How can I protect myself from over-limit charges?

Protecting yourself from over-limit charges in Washington can be done in several ways. First, ensure that you are aware of the terms of your credit card. Read the fine print in your credit card agreement to understand any fees and how the over-limit fee applies. Second, watch your credit limit. Monitor your spending to ensure that you’re not surpassing your credit limit. Make sure to leave a safety buffer of 10 – 20% of your credit limit that you don’t use to help protect yourself from over-limit fees. Third, if you do inadvertently go over your limit, call your credit card company as soon as possible. The sooner you call, the more likely they will waive the over-limit fee. Ask them to lower your credit limit or change your billing cycle if you can’t wait for the next one to start. Finally, consider setting up a savings account at your bank or credit union for your next emergency fund. By setting up this account ahead of time, you’ll have money to help prevent you from going over your credit limit. In summary, the best way to protect yourself from over-limit charges in Washington is by understanding the terms of your credit card agreement, monitoring your spending, and setting up an emergency fund.

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How can I protect myself from over-limit charges?

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