Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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Right I'm needing on to build up some credit history.
Idea is to use it for my petrol ever week, then pay for it straight away when bill comes in (end of the month?)
Which would be best to go for, as I've no idea when it comes to them.
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Shouldnt really matter if you only want to clear the balance every month
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Darren
Member
Registered: 21st Apr 02
Location: Hadleigh, Suffolk
User status: Offline
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well if your gonna be paying the balance off each month its not really gonna maek much odds what comapny your with 
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Andrew
Member
Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
User status: Offline
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Just go with one off your bank. That way you can transfer monies online
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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If your going to 'use' it Go for one with like 6mnths 0% interest then keep changing every time the free interest runs out and having the balance transfered onto a new card with a new deal
[Edited on 23-02-2005 by Kolin]
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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Can you use your current bank account to direct debit it?
So say I use £100 on petrol this month.
1st March comes and it takes the £100 out of my Current Account at the bank
That make sense?
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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No its strictly just to use for petrol to build a credit history up
Nothing else
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by J-Me
Can you use your current bank account to direct debit it?
So say I use £100 on petrol this month.
1st March comes and it takes the £100 out of my Current Account at the bank
That make sense?
Think Direct Debit only works with Switch delta electron etc
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by J-Me
No its strictly just to use for petrol to build a credit history up
Nothing else
Yeah but if you did need to use it then thats what to do
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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I see
How do you pay off the credit card bill?
I know simple question, but want to know everything prior to applying
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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http://www.fool.co.uk/searchengine/google/cards.htm?source=ucctlink600018
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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Those were the two cards I found to be best on here
http://www.creditcardexpert.co.uk/compare-uk-credit-cards.htm
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Drew
Banned
Registered: 24th Nov 01
Location: County Durham
User status: Offline
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quote:
Originally posted by J-Me
No its strictly just to use for petrol to build a credit history up
Nothing else
yeah we all say this - you just wait and see thou
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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quote:
Most cards do require a minimum income before they will accept your for a card however.
Feck. I work part time.
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by J-Me
I see
How do you pay off the credit card bill?
I know simple question, but want to know everything prior to applying
Every month you get sent a balance of what you owe with payment options - either minimum amount or whatever you want to pay.
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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quote:
Originally posted by Drew
quote:
Originally posted by J-Me
No its strictly just to use for petrol to build a credit history up
Nothing else
yeah we all say this - you just wait and see thou
Hmmm wide arch kit hmmm
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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quote:
Originally posted by Kolin
quote:
Originally posted by J-Me
I see
How do you pay off the credit card bill?
I know simple question, but want to know everything prior to applying
Every month you get sent a balance of what you owe with payment options - either minimum amount or whatever you want to pay.
Can you pay this by Switch?
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by J-Me
quote:
Most cards do require a minimum income before they will accept your for a card however.
Feck. I work part time.
Im yet to find someone refused a credit card Banks want you to be in debt - thats how they make there money!
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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quote:
Originally posted by J-Me
quote:
Originally posted by Kolin
quote:
Originally posted by J-Me
I see
How do you pay off the credit card bill?
I know simple question, but want to know everything prior to applying
Every month you get sent a balance of what you owe with payment options - either minimum amount or whatever you want to pay.
Can you pay this by Switch?
No they have your bank details when you apply
If your not planning to use it 'use it' then just get whatever your bank offers you - otherwise go with egg or such like with 9months 0%apr and max it out then just pay the minimum until times up and transfer balance to another card!
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Jamie
Member
Registered: 1st Apr 02
Location: Aberdeen
User status: Offline
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Nice one
Cheers
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Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
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Last year my bank gave me a Visa card with £2k limit and I wasn't even working. Might have had something to do with the fact that I had nearly £10k in my current account at the time though!
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Nismo
Member
Registered: 12th Sep 02
User status: Offline
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quote:
Originally posted by J-Me
Idea is to use it for my petrol ever week, then pay for it straight away when bill comes in (end of the month?)
Doesnt work like that i thought id be like that but knowing you have the money tempts you into buying other thinks 2 years ago it was empty, now its on 3K 
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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I have a £3k limit on my card but ive only used it once to see what all the fuss was about - I only spend money I have and will never get in debt!
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Nismo
Member
Registered: 12th Sep 02
User status: Offline
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My 3 accounts
CC beeing the bottom one , should i pay it off or buy more toys  
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Savings accounts looking good there Mr Marchant...bet your not on the bank managers Xmas card list
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