New Credit Card? Avoid These 5 Mistakes to Protect Your Wallet!

• Choose a credit card that aligns with your spending habits and needs, like travel benefits for frequent travelers.
• Utilize reward points wisely by tracking offers, using them for essential expenses, and redeeming them before they expire.
• Always monitor your credit limit and avoid maxing it out, as this can negatively impact your credit score.
• Pay your credit card bills in full and on time to prevent high interest charges and maintain a good credit score.
• Exercise caution with EMI options; thoroughly check interest rates and processing fees before committing.

Why It Matters: Smart credit card use involves choosing wisely, managing limits, paying on time, and using benefits carefully.