Bank finance articles and tips

Managing credit cards is one of the most important yet trickiest aspects of personal finance. When managed poorly, they can wreck havoc on your financial health. Managed properly however, they can make your life a whole lot easier. Here are seven tips for smartly managing credit cards.

Use Under 30% of Your Limit

Credit experts and credit agencies agree: It's best to use less than 30% of your credit at any given time. In fact, one of the biggest factors for calculating your credit score is what's called your "Utilization Rate," the % of credit that you've used. Keep the number under 30% and you'll improve your credit score and improve your overall financial health....