How much is on your credit card?

Buchanan0204 said:
What's the flight going to have cost you in real cash? I hope it's not £1=1point.
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Why is that relevant? If it's the card I think it is he'll be getting 12.5 Avios per £1 (and 25 Avios per £1 on foreign transactions) for the first 3 months.
 
1.5k at the moment, occasionally don't pay it off fully but only where I don't end up owing them at the end of the year extra as I get 1% cash back on everything.
 
Sorry to hijack thread, but i'm considering getting a credit card to bolster up my credit rating :)

I was stupid with money when I was younger, getting phone contracts and buy now pay later when I really couldn't afford it and now i'm struggling to get a phone contract or even a store card :(

Can anyone recommend a credit card for people with low credit ratings, I intend to pay it off in full each month, so am I right in thinking I won't incur any interest on this?
 
Megahurtz400 said:
Sorry to hijack thread, but i'm considering getting a credit card to bolster up my credit rating :)

I was stupid with money when I was younger, getting phone contracts and buy now pay later when I really couldn't afford it and now i'm struggling to get a phone contract or even a store card :(

Can anyone recommend a credit card for people with low credit ratings, I intend to pay it off in full each month, so am I right in thinking I won't incur any interest on this?
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That's right.
No interest if you clear it each month as long as you don't withdraw cash.
It will also boost your credit rating as it shows you can repay what you borrow.

Capital One do one for this purpose and so do Barclaycard
 
I put everything I possibly can onto my credit card and then pay it off in full. I do this to accumulate Tesco Rewards points which I then spend on day's out with my son. I've lost count of how many trips we've taken to places like Legoland etc without paying a penny. Marvellous.
 
£5, because I accidently used my credit card for a Subway last month.

I rarely use my credit card as the excess is only £300. I got it as I was going to Detroit with work and it was a Halifax Clarity credit card with no abroad fees. I applied way in advance and it arrived the day I flew out :rolleyes:.
 
A tip if your credit card minimum payment hits the same as your net monthly salary like mine once did your overspending.

They can be very dangerous when your young.
 
Domi said:
A tip if your credit card minimum payment hits the same as your net monthly salary like mine once did your overspending.

They can be very dangerous when your young.
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You must be one heck of a prat to spend like that!!

I understand credit cards in that they allow you to spread the payment of something expensive i.e. Car needs a new turbo that would come to £600 - Put it on the credit card so I can pay for it next month. Just sticking large purchases on a credit card just because you can is a crazy.
 
no_1_dave said:
That's right.
No interest if you clear it each month as long as you don't withdraw cash.
It will also boost your credit rating as it shows you can repay what you borrow.

Capital One do one for this purpose and so do Barclaycard
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Nice will look into it :)

I'm going to be using it for general day to day stuff, what's your thoughts on this?

If I made this into my own thread would I get slated lol? :p

And is setting it up so it pays off everyone month as easy as setting up a Direct Debit/Standing order with my bank?
 
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