Business Three credit card mistakes you must avoid before applying for home loan Updated : June 18, 2018 06:09 PM IST Timely payment of your credit card bills and other loans also boost your credit score, popularly known as CIBIL Score. Sustained high credit utilisation ratio is pursued as need for credit even to meet daily expenses. Cash withdrawal on credit cards attract one-time charge. The interest calculation begins from the date of withdrawal. This is a double whammy and should be avoided at any cost. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.