Looking to get a Credit Card
 

Im looking to get a credit card and wondering whats the best site to look at which will inform me if i can get a card before i put in for one.

Is this expedia or are there different ones?

Thanks.

Re: Looking to get a Credit Card
 

https://www.moneysupermarket.com/cre...From=SHP-icons

https://www.comparethemarket.com/cre...E&gclsrc=aw.ds

Re: Looking to get a Credit Card
 

This one I think gives you a idea off your chances in both getting a card plus what rate rate your likely to get and term of that rate etc.

https://www.moneysavingexpert.com/el...rds/#whichcalc

Re: Looking to get a Credit Card
 

Thanks Guys.

Re: Looking to get a Credit Card
 

I have a Tesco Credit card because it gives me club card points on everything I buy.

Not sure what the rates are as I pay off in full each month, it is a good idea to get one even if you pay off each month, as it gives you protection when buying and helps with any credit rating.

Re: Looking to get a Credit Card
 

I used to do the same, but it was made easier when Tesco started awarding Clubcard points for spending on a debit card. I still use my credit card (and pay it off in full every month) where the amount is over £100 in order to gain section 75 protection.

Re: Looking to get a Credit Card
 

Any of the major credit scoring apps also provide eligibility for CC"s Loans etc.

Noddle, Clearscore, Totally Money, Experian all offer free apps that will do this. (no subscription required for basic Experian either)

Re: Looking to get a Credit Card
 

I have never had a credit card .

Re: Looking to get a Credit Card
 

They can be useful if used wisely, otherwise they're a very expensive form of credit.

Re: Looking to get a Credit Card
 

Not always... I have a Tesco 5.4% card (new sign up's now get 5.9%) there are also plenty hovering at the 6.4% rate too

Re: Looking to get a Credit Card
 

Well, I never look at what the interest rates are as I always pay it off in full via a direct debit. I only use mine for collecting Clubcard points & section 75 protection.

I have used 0% offers though, before they started charging to do this.

Re: Looking to get a Credit Card
 

Remember the points are pointless if you're racking up interest charges. The best card for rewards assuming you pay it off each month is usually American Express, especially if you can get one of the cashback or air miles bonuses. Also do remember that the drawback of these cards is just how easy it is to get something without having the money for it, it sounds simplistic but there is a reason credit card debt is so high. Plenty of people thinking they'll be responsible but the allure is too high....

Re: Looking to get a Credit Card
 

Our household has no credit cards and we won't be having one as there are many out there who think its free easy money and then end up getting into significant debt.

Re: Looking to get a Credit Card
 

Very, very true Damian. To be able to gain any benefits from using credit cards, you have to have self discipline and be organised so that key dates aren't missed & all payments made on time or they financially hammer people.

Re: Looking to get a Credit Card
 

Just a point of interest regarding the section 75 protection.

You only need to have used the credit card to settle part of the payment, though you do need to pay over £100 in total for a single item to evoke the cover. For example, you could pay £20 deposit using your credit card and then pay the balance by another method and still have the whole £100 plus covered by section 75 of the Consumer Credit Act.

https://www.which.co.uk/consumer-rig...mer-credit-act

Re: Looking to get a Credit Card
 

I've made hundreds from cashback in credit cards, and never paid them a penny interest. Got a Halifax one that pays 2% on fuel and groceries, sadly no longer available, but I'm not giving it up ! They also give you protection on purchases. Used wisely, i.e. not for credit, they can be useful.

Re: Looking to get a Credit Card
 

I only decided to get a CC when I was buiny loads of stuff on Amazon.

I do pay it off every month.

Tkae recently bought my camera on it, for added protection.

Re: Looking to get a Credit Card
 

Have to agree - I use it and pay it off in full at the end of the month (and I get air miles in my BA Amex card).

Re: Looking to get a Credit Card
 

Amex BA is really good if you manage to get the right reward flights

Re: Looking to get a Credit Card
 

Agreed - we’ve had Business Class flights to Antigua, New York, Atlanta, and Boston using Avios, only paying the taxes (you get a free companion voucher if you hit a certain amount of spend per year).

Re: Looking to get a Credit Card
 

Ditto :)

Re: Looking to get a Credit Card
 

I pay it off the end of every month also this is why im not to worried on interest rates.

Re: Looking to get a Credit Card
 

Amex tends to do quite well then if you meet the requirements for a bonus. Remember Amex charges a higher transaction fees hence why their rewards a bit better. However you really do need to pay off the card each month since they're not about competing on lower interest rates, they're not designed for holding debt really. Obviously they're also not accepted everywhere.