People feel Credit Card are dangerous. Yes it is but only for people who doesn't know how to use it. People who doesnt know how to optimize it for their usage and for people who spend more and convert it to EMI. The Credit Card is one of the best way to get rewards which is an extra income for you without doing anything extra.
I have around 8 Credit cards and I have used every card in this year for some or the other reason. I got some good rewards from some cards and some not so good rewards too. But at the end, I have saved around 11K in the whole year just by using the credit card. This 11K is the extra rewards I have got, which is tax free.
Now the thing is people forget how much they are spending using the credit card and which card is for what. Also what is the due date, when is the next annual fee date and other things. Because of that they might miss out on some rewards. This is why I have created a tracker and showed in the video itself. This tracker helps you to track all your data related to the credit card which helps you to optimize it better.
Though 11K doesn't feel much but that's 1.6% back for all my spending. And their is room for improvement which I am working on. This tracker helped to to find out which credit card is good for my usage and which is not and that's why I will continue to use the tracker for next year also and also if there is any addition or removing the credit card then also I will be doing. Do check out the video to see if the tracker would be useful for you or not.
