WHEN hear the words credit card, some people have phobias because in their minds would pile up debt. But for a moment that the goal of school vacation happy family, use credit cards could be a consideration. Moreover, research credit card issuer Visa International to the 7500 tourists in the entire Asia Pacific Region, the travelers had already started planning when going on holiday trips.
Based on the research of tourists in Asia Pacific Region generally takes an average of 14 weeks to plan their holidays. Three quarters of respondents claimed to prefer to plan and book holidays online. To demand that online, the internet is a very useful source to obtain travel information and check payment methods are available in holiday destinations.
The very popular way for tourists from India (21%) and China (20%). Travelers from Japan (53%) and Korea (35%) prefer to check it through friends and relatives. The tourists from Korea would prefer to check the available methods of payment through their bank (37%).
On the other hand, the research also revealed nearly one in two respondents (or about 45%) chose the use of electronic payment cards instead of cash or traveler’s checks for overseas transactions, with a reason to minimize the risk.
With the trend of getting information and book accommodation online, use credit cards to prepare the perfect vacations.
Even so, in one occasion an expert financial prencana Safi r Senduk assess the use of credit cards for the holidays has two sides need to beware. In terms of function, according to Safi r, credit cards are very important for the fans of the streets. All the accommodation needs during the holidays can easily be paid by credit card. On the other hand, the ease and convenience for credit card holders could be â € ~ bencanaâ € ™ when the credit card holders are not able to resist temptation when promotions or discounts from the credit card issuer.
So, in order not to swell the budget vacation, before deciding to go somewhere, must be carefully planned budget items to shop, according to the needs during the holidays. Technically, when using a credit card real credit card holder must be confident that it can pay for it after coming bills. Because, all forms of transactions during the tour that someone actually ditalangi advance by the bank issuing the card.
Then, users can pay bills credit card transactions have been conducted about a month later.
So, who should remember is that no amount of convenience offered by credit card issuers to realize the vacation you desire, costs incurred during the holidays remain the responsibility of credit card holders.
When credit card bills are posted, Susan McCarthy, financially fi adviser who is the author of The Value of Money, advised not to make a minimum payment. It will extend the payment period and interest on credit cards and increase the overall debt.
Also, do not ever miss the due date of credit card payments. When that happens, credit card holders will not only be affected due to late payment penalties, but also the interest rate increases.