Things You Should Do When You Get a New Credit Card
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Opening the envelope that holds your credit card is always an exhilarating experience. To tear the seal & open the letter that holds your maximum credit limit is an exciting task for every individual. It gives you an extra layer of freedom to spend and realize all the dreams that you suppressed with an I’ll buy it with my new credit card statement! You must, however, not get pulled into the euphoria & keep a few things in mind before you start using your new credit card!
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1. Activate your card
2. Destroy old cards
3. Read the rules & regulations
4. Spend within your limits to pay within your comfort
Check your credit score
Conduct regular credit checks to know how your score has progressed & what measures you must take to repair it if needed. Credit bureaus like CRIF offer 1 free report every year. Use it to know where you stand & tap any errors or frauds when you see suspicious changes in your score. This way you will be vigilant to report an identity theft in time.
30 episode