Bram
Member
Registered: 25th Mar 02
Location: Derby
User status: Offline
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I don't need any credit just that I've never had a credit card before and am worried that my credit rating is low. Hoping to secure a mortgage next year and need to bump it up before then.
Clear something up for me, if you pay the balance at the end of each month you don't pay any interest? Thats what I'm intending in doing? Do any companies offer incentives to sign up to them?
I really am clueless at this 
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Dan Lewis
Member
Registered: 31st Jan 05
Location: Leicestershire
User status: Offline
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capital one do a cc that you can get to bump up your score but i recommend not to use it after you have it though as its like 32% on purchase's
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K17STY
Member
Registered: 13th Dec 02
Location: West Lothian
User status: Offline
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Egg
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Bram
Member
Registered: 25th Mar 02
Location: Derby
User status: Offline
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https://www.capitalone.co.uk/web/raid/templates/formdual_temp_10_001.jsp?page_id=10400&context_id=2&step=1&product_id=2400
So on this one, so long as I pay the balance at the end of each month it won't charge interest?
[Edited on 23-08-2007 by Bram]
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John
Member
Registered: 30th Jun 03
User status: Offline
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http://www/moneysavingexpert.co.uk
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Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
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I'd go with your bank.
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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quote:
Originally posted by Bram
so long as I pay the balance at the end of each month it won't charge interest?
Yes, just check there is no annual fee.
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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there is one from Egg you get 1% of your total purchases using the card from the whole year back. So basically buy everything on the card, pay it off at the end of the month and get nice little bonus at the end of the year (they refused me though, im only a student 
[Edited on 27-08-2007 by dannymccann]
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Bram
Member
Registered: 25th Mar 02
Location: Derby
User status: Offline
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Should I pay for the Purchase Protection Policy, bearing in mind I'm not going to be using it much??
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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Egg, for the reasons dannymccann put above. 1% for money you are spending anyway, winner 
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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No, if you are definately going to pay it off then no need for protection. Even if in the worst case you lost your job, you just stop using the card, simple as.
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