Manage Your Credit Card

An introduction to successfully managing your credit card

LESSON 1

How to Read a Credit Card Statement

After receiving your credit card, your credit card provider will begin sending you a credit card statement every month. A credit card statement contains important information such as how much of your credit line you have used and how much you have left to use. Ideally you will want to use your credit card statement

Continue Reading
LESSON 2

Which Credit Card Balance You Need to Pay

There are a lot of different terms you will need to learn when you become a credit card holder. Our Glossary comprises of all of the terms you should know. Credit card activity primarily consists of using credit and repaying your balance. There are multiple balances as you may have already seen, and the difference

Continue Reading
LESSON 3

How Much You Should Pay Every Month for Your Credit Card

After you begin using your credit card, you will have to make payments towards your credit card balance by the end of your billing cycle. While the bank requires a minimum balance payment to avoid any additional fees, it is highly recommended to pay off your full credit balance each month. Best Practice = Paid

Continue Reading
LESSON 4

How to Set Up Automatic Payment

Many credit card providers allow you to opt in for “automatic payment” so that your credit card balance is automatically paid every month. Automatic payment will transfer money from your bank account towards your credit card balance every month. This can be very convenient for you and also improve your credit score as you will

Continue Reading
LESSON 5

How to Avoid the Most Common Credit Card Fees

Using a credit card as a payment method has many benefits, but this service may come with fees. Most credit card fees are very easy to avoid and knowing about these fees beforehand is essential. Annual Fee Annual fees for credit cards are paid every year for being a card holder. Depending on your credit

Continue Reading
LESSON 6

How to Remove a Late Payment from Your Credit Card

Making a late payment on your credit card will negatively affect your credit score and can incur fees from your credit card provider. For first time credit card holders, remembering to pay your credit card can be difficult as this might be your first recurring bill. Fortunately, there are several steps you can take to

Continue Reading

More Credit Education

Budget in College

View Lessons

Maximize Your Card

View Lessons

Why Credit Is Important

View Lessons

Work in College

View Lessons