What I’m looking for is a credit card that has a decent 20 month plus on 0% spending but with also cashback like £25 , because it’s rare to get both , you usually only get 1 or the other .
Providing you know how to use them credit cards are fine. Personally I’ve used them to improve credit rating, credit card protection etc never had an issue and always pay it off in full. It’s the people who spend spend spend without any thinking that need to stop using credit cards.
Seriously? Did you actually read our posts? Using something wisely requires wisdom. Using something intelligently requires intelligence. Those who understand interest earn it, those that don't pay it. The way I've suggested to use this does not involve getting into actual debt - simply holding more funds in savings account(s) that you could use to pay off the credit card in an instant. Literally will have no negative impact should you become redundant or can no longer work - in fact it would put you in a better position as it would give you access to more funds should you need it, plus the extra interest you'd earn. Sure, if you just want to get this because you decided you need to have the latest iPhone that you can't afford, then this is a bad idea, as I stated (no self control or lack any understanding of money - totally fair and just, I'm not saying it in a nasty way, just saying it how it is). There may be a case that you find yourself in a difficult situation and need credit to feed your family - it happens. This is a reasonable way to do it, so long as - like I said - you understand money and pay it back. But of course - all credit cards are evil, should never be used by anyone and should be banned forever.
Re: The deal itself, it's worth noting that Barclaycard and Sainsburys have 2% or 2.5% minimum repayments, which actually becomes quite singificant over the lifetime of these deals versus the 1% you get with some other lenders. If it's fee free then it's not such a worry, but if you're paying 1-3% handling fee you want to have more than half of the balance still remaining at the end of the term if you're looking at this as a stooze. Of course, if it's just to manage short-term cashflow problems, then a higher minimum repayment may suit you.
I also think phrases like "Save up for the things you want. Cold" are quite condescending too, which is what lea to my reply. Maybe consider others' circumstances before posting.. Not everyone's circumstances allow for that either,, life can throw horrible unforeseeable curveballs to us or to our nearest and dearest. Or some people may have saved up and wish to offset their savings. Your post itself is implying that HUKD members are not able to use it other than as a ticket to debt. I get tired of the CC haters tarring every deal with the same brush - often it's a blanket response from people who don't understand how they can be judiciously used to their advantage, which is what prompted my own response.