For some people, debt can be a scary thing, especially credit card debt. But if managed wisely, credit card debt can actually become a valuable tool—even an asset—to help you meet future needs.

Curious about how to turn credit card debt into an asset? Check out these tips on how to get the most out of your Honest Credit Card:

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Tips to Maximize Your Honest Credit Card Usage

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1. Use your credit card as a payment tool

The first tip is to shift your mindset from seeing a credit card as a “debt tool” to viewing it as a “payment tool.” By adopting this perspective, you’ll remember that a credit card shouldn’t be used for purchases you don’t need or can’t actually afford.

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2. Pay your bills on time

If you want to maximize your credit card benefits, paying your bills on time is a must. Honest offers 0% interest for users who pay their bills in full and on time.

Paying on time has at least three advantages. First, the money you would have spent on interest can be allocated to other needs. Second, timely payments help maintain a good credit score. Lastly, a good credit score may lead to a higher credit limit. And who wouldn’t want a higher limit? Honest offers a credit limit of up to IDR 100,000,000, which is certainly tempting.

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3. Use credit for productive debt

Productive debt refers to borrowed funds used to purchase assets that can generate income in the future. With a credit limit of up to IDR 100,000,000, you can buy various assets, such as a graphic design laptop or a Xerox photocopier for a home business.

For example, you could purchase a graphic design laptop worth IDR 20,000,000 on installment from a website. Simply enter your Honest credit card number (accessible via the app) on the Apple website, and the installment amount will be deducted from your Honest credit limit. Then, you can use the income you earn as a graphic designer to pay off your Honest card bill.

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4. Take advantage of discounts

Honest offers plenty of discounts and cashback deals! Use these promotions to get the most out of your card. For more information about ongoing discounts and cashback offers, visit honest.co.id/en/credit-card-promotion.

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5. Use it abroad

Honest is a Mastercard credit card, meaning it can be used for payments in dozens of countries worldwide, including North America, Brazil, and Australia.

You can also shop online on international platforms like Amazon and eBay. Even better, Honest doesn’t charge foreign transaction fees, so you only pay for what you spend during the billing period.

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6.  Activate the tap-to-pay feature

Another way to maximize your Honest credit card is by enabling the tap-to-pay feature on your smartphone. With this feature, you just need to tap your phone on an EDC machine for a few seconds to complete a payment. It’s super handy if you forget to bring your wallet or card.

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Features of Honest Credit Card and Their Benefits

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Here are some standout features you can enjoy with an Honest Credit Card:

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1. Safer card usage

Honest offers Indonesia’s first numberless credit card. While the numbers still exist, they can only be accessed via the app. This means no one else can use your card for online shopping without your permission. Plus, you can block the card immediately if it’s lost or left at home.

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2. Real-time notifications

The Honest app ensures you get instant notifications whenever your card is used. This way, you’ll know right away if someone unauthorized is using it.

Additionally, you can monitor your credit card spending directly in the app, allowing you to manage your finances quickly and accurately.

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3. Shop abroad without hassle

There’s no need to carry large amounts of foreign currency when shopping abroad. Just use the Honest app to pay for hotels, restaurants, or groceries in your destination country. Since Honest doesn’t charge foreign transaction fees, you only need to pay the bill for your spending abroad.

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4. Tap-to-pay

With the tap-to-pay feature, you don’t need to carry a physical card for transactions. All payments can be done through the Honest app. And don’t worry—your transactions remain secure even without a physical card.

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Remember, a credit card is merely a payment tool provided by banks, just like an ATM card or an ATM machine. Use this payment facility wisely so you can achieve your financial goals without any losses.