Credit card - which one?
Discussion
Hi guys,
I'm looking for a card to puchase flight tickets for myself and friends on. Something with about a 2.5-3grand limit only really. My friends will be giving me the money instantly and I will pay mine off over 2-3 months. Are there any which are offering 3 month free interest at the moment? I spoke to Lloyds (my bank) and they aren't offering any free credit and I've spoken to Amex who are also not doing free credit - best they can do is £5 cash back for 3 months but I'm not sure exactly what that means! :|
I'll probably also take said card away with me abroad in case of emergency so needs to be a widely accepted card even in the far reaches of the world.
Any help is appreciated.
I'm looking for a card to puchase flight tickets for myself and friends on. Something with about a 2.5-3grand limit only really. My friends will be giving me the money instantly and I will pay mine off over 2-3 months. Are there any which are offering 3 month free interest at the moment? I spoke to Lloyds (my bank) and they aren't offering any free credit and I've spoken to Amex who are also not doing free credit - best they can do is £5 cash back for 3 months but I'm not sure exactly what that means! :|
I'll probably also take said card away with me abroad in case of emergency so needs to be a widely accepted card even in the far reaches of the world.
Any help is appreciated.
Visa and Mastercards are widely accepted around the world. Amex is good but not so in the UK. As for which card to go for:
www.moneysupermarket.com
HTH.
ETA: Beaten to it.
P.s. Enjoy the holiday.
www.moneysupermarket.com
HTH.
ETA: Beaten to it.
P.s. Enjoy the holiday.
Edited by m4tt on Monday 5th January 19:33
What the hell! I just spoke to Halifax. I already have an account and a Halifax One card in my name so I can't get the one on offer (0% for 9 months on new purchases). However she said she can offer me one with 15 months 0%. I said great, so that means if I put 3 grand on the card, I can pay it off over 15 months and not incur any interest? She said no, you would be paying interest after 59 days... so I said, what is the 15 months all about? Her reply was, if you settle in full after 59 days, you then get 15 months no interest. I just said, right okay, bye!
Confused or what!
Confused or what!
Virgin mastercard have just offered me £4K interest free until the summer. I've had the card a while without using it though.
Another card to consider is the Shell Mastercard, no interest free period, but you get 1% of all purchases in "cashback" to use against Shell products, 3% "cashback" on all shell products (petrol, oil) and the 3% on shell products is doubled for the first 6 weeks.
I've had about £50 of free petrol in the past few months alone.
Another card to consider is the Shell Mastercard, no interest free period, but you get 1% of all purchases in "cashback" to use against Shell products, 3% "cashback" on all shell products (petrol, oil) and the 3% on shell products is doubled for the first 6 weeks.
I've had about £50 of free petrol in the past few months alone.
Sounds like you need a card that offers 0% on purchases rather than on balance transfers. Try one of these:
http://www.moneysupermarket.com/cards/results.aspx...
http://www.moneysupermarket.com/cards/results.aspx...
ytrebil said:
posterboy said:
Not to hijack your thread. I live within my means and looking to get a credit card to have a good credit rating and just in case.
1. Will I be charged even if I do not use the card?
Nope!1. Will I be charged even if I do not use the card?
I have just found out that mine does a price promise as well, buy something and if you find it cheaper within 60 days, the CC company will refund the difference.
[quote=Who me ?]Remember some credit cards charge a fee for use overseas .Think Nationwide (all accounts ) and PO credit card are free
[/quote]
I dont know of any credit cards that applies to. Think you mean debit cards, which you would be correct, there is nearly always a fee.
Quite often, I find the exchange rate on my Amex for overseas purchases is a damn sight better than I'd have got changing cash.
[/quote]
I dont know of any credit cards that applies to. Think you mean debit cards, which you would be correct, there is nearly always a fee.
Quite often, I find the exchange rate on my Amex for overseas purchases is a damn sight better than I'd have got changing cash.
NWTony said:
ytrebil said:
posterboy said:
Not to hijack your thread. I live within my means and looking to get a credit card to have a good credit rating and just in case.
1. Will I be charged even if I do not use the card?
Nope!1. Will I be charged even if I do not use the card?
I have just found out that mine does a price promise as well, buy something and if you find it cheaper within 60 days, the CC company will refund the difference.
NWTony said:
Apparently having a card and not using it adversly affects your credit rating. I'd get one and arrange a D/D to pay the whole amount and stick your shopping or petrol on there. The other good thing about credit cards is that they area third party to claim off if a purchase goes tits up. so ideal for larger purchases, cars, holidays etc, if you have to money to pay it off.
I have just found out that mine does a price promise as well, buy something and if you find it cheaper within 60 days, the CC company will refund the difference.
I wasn't aware that having a card and not using it had an adverse affect on your credit rating, but Tony's certainly right about the other benefits of using a card. In addition, if you're paying off the balance in full, it makes sense to get a cashback card so you earn "free" money on your expenditure. Amex were doing an offer of 5% cashback for the first 3 months, followed by 1% thereafter. I also took out a Capital One card about 18 months ago offering a similar deal, but you'd need to check somewhere like Moneysupermarket for up to date offers.I have just found out that mine does a price promise as well, buy something and if you find it cheaper within 60 days, the CC company will refund the difference.
Well I saw it on a TV show about credit ratings / obtaining credit, hence the use of "apparently". I suppose the reasoning is that they want people who use the facilites? Much like why having no credit history is bad for you. I'm not an expert
Mastercard from Shell via citibank gives 1% cashback on all purchases and 3% against shell petrol which is quite nice.
Mastercard from Shell via citibank gives 1% cashback on all purchases and 3% against shell petrol which is quite nice.
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