Managing a credit card starts with understanding how interest charges work and how to avoid them, if you can. Here are a few tips to help you stay in charge of your Petal card:
- Budget: Having access to more credit doesn’t mean you should go overboard! Make sure you’re only spending what you can afford to pay off in full each month. Your Petal dashboard is updated in real time and shows you how much you’ve spent on your card, so you can easily keep tabs on your budget.
- Pay your full Statement Balance: The only way to make sure you’re not charged interest is to pay your full Statement Balance by the due date every month.
- Understand important dates: Keep an eye on your inbox and your dashboard. It’s also helpful to review your statements and check when your payment is due each month. You can find your payment due date in the Card Features section of your Petal account.
- Set up AutoPay: Make sure you never miss a payment by setting up AutoPay, so you can sit back and relax, knowing you’re on top of your bills.