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    Credit Cards - Best Choice

    I'm pretty useless when it comes to credit cards.

    Any info is welcome.

    I basically want to create a credit history for self for future purchases (house)

    Want a credit I can use thats easy to sort out and use.

    Thanks

    11 Comments

    All the info you need you should be able to find here...

    moneysavingexpert.com/cards/

    Sorry for just the link, but I think it explains more about the different cards on offer etc. than I ever could!!

    stick with your own bank if you are not worried about interest and the like (i.e. you plan to pay it off in full each month). This is by far the easiest way as you can use online banking to transfer money to the credit card etc. I set up a standing order to transfer £5 a month for the minimum payment just incase something happens and I miss a payment.

    I got one for the same reason as you. If I buy anything on it, I transfer the money straight away. At the moment my credit card owes me £70 as The £5 per month keeps going in just in case

    Original Poster

    bazzaric;5979641

    stick with your own bank if you are not worried about interest and the … stick with your own bank if you are not worried about interest and the like (i.e. you plan to pay it off in full each month). This is by far the easiest way as you can use online banking to transfer money to the credit card etc. I set up a standing order to transfer £5 a month for the minimum payment just incase something happens and I miss a payment.I got one for the same reason as you. If I buy anything on it, I transfer the money straight away. At the moment my credit card owes me £70 as The £5 per month keeps going in just in case



    They charge you for what?

    I understand what your saying im with Natwest and they limit online transaction apart from within accounts.

    Adam2050;5979664

    They charge you for what?I understand what your saying im with Natwest … They charge you for what?I understand what your saying im with Natwest and they limit online transaction apart from within accounts.



    I'm with Natwest too. It's the easiest process and you can see all your accounts in one go. Yeah, you could shop about for better rates, etc, but if you can't afford to pay it off you shouldn't have one anyways eh :-D

    I think my credit card total is now £18k I can borrow. That's from never having had a balance on the account over 30 days so my credit 'limit' is still building up

    Banned

    Tesco and you get money back or points to spend:thumbsup::santa:

    Original Poster

    bazzaric;5979722

    I'm with Natwest too. It's the easiest process and you can see all your … I'm with Natwest too. It's the easiest process and you can see all your accounts in one go. Yeah, you could shop about for better rates, etc, but if you can't afford to pay it off you shouldn't have one anyways eh :-DI think my credit card total is now £18k I can borrow. That's from never having had a balance on the account over 30 days so my credit 'limit' is still building up



    Okay I'd rather go with them as its easiet. I'm only creating a credit history.

    Are you saying they charge you each month for the service?

    I left you feedback on the game :thumbsup: Most apprecited.

    Is it possible to get a credit card without a job? I'm living on compensation from a motorbike accident but I would also love to build up some credit

    Adam2050;5979739

    Okay I'd rather go with them as its easiet. I'm only creating a credit … Okay I'd rather go with them as its easiet. I'm only creating a credit history.Are you saying they charge you each month for the service?I left you feedback on the game :thumbsup: Most apprecited.



    no monthly charge. If you have bought something on your credit card, the minimum monthly repayment is £5. I make sure that I pay £5 a month as a standing order just in case (I get hit by a bus or something)

    rwm24;5979747

    Is it possible to get a credit card without a job? I'm living on … Is it possible to get a credit card without a job? I'm living on compensation from a motorbike accident but I would also love to build up some credit



    It is possible, again, best to go with your own bank if you have money in accounts already

    Original Poster

    bazzaric;5979792

    no monthly charge. If you have bought something on your credit card, the … no monthly charge. If you have bought something on your credit card, the minimum monthly repayment is £5. I make sure that I pay £5 a month as a standing order just in case (I get hit by a bus or something)



    cheers bazz again:thumbsup:

    Personally I use amex because it gives good cashback, I believe you get 5% of purchases for the first 3 months. Egg money also offers a reasonable cashback rate and there are loads of credit cards which offer rewards on purchases.

    Most credit cards offer online statements so you can transfer money at any time. I personally find it easier to have a direct debit set up than to manually transfer funds or use standing orders. At the moment I have a direct debit set up for the full amount so that I never pay interest and the total balance is cleared after the interest free period.

    I don't pay interest but I do earn cashback so the credit card company pays me to use them.
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