Credit Card Hacks & Benefits
Maximize rewards, build credit, and spend smarter with Gromi Finance
Why Credit Cards Are Powerful Financial Tools
When used responsibly, credit cards offer far more than just spending power. They provide:
- 💰 Cashback & rewards (1-5% back on purchases)
- ✈️ Travel perks (lounge access, insurance, discounts)
- 🛡️ Purchase protection (extended warranties, fraud coverage)
- 📈 Credit building (improves your credit score over time)
Always pay your full balance monthly. Treat your credit card like a debit card to avoid interest charges and maximize benefits.
Top Credit Cards by Gromi Finance
Gromi Cashback Plus
5% on groceries, 3% on dining, 1% everywhere else. No annual fee.
Gromi Travel Elite
4x points on flights, lounge access, no foreign transaction fees.
Gromi Student First
Build credit with low limit, cashback on textbooks.
Avoid cash advances. They have high fees (up to 5%) and interest starts immediately with no grace period.
Credit Card FAQs
2-3 cards are ideal for most people. Start with one general-purpose card, then add specialized cards (travel, cashback) as needed.
Each application causes a small, temporary dip (5-10 points). Space out applications by 6+ months to minimize impact.