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News archive

July 19th, 2017 at 2:13 PM

What's a rewards credit card?

Rewards cards are very similar to cashback cards, but offer rewards rather than cash. This is usually in the form of vouchers, loyalty points or discounts.
July 19th, 2017 at 2:12 PM

What's a cashback card?

Cashback cards are cards on which you can earn money back as you spend, with this amount varying between issuers and products.
July 19th, 2017 at 2:11 PM

What's a low APR credit card?

As you would expect given its name, low APR credit cards are cars with a lower APR than usual.
July 19th, 2017 at 2:11 PM

What's a purchase credit card?

Purchase cards can offer long interest-free periods.
July 19th, 2017 at 2:10 PM

What's a balance transfer card?

Balance transfer cards give you the opportunity to move existing debt to a new card, which usually charges a low interest rate. However, it does usually require a fee to be paid. If you don’t pay off the debt by the end of the low-interest...
July 19th, 2017 at 2:10 PM

What's the right credit card for me?

There is no clear answer to this question as it depends on what you need from a credit card.
July 19th, 2017 at 2:09 PM

Can I repay credit card debt early?

You can repay your credit card debt at any point.
July 19th, 2017 at 2:08 PM

Is it better to save or overpay a credit card?

Usually, you will pay a higher rate on credit card debt than you would receive from your savings, so it makes more sense to pay off debt first.
July 19th, 2017 at 2:08 PM

Is it cheaper to borrow with an overdraft or a loan?

Again, this depends on your circumstances but could be worth consideration. A lot of banks offer interest-free overdrafts that could meet your needs.
July 19th, 2017 at 2:08 PM

Is it cheaper to borrow with a loan or on a credit card?

This depends entirely on your own circumstances. Generally, loan rates tend to be lower than credit card rates, but it depends on how you manage your money.
July 19th, 2017 at 2:07 PM

What about interest-free credit cards?

When purchases are made using an interest-free credit card there will be no interest added onto the debt for an agreed period.
July 19th, 2017 at 2:07 PM

Can I borrow money for free?

The majority of credit cards come with an interest free period, during which you can essentially borrow money for free, as long as you pay your bills in full. This will not apply to cash withdrawals.
Page 3 of 1012345...
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