Credit card used to be a benefit, but no penalty?

I see personal credit card somewhat useful. Under the terms of that. * * Not more than option.


I have all 8 credit cards but never pay interest. Never pay yearly. Never pay any fees. Exceeds the product I buy.

Find out the benefits of credit card write my thoughts.

1. Is a credit card channel borrowing without interest within 45 hours (varies depending on card) if your personal business. Credit card can help you reduce the Working Capital or cash that you need to have a ton of business.

For example, a friend I made a small restaurant. Cost of raw materials per month, about one billion baht a simple translation that you should have a cash flow as Do five billion baht in hand. If the purchase of two times per month. To pay for raw materials before currency from the sale.

Purchase materials with your credit card will not have money in hand here. When money is to sell shares to pay part of raw materials.

Many cards you have to pay for your share of the purchase price without interest is high time 3-4 months.



2. From competition, relatively high for each credit card you. Just make your application. Your gift will be approximately 500 - 1000 Baht software way without doing anything.



3. Each card you have discounts for many different places, from retail food cinema hospitals and other oil you use in everyday life.



4. The tax paying public through the Internet and buy through credit card. Increase convenience and reduce costs. Travel and fee payment.



5. The points to select the most gifts will be compared with 3-5% of sales outside you spend enough. You have discount is added.



6. Without any charge. To use a credit card. Whether your card is how much annual fee. If you are spending level. Can always call to dismiss.


In summary, if you use a credit card payment through approximately 20,000 baht per month, you will gain from the use of at least about 1,500 baht.

Is important only is. Do not use more than you have. And pay the full balance. Provide timely every month.

I think credit cards are useful tools. And no sin. As long as you can control the spending of revenue to the extent that many issues you mention, I think of the money without more effective management.

...