6 Ways to Bluff Credit Card Interest

3. Do Not Use That Credit Card for Further Purchases

Try not to buy anything from the credit card till you finish all due amount or else all your interest will multiply.

Request a debit card from your bank so that you can use it like a credit card. This will draw your purchases from your account rather than increase your debt. Keep only one credit card at a time. Never carry it with you when you are just shopping randomly.

4. Ask the Bank for a Lower Rate

Here is happy news for you. If you are paying more than the minimum balance to your bank and paying it on time, then you can speak to the bank officials to reduce your interest rate. And make your balance manageable and be a loyal and valuable customer to the bank.

Otherwise, if you feel that your interest rate is increasing, you can opt out as well. This is an option in which your account gets closed and you will be able to pay your interest in the lowest rates and once you finish all the debts.

Also Read: 8 Ways You Get Conned Financially Why Females Are Better Investors Than The Males?