Dean_H
Member
Registered: 19th May 02
Location: Rhondda Cynon Taff
User status: Offline
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Correct me if i am wrong....
Reason im thinking about getting a credit card is that im worried when ordering stuff on ebay with my debit card and have anything upto £2k in the bank its a bit risky....
If i get a credit card i will i always be protected from fraud/interent purchases.... ?
I can receive money from my credit card company if goods are faulty if under a year old?
If i get a credit card and purchase items with my credit card and pay whats due at the end of the month i will not occur any charges for interest?
How do you go about paying off your monthly statement? can you set up a direct debit so its automatically debited from my current account after a couple of days when i receive my statement.
Any other positives/negatives with credit cards?
What ones are the best ones out there (taking into consideration i will ALWAYS pay off my statement each month) and i bank with HSBC.
Thanks!
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Git
Member
Registered: 3rd Apr 03
Location: Swansea
User status: Offline
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Yes to all that really, just dont get stuck in the trap where by you just delay paying things off for a while, it will take ages to get your account back to nil again.
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MarkM
Member
Registered: 11th Apr 01
Location: Liverpool
User status: Offline
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Everything you have said above is true...and are the way credit cards should really be used...
If you stick to the above then there are numerous cards to choose from...
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chris-sri
Member
Registered: 3rd Apr 05
User status: Offline
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They can be a real fcuker. They are good in principle and as has already been menioned everything you say is true. The problem is when the bills come in there is always aomething better to spend the money on I would say only do it if you know 100% you have the self discipline to pay off the full amount every month. If not stick to paypal
(Egg are good if you do decide to go for it)
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a_j_mair
Member
Registered: 23rd Jan 04
Location: Scotland
User status: Offline
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easy to get yourself into debt, good to get credit rating as long as you pay all the bills
try get an intrest free for 6 months one aswell
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mav
Member
Registered: 19th Jun 01
Location: Scotland
User status: Offline
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easy just to spend spend spend
everybody says I will pay it off every month, rarely happens..
I have one card....with a 8.5k limit
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chris-sri
Member
Registered: 3rd Apr 05
User status: Offline
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quote:
Originally posted by mav
easy just to spend spend spend
everybody says I will pay it off every month, rarely happens..
I have one card....with a 8.5k limit
^^^ Agree
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Twiggy
Member
Registered: 15th Oct 04
User status: Offline
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get an abbey cashback one.... there like 1.5% cashback if i remember rightly... i should do i work for them!
Also English call center for Abbey Credit Cards! You can set up a Direct Debit for full payment then get cash back for you spends!
[Edited on 13-07-2005 by REDSPORT]
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Git
Member
Registered: 3rd Apr 03
Location: Swansea
User status: Offline
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Halifax one do 9 months interest free. Shame mine's just run out, ah well, time for another one.
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Twiggy
Member
Registered: 15th Oct 04
User status: Offline
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thats for balnce transfers.... no good for him as he pays balance every month...
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Git
Member
Registered: 3rd Apr 03
Location: Swansea
User status: Offline
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It's for purchases as well.
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