Millions of financial operations are carried out every month, from surveys and card payments to credit or mortgage requests. For many banks customers, the main concern is to avoid delays that may harm your financial history. But what not everyone knows is that always meeting the deadlines brings additional benefits from banking institutions.
According to the Spanish newspaper La Vanguardia, financial education expert Nicolás Chacón stresses that keeping payments up to date sends a clear message to banks: the customer proves to be reliable and responsible in managing their credit. This applies, in particular, to the use of credit card, which allows you to buy without having the money available on the account at the moment, paying the amount the following month.
Why do banks value punctuality?
According to the same source, when paying on time, the customer not only avoids interest and penalties, but enhances their reputation with the financial entities. This good image opens doors to more advantageous bank products, such as reduced interest rates on future loans or easy access to new credits.
Chacón explains that with each payment made within the deadline, the customer sends a positive signal: “I am a good ‘payer’.” This perception increases the likelihood of being considered a low risk profile for the bank. Write the publication that this reliability can translate into special conditions, either by approving a mortgage or the granting of additional cards or upper lines of credit. “Banks treat people who pay up to date better,” explains the financial education expert.
More than avoiding problems, creating opportunities
Adds La Vanguardia that paying on time is thus transforming a long-term strategy to strengthen the financial profile. For those who want to request credit in the future, this consistency becomes a competitive advantage, allowing you to negotiate better deadlines and interest with the institutions.
It refers to the same source that the financial discipline requires attention to card limits and conscious use of credit. The ideal is not to spend more than what can really be settled the following month, ensuring that payment history is still clean and favorable.
Access to loyalty products
In addition, paying on time contributes to banks to offer loyalty products such as cashback cards, miles or exclusive campaigns. It is also known that these opportunities are often reserved for customers with positive and consistent history.
Chacon also warns that recurring delays or incomplete payments not only harm customer image, but also limit access to essential financial products in the future. According to the Spanish publication, maintaining a responsible posture allows to build a lasting confidence relationship with the institutions.
Monthly budget control and check payment dates
Finally, it reinforces that this practice does not require complex measures: just organize the monthly budget, control payment dates and avoid debt above payment capacity. With discipline and punctuality, the benefits multiply in the medium and long term.
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