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    I've never had a credit card and know very little about them but with so many about can someone give me some advice and which one/s is best to get hold of. I don;t want to pay any interest and would intend to pay it off after a month or however long it can be interest free on the card.

    I read recently that Egg card has 0% interest until August?

    Hope someone can help:thumbsup:

    8 Comments

    So your paying it in full therefore you want to look for best cashback card as interest rates are not going to apply

    You could look for a long 0% on purchases but doesn't sound like that is what you need so stick with best cashback card.

    If spending over £5,000 a year is the American Express Platinum card. Its cashback rates are tiered up to 1.5% (£1.50 per £100 spent), but it also includes a bonus of 3% on everything for the first three months, though you need a minimum £20,000 income to apply


    Morgan Stanley Platinum also has tiered rates, paying 1% on spending up to £2,000, and 0.5% above that - also with a bonus of triple cashback for the first three months. For new cardholders, this beats allcomers if you spend under £5,000 in the first year. The only drawback with this card is for those with a less than perfect Credit Score, anecdotally it seems tough to obtain.



    Another option for those who don't fancy switching cards after a year, think they may be declined for the cards above or are worried about Amex's acceptability, is Egg Money (not the bog standard Egg card), which pays 1% back on all spending (up to £200/year)


    Info taken from MSE

    HTH

    I think the Conran Visa card also gives 1% cashback

    Col

    Thom Morris

    I've never had a credit card and know very little about them but with so … I've never had a credit card and know very little about them but with so many about can someone give me some advice and which one/s is best to get hold of. I don;t want to pay any interest and would intend to pay it off after a month or however long it can be interest free on the card.I read recently that Egg card has 0% interest until August?Hope someone can help:thumbsup:



    Thom,
    Try one of the comparison sites to see who are giving best deals e.g.
    thisismoney.co.uk/car…lhs or or sites like Moneysupermarket.
    Also worth a read before you apply for any is the MSE info on credit cards. moneysavingexpert.com/cre…rds.

    Hope thos helps

    Original Poster

    thanks for your help everyone, I've been looking at it this evening but it still confuses me, I swore Id never get a credit card and now I'm thinking, should I, shant I...:oops:

    I personally won't have one. Had them in the past but i prefer to just use my Debit card and if i haven't got it...........i don't spend it. :thumbsup:

    Thom Morris

    thanks for your help everyone, I've been looking at it this evening but … thanks for your help everyone, I've been looking at it this evening but it still confuses me, I swore Id never get a credit card and now I'm thinking, should I, shant I...:oops:




    If you don't need it don't get one. Thats my advice
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