UK Credit Card Top Tips
Follow these simple steps and avoid credit card hell
If you owe money on your card, transfer the balance outstanding to an interest free card. Then don't use it for spending - get another card for that.
Meanwhile slowly pay off the debt, maybe by setting up a simple standing order from your bank account.
Avoid using a card that charges an annual fee. It's very unlikely to be worth it. If you've already got one that charges this, tell them you're not prepared to pay it and they may let you off.
Avoid using the card to take out cash.
It's very expensive. More
Set up a monthly direct debit
mandate to pay off your card. This means you'll never forget
to pay and won't be charged the high interest for late payments.
You can set the direct debit to only pay the minimum
card payment amount required. It's easy. Simply ask
your card provider to send you their standard form.
Never ever ever use a store
credit card or a logo type card. The interest
charged is much too high. If you want it for status keep
it handy to flash around but don't use it.
Credit Card Guide
What is a credit card...
The usual terms... How
to apply for a creditcard
Interest and Credit Cards...
interest credit cards... When
does the interest charge start... How
interest is calculated.. How
to get interest-free credit... The
APR and Credit Cards...
deals / special offers... Crad Introductory
fraud guarantees... Emergency
cards / cash... CreditCard
cards / Fraud... Internet
and your card... Free
Never heard of the card issuer?...
Minimum payment amounts...
Credit Card Statements... Annual
Fee... Late Credit Card payments... Credit