You can avoid this by either paying your balance in full, or looking for cards that do not include new purchases when calculating interest. You can call your card's customer support service and ask for details about money-saving tricks and tips. The banks don't advertise this, but believe it or not, the customer support people will go out of their way to make sure you have the right plan suited to your needs. Sometimes banks charge extra fees for surpassing your credit limit. You can avoid these fees by keeping a close eye on monthly balances.
Most people surpass their credit limit when they rent a car or stay at a hotel.
This usually happens because car and hotel rentals require deposits on credit cards and only free up the amount after forty-eight hours. Try to minimize your spending during this time as to avoid going over your limit and paying penalty fees. Read the brochure Some cards allow you to cut your interest rate in half by paying a monthly fee. If you carry high interests on a large monthly balance, it might be worth your while to pay the monthly fee and cut your interest payments in half. These are just a few of the many ways to save money on your credit card bill.