Credit card for online purchases?
Discussion
Whilst on the phone to the bank today they mentioned that as I'm fortunate enough to have a healthy balance, I might want to look into getting a credit card to use just for online purchases - apparently a credit card vs. a debit card makes it easier and quicker for me to get the money back should my debit card details fall into the wrong hands.
Whilst I've no doubt they wanted me to have one of their cards, they may have a point as with a credit card the limit is the buffer vs. draining my bank account.
I'd be interested to know if anyone does anything similar?
I do have an amex card but as I'm sure you all know many places are a bit funny about accepting those so these days it's mostly just used for petrol.
Whilst I've no doubt they wanted me to have one of their cards, they may have a point as with a credit card the limit is the buffer vs. draining my bank account.
I'd be interested to know if anyone does anything similar?
I do have an amex card but as I'm sure you all know many places are a bit funny about accepting those so these days it's mostly just used for petrol.
Amex for wherever takes it, backed up by an Egg card for everywhere else. Both give cashback which is reason enough to use them. The extra "safety" of having VISA or AMEX on your side is nice too.
Set them both up to pay the full amount by direct debit, and then never think about again Then just receive the cheques at the end of the year for a few hundred in cashback. Hurrah
Set them both up to pay the full amount by direct debit, and then never think about again Then just receive the cheques at the end of the year for a few hundred in cashback. Hurrah
CobolMan said:
I believe you can top them up via a debit card or cash. I'll ask Mrs C as she knows about these things.
Looks like exactly that having done some quick digging. I thought I'd seen the things in Petrol Stations so you just purchased one for £20 on it or whatever amount.I'd go for a traditional card, I was just curious how the prepaid ones work.
Wing Commander said:
Amex for wherever takes it, backed up by an Egg card for everywhere else. Both give cashback which is reason enough to use them. The extra "safety" of having VISA or AMEX on your side is nice too.
You stole my line. Only difference for me is that my Egg is a Mastercard.Efbe said:
Most debit cards have the same protection as credit cards now.
Have yet to see a debit card that offers 1%/upto 1.5% cashback.get a credit card, you cant get egg any more, they have just been sold to barclaycard.
mbna are just about start a card with 1.25% cashback for petrol/superstores and 0.75 for everything else.
my stoozing.com site has a list of all the cards you can choose from (unlike many that just list cards that pay commissions to the site.
oh - and your bank manager chap was trying to push the card for exactly that reason - they commission on sales, not necessarily because it was a good financial decision for you.
mbna are just about start a card with 1.25% cashback for petrol/superstores and 0.75 for everything else.
my stoozing.com site has a list of all the cards you can choose from (unlike many that just list cards that pay commissions to the site.
oh - and your bank manager chap was trying to push the card for exactly that reason - they commission on sales, not necessarily because it was a good financial decision for you.
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