+ Reply to Thread
Page 1 of 3 123 LastLast
Results 1 to 10 of 21
  1. #1
    Join Date
    Feb 2008
    Posts
    22,155
    Thanks
    3
    Thanked
    1,890
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts

    Default Credit cards

    Whats the best way you use your credit card to make the most out of it?

  2. #2
    Join Date
    Feb 2009
    Location
    my house
    Posts
    17,981
    Thanks
    1,414
    Thanked
    7,612
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    If you can't pay it off every month then it's just not worth it.

  3. #3
    Join Date
    Apr 2011
    Posts
    278
    Thanks
    21
    Thanked
    80
    Reviews
    0
    We have points we get with our cards (one account with visa and american express linked). Everything we do goes on our credit card and it is paid off every month. We never have a balance carrying over, because that just costs you money. We only use 'savings' to withdraw cash for things like a babysitter or preschool activities etc as required.

  4. #4
    Join Date
    Mar 2015
    Posts
    4,646
    Thanks
    927
    Thanked
    2,891
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Make sure your limit is manageable. Pay off every cent every month. If you want particular rewards etc - do your research for which card you will get most from. Check out annual fees.

    We tend to use our credit card heaps. But we always have money on it, pay it off immediately if in negative. We don't get 'rewards' but we don't care. Also no annual fee.

  5. #5
    Join Date
    Feb 2012
    Location
    Sydney, NSW
    Posts
    4,087
    Thanks
    1,466
    Thanked
    1,215
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    We have a $1500 balance. We pay everything on the card and put money on it as we go so we're never behind. We use it for frequent flyer points mainly. We currently have almost 400,000 points

  6. #6
    Join Date
    Aug 2011
    Location
    Brisbane, Qld
    Posts
    2,906
    Thanks
    971
    Thanked
    780
    Reviews
    4
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    I'm new to using a credit card.
    So paying it off every month is the best option .... Even if paying it off every month means you need to use it because all your money's on there?

  7. #7
    Join Date
    Jun 2009
    Posts
    6,704
    Thanks
    1,201
    Thanked
    3,218
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    I use it for everything to collect points. I pay it off at the end of every month. If you can't pay it off at the end of every month don't get one. I have a 20k limit. It's probably 10k more than what I need.

  8. #8
    Join Date
    Jun 2009
    Posts
    6,704
    Thanks
    1,201
    Thanked
    3,218
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Quote Originally Posted by kriista View Post
    I'm new to using a credit card.
    So paying it off every month is the best option .... Even if paying it off every month means you need to use it because all your money's on there?
    You need to have enough money left in your savings account at the end of every month to transfer money over to your card and pay it off in full.

  9. #9
    Join Date
    Nov 2010
    Posts
    1,904
    Thanks
    408
    Thanked
    774
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    We use it to get points mainly so we can fly to visit family.
    We put everything on it and I transfer money every few days so we dont overspend our budget.

  10. #10
    Join Date
    Aug 2011
    Location
    Brisbane, Qld
    Posts
    2,906
    Thanks
    971
    Thanked
    780
    Reviews
    4
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by lilypily View Post
    You need to have enough money left in your savings account at the end of every month to transfer money over to your card and pay it off in full.
    Finances is not my strong point. I'm pretty sure I've just made another mistake by getting a credit card but I didn't have much choice. Glad I found this thread though at least I'm learning!


 

Similar Threads

  1. Found out why my credit rating is so bad
    By alliphant in forum Family Finances
    Replies: 55
    Last Post: 29-07-2015, 06:33
  2. Bills and credit rating help!!!
    By Little Miss Sunshine in forum Family Finances
    Replies: 3
    Last Post: 23-06-2015, 10:00

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
sales & new stuffsee all
Hills Swimming
Swim with your friends and you will all get a 33% discount!* We have programs to suit all ages and abilities, with small classes held in our warm indoor 25 metre pool. Highly qualified teachers, and award winning programs. *conditions apply
featured supporter
121Temps
For the last 10 years 121 Temps has helped thousands of personal assistants/others to set up and work as a virtual assistant from home. Our services include: - One-2-One Mentoring - Online Training/Courses - Handbook, Toolkits, Templates & more.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!