Having a credit card could be a lifesaver when you are in a financial bind. Do you want to make a purchase but lack the necessary cash? That’s not a problem! In this situation, a credit card can be beneficial. Do you need to boost your credit score? A credit card is a great tool! Continue reading to find out other ways to make use of a credit card.

Double check for annual fees when signing up for premium credit cards. Premium charge cards can have annual fees anywhere from the $100’s to the $1000’s. If you do not need the perks associated with these cards, don’t pay the annual fee.

Avoiding late charges is important, but you also want to avoid going over your limit because you will be charged for that as well. Both fees are steep, and going past the limit will affect both your pocketbook and your credit score. Keep an eye on your finances, and don’t go over your limits.

Sign charge cards as soon as you receive them. Many people don’t do that, their cards get stolen, and cashiers do not realize the theft. Most merchants require signature verification.

Always read correspondence regarding your credit cards right when it arrives. Credit companies can make all kinds of changes to interest rates and fees; they just have to provide you with written notification of those changes. If you have an issue with these changes, you have every right to cancel your card.

When doing an online transaction with your credit card, save a copy of the transaction receipt. Keep it until you receive your statement so you can be sure the amounts match. If they didn’t, call the company and immediately file a dispute. This is necessary to ensure you are not overcharged for your purchases.

Charge cards have a wide variety of uses. Whether you are just paying for your gas or building a solid credit history, your credit card can be used in many different ways. By using what you’ve learned here, you will be able to use your card to your advantage.

There are tremendous opportunities for small businesses and social entrepreneurs to support their communities through community foundations, donor advised funds and other means of giving back. Find the neighborhoods in Newaygo County, Michigan where you can make the most impact on civic engagement in the community.