Learn effective strategies for managing your credit card responsibly. From tracking expenses and timely payments to understanding EMI options and setting appropriate limits, these tips help you maximize benefits and prevent debt. Protect your credit score with smart financial habits.

Managing your credit card wisely is essential in today's financial landscape, with options like buy-now-pay-later and installment schemes. To maximize benefits and avoid debt, adhere to key practices. Never overspend based on your credit limit; instead, monitor your expenses to stay within your income. Make full payments before the due date within the 30 to 45-day grace period to prevent interest and penalties that could damage your credit score. While minimum payments may seem easier, they can lead to mounting interest. Carefully evaluate EMI plans, which might carry higher interest rates, before proceeding. Set realistic credit limits to promote responsible spending and maintain your financial health.