Credit Cards

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A guide to store cards

A store card is a credit card that only lets you spend money at a certain shop or retail chain. Like with a traditional credit card, store cards can be used to buy things with credit.

Cashback and reward cards: how to get something back when you spend

There are many different types of credit cards, and they all serve slightly different purposes. A card that offers 0% interest on purchases is useful if you have a lot of big spending on the horizon, as you can pay the balance off in stages without being charged any interest. Similarly, a 0% balance transfer credit card is worth a look if you have already built up a large outstanding balance on a card and want to cut the cost of paying it off gradually.

How a money transfer credit card works

A money transfer card allows you to move money into your current account from a credit card. It’s a popular way of paying off existing debt or borrowing money for a large purchase. Many people compare them to balance transfers but there are lots differences you need to know about.

How a purchase credit card works

Credit cards are traditionally used for buying goods or services online or on the high street. Each month, you must pay a minimum amount of your balance and if you don’t clear your balance, interest will be charged.

How a balance transfer credit card works

A balance transfer is when you move debt from one credit card to another. For example, if you’ve got multiple debts spread around, by paying them off with one card, you’ll reduce interest payments and can focus on paying one debt off.

How to choose the right credit card

If you’re looking for a credit card, there are lots of questions you need to ask yourself first. Why do you want one? Will you be paying off what you owe every month? Or do you want to spread the repayments over time?