Blog Education Center

1. Pay Your Balance in Full and On Time
This principle is essential for responsible credit card use. By consistently paying your balance in full by the due date, you avoid interest charges and cultivate a positive credit history to boost your credit score. Think of it as a financial high-five to yourself and your creditworthiness.

2. Spend Within Your Means
Exercise restraint and only charge purchases you can comfortably repay within a timeframe. Plan a realistic budget that aligns with your income and financial goals, and resist the urge to overspend. Remember, responsible credit card use hinges on living within your means.

3. Keep Your Credit Utilization Low: The 30% Rule
Credit utilization, a pivotal factor in determining your credit score, represents the percentage of your available credit you’re actively using. Financial experts recommend maintaining a credit utilization rate below 30% to showcase responsible credit management and foster a healthy credit score.

4. Review Your Statements Regularly
Keep those credit card statements from languishing unopened. Dedicate some time each month to meticulously review your transactions. This proactive approach empowers you to promptly identify and rectify any discrepancies, unauthorized charges, or potential fraudulent activity.

5. Take Advantage of Credit Union Perks
Credit union credit cards often come bundled with a treasure trove of perks and advantages. From enticing cash-back rewards and travel benefits to lower interest rates and reduced fees, these perks can significantly enhance your financial well-being.