There are certain rules that you need to use while using credit card. Some of the important rules are:
Never use more than 80 percent of your credit card: technically speaking, if you have $100 limit, you can use your entire limit. However, this is not a good strategy because using more than 80 percent limit will reduce your credit score.
Pay the bills in full: Even though some credit card companies allow you to pay 10 percent bill, you should always pay your bill in full to improve your credit rating and avoid paying penalties
Pay bills in time: Pay in time and avoid paying high interest on your bills.
Never use more than 80 percent of your credit card: technically speaking, if you have $100 limit, you can use your entire limit. However, this is not a good strategy because using more than 80 percent limit will reduce your credit score.
Pay the bills in full: Even though some credit card companies allow you to pay 10 percent bill, you should always pay your bill in full to improve your credit rating and avoid paying penalties
Pay bills in time: Pay in time and avoid paying high interest on your bills.