I have seen lot of people cursing credit card issuers and the services extended by them, and describing the same as traps etc.
Personally I also have been using 2 credit cards for quite a long time and have not experienced such things. In fact I have found it helpful in a way that if I buy things which are my month wise requirements which other wise I had to buy through cash, through credit card, I find the money staying with me in my bank account for an extra month’s time.
Actually, the credit card people are also set out to make money hence they have put lot of lucrative things in front of us.
I think we should be taking proper care before using Credit Cards. Here are few listed below from my experiences
1. Try to budget your finance every month. If you have a proper budgeting habit, you will never find yourself in traps, believe me!
Also ensure about the signature to be done immediately upon the receipt if the credit card. Alo make sure that you are present(most of the times if not always), while the credit card is being swiped at the merchant locations.
In case of using revolving credit facility, make sure to pay off maximum possible in the first month itself, as that will leave less money to be charged interest with. That is lower the balance, lower is the interest.
Internet banking is a gift really these days where you can keep a constant check on your expenditures, and report any anomaly, when noticed.
Please ensure that you are always driven by your senses, while making a purchase. Never ever cross your limit.
These are few points which I listed for all of your perusal, hope you find it useful in your life too.
All the best!