the service as much as possible. Often the service is free and can save you on stamps as well.