This is the smart way to use a credit card …

Australian consumers are increasingly using their credit cards for spending without letting their balances and debt to build up. Consumers are reaping the benefits of having a credit card, like convenience and reward points without paying an interest bill.

Australians made 186 million purchases worth $24.4 billion on credit and charge cards in August. However the total debt on credit cards in Australia fell 0.3 per cent in August to $32 billion.

Source: Banking Day