Oooops, I forgot to pay for my credit card bill this month. Maybe because of the long vacation and another long weekend again, now I’m worried about the finance charges. I’ve always been a good payer, I love my BPI credit cards and I’ve been using it for 5 years already even if other banks lured me to their credit card offers. Why I’m worried about the finance charges, it’s because I’ve used it quite often since January. Blame it on my impulse buys at Etude House, online purchases at Amazon and Cebu Pacific’s seat sale. I only use my credit card whenever I’m doing the grocery, just so I can avail of their perks such as free Jollibee or Chowking meals, but this year, I went like a mad swiper. Do you think I’m doomed with a hefty finance charge?
I tried reading on how to compute finance charges but all the websites only put me in a daze. I guess I’ll just have to wait for the next billing statement huh? I might as well look for other credit cards for bad credit, if there’s such a thing here in the Philippines. For all I know, banks here in the Philippines do a thorough investigation before approving people to have credit cards. In other countries, they really have credit cards for people with bad credit.
Anyway, another thing for me to tackle is ask for the reversal of my annual fee. My Worldperks card’s annual fee has been waived but for the gold card, I have yet to call their customer service. This another reason why I’m happy with BPI, my annual fee is always waived ever since I’m a cardholder. I think it counts that I have an account with their bank. I should call their customer service like right now.
If you want more tips on how to use credit card wisely, read my previous post about how to save money using your credit card.