How to use a credit card?

Using a credit card responsibly involves spending only what you can afford and paying the full statement balance by the due date to avoid high interest charges and late fees. To maintain a healthy credit profile in India, follow these steps:

• Pay the total amount due instead of just the minimum amount to prevent debt accumulation.
• Keep your credit utilization ratio below 30 percent of your total limit.
• Regularly monitor your statements to identify and report unauthorized transactions immediately.
• Use your card for planned expenses to benefit from reward points and credit building.