New Delhi, July 3 -- Your credit card can be one of the most meaningful and rewarding financial tools when utilised wisely. From lucrative cashbacks, reward points and other similar benefits to interest-free credit periods, these credit tools provide users with several benefits that make day-to-day spending easier and more productive.

Still, many credit card holders focus only on these advantages, failing to acknowledge credit cards as product offerings. Most credit card users easily overlook the charges, generally hidden in the fine print, imposed on them when carrying out day-to-day transactions to buy various products and services.

Without a proper understanding of these charges, these fees can quietly increase your overall borrowing...