Credit card members

@tweetyfe (191)
Philippines
June 25, 2012 3:48am CST
i loved credit card, you can buy anything you want, buy now pay later... and the exciting rewards and also the freebies. 5yrs also i'll start to apply bdo credit the credit my limit is 20thou, the monthly amortization always paid, after a yrs i'll received another card to other bank. As of my now my credit limit to all credit card is 334thousand, and i pay 60thou monthly amortization.
1 person likes this
4 responses
@Harold_ks (1674)
25 Jun 12
I always pay before due date that's why I only pay what I bought. What I just don't like in credit card is the annual fee, I believe it's overpriced especially for me who don't use credit card too often. But still, I like having a credit card.
@tweetyfe (191)
• Philippines
26 Jun 12
hi harold a advise to you every pay the annual fee, can try to call the call center agent and to revised your annual fee payment, this is thrue all credit card every annual fee i'll pay the amount but after that she revised your my annual fee.
@tweetyfe (191)
• Philippines
23 Aug 12
hi stowyk thanks for sharing. happy mylotting. but if you need to apply any credit card try it now, it is good if you are economically handed any card.
@shello (964)
• United Arab Emirates
25 Jun 12
Well, you'll just have to be very careful tracking all your dues and make sure that you can pay it on time to avoid interests and other surcharges. In my case, I only have one and I don't want any other.
@tweetyfe (191)
• Philippines
26 Jun 12
hi shello thanks for your respond regarding this topic, i always carefull to use my credit card, but credit card is the one to help my other expenses, why because all 90% of my credit limit is to avail at cash, and then ill create the business, As of now my business is expand, thrue the help of credit card.
• United States
25 Jun 12
I have one and won't dare take another. I will never let my credit limit get that high. I will be paying off my card and not using it for a long while. They have ways to get you to pay more money in fees.
@tweetyfe (191)
• Philippines
26 Jun 12
why not using the credit card, sometimes the temptation is all there for using your credit card, after a month you shock all your purchases is higher than your income. this is my experience as of now i'll used credit if needed.
@laydee (12814)
• Philippines
25 Jun 12
You just be careful with it. They have tactics so that you will be paying more than what you actually owe because of the interests and the first-in last-out scheme (where your loan amount e.g. January 2012 and June 2012, they're going to take out the June 2012 first when you pay installment, giving them the chance to roll more interest income with your January 2012 amount). Anyhow, I have a lot of friends and even my father burned with credit cards. Just be careful of spending money not yet earned. Have a great Mylot experience ahead!
@tweetyfe (191)
• Philippines
25 Jun 12
yes i know, but my tactics ill pay the total amount due, no other interest to pay, the benefit of this card to help my other expenses for the whole month, and the reason why to spend the higher amortization it's because all SIP will avail for the some reason. Thanks for your idea.