Tips To Use Credit Cards Efficiently | The Money Show

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Duration: 11:30
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On The Money Show, What are the best tips to use your credit card and get the optimal benefits? CRED’s MD & CEO, Kunal Shah says that you should use cards with a higher spending limit, optimise the use of rewards offered, monitor credit card statements, set up auto-pay and pay off your bill in full or as much as possible every month.

Should you opt for moratorium? CRED says that pay off credit card dues, don't opt for moratorium. Outstanding amount plus interest is equal to a huge amount to pay. Here are top 5 lessons as a personal finance masterclass from Kunal Shah. Upskill yourself & grab the smallest of the employment opportunity. Buy a comprehensive insurance plan. Use 20% of your income for future financial needs. Review your portfolio thrice a year; weed out the duds. Pay off credit card dues, don't opt for moratorium.

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