Credit cards?

[Brengirl]

I have decided to change our credit card. I am not concerned with the % as we pay of monthly by DD. I like to be rewarded for loyalty and was about to google 'best credit cards' but decided to get your opinion first.

[rustylady]

Sorry, don't do credit cards - too easy to overspend. Had one a few years ago and never used it to the max but even so it was so easy to just pay the minimum per month and when I added up the interest I decided to do without it. Now I just use a debit card - if I can't afford something I do without it.

[Jeanied]

I'm the same as you, RustyLady - I don't use credit cards any more - just got the debit card.

[quark1]

I have a couple - for their own specific convenience.

The one I get 'summit' back from is the Asda card. Via 'Santander' and will give you an Indian Call-Centre - but you can requset transfer to UK call Centre - which I do, routinely, for payment etc.

Like you I pay off whole total monthly and get - though its going down rapidly - a point for every £4 spend outside asda - I think its double 'inside' asda and either 1p or half-p for every litre of petrol I buy. One point=1p - not a lot - but better than a kick in the you-know-what......s! Gone down big-time since the credit crunch. But my previous provider stopped ALL benefits!

I will review during course of year for 'best buy' - but for the time being this is the 'best' fit for me.

Of course if anyone knows of anything better and posts here - perhaps I'll be joining them!

[HotStuff]

If you have a look at this it might help:

Credit Cards & Loans: 0% deals, cheap loans, credit card loopholes, long term cheap rates, debt problems & more

[Capsid]

I use the M&S card. You get points for every pound spent and double if you purchase M&S stuff. Sounds similar to the Asda card above. I always pay the balance each month as the interest rate is exorbitant.

[Garvey]

This is an excellent website. I've provided the link to the credit card offers:-

Credit Card Freebies: £30 Boots / M&S / HMV voucher, BA return flights, £15 Amazon voucher...

[green thing]

I don't use them just use a debit card
the bankers make too much money why give them even more

[ladylottie]

If you have a look at this it might help:

Credit Cards & Loans: 0% deals, cheap loans, credit card loopholes, long term cheap rates, debt problems & more

The site quoted by Hotstuff is very good with lots of moneysaving tips.

Two years ago I got rid of my Visa card and had an Egg Money card instead. I pay the whole amout off EVERY month (It isn't worth it if you don't) and get cashback on what I spend. I pay for everything on it nowadays and use it (almost) like a bank current account. Only bills nowadays get paid out of my "real" bank current account, I hardly ever use cash any more.

[OllieMartin]

I used to be like Rusty and Jeanied, my philosophy on credit cards was 'If I can't afford it, I can't have it'.
That's still my philosophy, but putting it on a CC gives me rewards and means I don't have to pay for it for a month. I never buy anything that I don't have the cash in the bank to cover straight away and I ALWAYS pay the full balance off each month.

I have a Sainsbury's card that gets me nectar points whenever I shop in Sainsbury's or fill up at a BP petrol station (amongst other places)
A Tesco's card that gets me clubcard points. I use this one for almost everything except shopping in nectar places.

They come in most useful when it comes to my work fuel expenses. As I pay for the fuel on my Tesco's CC I get clubcard points from the card, additional clubcard points from station (if it's Tesco's, which it usually is) AND I don't have to pay for it for a month despite the fact that work will reimburse me for it within 2 weeks!

[Brengirl]

I havn't investigated the several links I have been given but am interested in the Nectar points. I am on EDF dual fuel and they give nectar. I think maybe best to put all my eggs in one basket in order to accumulate faster.

[OllieMartin]

I havn't investigated the several links I have been given but am interested in the Nectar points. I am on EDF dual fuel and they give nectar. I think maybe best to put all my eggs in one basket in order to accumulate faster.

That was my thinking when I got the Sainsbury's CC. At the time I worked nextdoor to a Sainsbury's supermarket.
Now there's a huge Tesco's down the road and a Tesco's express round the corner, plus I understand that you can get a lot more for your clubcard points than nectar points, so I've switched over to the Tesco's CC.

[bobleponge]

My thunder has been stolen, moneysavingexpert.com is the place to go.

[Brengirl]

Hehe..Noone could do that Boble. I wondered what that 'clap' was.

[binley100]

We used to have a credit card and regularly swapped to get 0% deals., but when OH go made redundant we decide to pay them off and cut them up. Best decision we made and tbh haven't missed having one.