New Delhi, Sept. 30 -- A credit card is a financial tool offered by financial institutions that allows users to borrow funds up to a fixed limit, commonly known as the credit limit.

To ensure healthy credit card usage, it is important to recognise early warning signs, keep utilisation under control, and maintain discipline in bill repayments. Beyond these basics, here are six warning signs of incorrect credit card usage that every credit card user should watch out for to protect their financial well-being:

Always trying to clear out only the minimum amount due every month is a critical warning sign. This is not a healthy credit card usage practice. It can trigger hefty interest charges, fines, and penalties, prolong the overall debt, an...