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  • FIRST POST
    • InclusiveNeil
    • By InclusiveNeil 7th Mar 17, 4:54 PM
    • 7Posts
    • 4Thanks
    InclusiveNeil
    Whats the worst thing about Credit Cards
    • #1
    • 7th Mar 17, 4:54 PM
    Whats the worst thing about Credit Cards 7th Mar 17 at 4:54 PM
    Am curious to know what the worst thing about credit cards is to different people? My guess is its the long time it seems to take back and the confusion around repayment amounts/rates.

    Any other thoughts?
Page 1
    • molerat
    • By molerat 7th Mar 17, 5:03 PM
    • 16,768 Posts
    • 10,988 Thanks
    molerat
    • #2
    • 7th Mar 17, 5:03 PM
    • #2
    • 7th Mar 17, 5:03 PM
    The worst thing is that you have to pay them back ............ eventually. Can't think of anything else negative or confusing.
    www.helpforheroes.org.uk/donations.html
    • TheShape
    • By TheShape 7th Mar 17, 6:00 PM
    • 988 Posts
    • 736 Thanks
    TheShape
    • #3
    • 7th Mar 17, 6:00 PM
    • #3
    • 7th Mar 17, 6:00 PM
    That I don't have higher credit limits.
    • Superscrooge
    • By Superscrooge 7th Mar 17, 8:21 PM
    • 848 Posts
    • 589 Thanks
    Superscrooge
    • #4
    • 7th Mar 17, 8:21 PM
    • #4
    • 7th Mar 17, 8:21 PM
    I wish they would always include the expiry date of 0% deals on credit card statements. Some do but many don't
    • smallbusiness
    • By smallbusiness 11th Mar 17, 7:30 PM
    • 12 Posts
    • 1 Thanks
    smallbusiness
    • #5
    • 11th Mar 17, 7:30 PM
    • #5
    • 11th Mar 17, 7:30 PM
    I hate the fact most places charge more to take a credit card. Sometimes I want to put something on a credit card but the 2.5% surcharge some charge just have me reaching for my debit card instead.
    • molerat
    • By molerat 11th Mar 17, 7:52 PM
    • 16,768 Posts
    • 10,988 Thanks
    molerat
    • #6
    • 11th Mar 17, 7:52 PM
    • #6
    • 11th Mar 17, 7:52 PM
    I wish they would always include the expiry date of 0% deals on credit card statements. Some do but many don't
    Originally posted by Superscrooge
    Agreed, Santander and MBNA do, TSB, Cap1, Halifax and Tesco do not. Shows what use the regulators actually are !
    www.helpforheroes.org.uk/donations.html
    • phillw
    • By phillw 15th Mar 17, 11:33 PM
    • 674 Posts
    • 340 Thanks
    phillw
    • #7
    • 15th Mar 17, 11:33 PM
    • #7
    • 15th Mar 17, 11:33 PM
    I wish they would always include the expiry date of 0% deals on credit card statements. Some do but many don't
    Originally posted by Superscrooge
    Knowing the 0% expiration isn't much help if you are still using the card as you lose the standard 1 month free interest because you didn't clear the balance in full. They calculate the interest from the date the purchase was made at their standard rate, even though the purchase was made before the 0%.

    It would be helpful if they told you what to pay and when to avoid interest.
    • Frudd
    • By Frudd 20th Mar 17, 9:42 PM
    • 38 Posts
    • 145 Thanks
    Frudd
    • #8
    • 20th Mar 17, 9:42 PM
    • #8
    • 20th Mar 17, 9:42 PM
    It doesnt feel like real money or real spending which is how people get in trouble!

    Also agree about the offer duration, I have started writing it on the front of the cards
    £0/£2017 extra income
    £1070 credit card
    • Shakin Steve
    • By Shakin Steve 20th Mar 17, 10:11 PM
    • 880 Posts
    • 637 Thanks
    Shakin Steve
    • #9
    • 20th Mar 17, 10:11 PM
    • #9
    • 20th Mar 17, 10:11 PM
    There is nothing that's good, bad or even ugly about credit cards. Now.....the people that (mis)use them.....?
    I came into this world with nothing and I've got most of it left.
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