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MBNA (Virgin) switch to new Reward declined, what to do now?
I have been with MBNA Virgin for 3.5 years, have both black and white card. In this time over £100k was cleared and have incurred less than £150 interest. Since MBNA is going to discontinue, I applied for the new Virgin Reward card, so I could keep racking up airmiles on my Virgin Atlantic account. Unfortunately it has…
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Will I lose my 0% rate
I recently opened a Credit card with Virgin money to carry out a balance transfer from a credit card that was nearing the end of its 0% period. I have just realised that due to a late showing expenditure on the card I have dipped slightly over my limit (£8 to be precise) and have immediately made a payment to more than…
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Halifax Clarity Credit Card UK use?
Hi, I've got a Halifax Clarity credit card and I successfully used it abroad and paid it off. However, I was thinking about using it for a large UK purchase but I can't find any information about using it in the UK! What are the pros and cons of using this in the UK for purchases? I was told I could use it in the UK and I…
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Clarity credit card question
I got a Halifax Clarity Credit card as MSE recommended it for foreign spending. The info. leaflet says 2.95% fee for using it abroad; card charged in local currency but statement in sterling; Halifax use Mastercard exchange rate. My query is the following- Isn't 2.95% fee on every purchase expensive? I thought it was free…
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Barclaycard "Credit Balance Refund"
I had a 14p credit balance left on a Barclaycard. They kept writing to me about it, but I couldn't figure out how to withdraw or transfer it and I couldn't figure out how to spend money on the card in such a way that I could restore the balance to zero, because all payments on the card are made by Direct Debit. This month…
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NEED A CREDIT CARD OR LOAN - bad credit score but no cjjs or anything like that
Hi Looking for a credit card or loan company that offers money to younger people just starting out. I am 22 work full time and have a decent wage little to nothing credit due to never really having anything, recently moved into my own house (rented) need a need cooker ect and lots of other expensive appliances could do…
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Is it possible to get a unionpay card issued in the uk?
Hi all I am relocating to Shanghai over the summer for a couple of months and I am concerned about how I am going to access money whilst I am in China. I current bank with nationwide and I have a premier account with HSBC as well. Usually when I’m on holiday in Europe etc I just use my nationwide debit card to lift money…
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Balance transfers
Hi, Hi, I have a credit card that charges no interest on purchases for a set period... and that period is coming to an end in a few months. Does anyone know if it's possible to transfer the remaining debt to another 'no interest for a set period' credit card, thereby extending the interest-free repayment period? Many…
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Help please
Hi all I was hoping for a bit of advice, I’m 45 and never had a credit card not that I’ve ever been refused but never applied for one just because they scare me! Got to the stage where I think I should have one in case my fridge breaks and haven’t got cash to get one. I know I need a purchase card so it’s interest free for…
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Credit cards to use abroad
I have Clarity by Halifax, tandem and Aqua. In regards to spending am I correct aqua and tandem are the best due to the cashback? For cash whichever I can clear the quickest with Internet banking?
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Say goodbye to the Lloyds Avios cards
Looks like Lloyds are due to discontinue the Amex, drop the earning rate significantly and drop the upgrade voucher: EXCLUSIVE: Big changes coming to your Lloyds Avios Rewards credit card Any thoughts on decent alternatives? Will have to be an Amex, I'll probably go for the Rewards Credit Card or the Platinum Cashback…
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Question regarding compound interest
Hello, Could someone please explain how compound interest on a credit card works please? I have always understood that the interest on the balance is calculated daily and then is capitalised (paid onto balance) on your statement date. It is at this point that the interest starts compounding as you are then accruing…
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Money transfer to pay off balance transfer?
Just trying to work out if this is as easy as it seems :o I've got an MBNA card with approx 8k on it, all at 0% at the mo, but around half of that runs out next month. They are still offering me 0% on Balance transfers and money transfers. If i did a money transfer for 4k at 0% then used that money to pay off the 4k that's…
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Piggybanking method - credit cards
Heya. Does anyone here have a separate account solely for their credit card payments? So an account they put money in which they use to pay their credit card/s? Do you find this effective as opposed to having the money in your bills account? I’ve heard of some people moving the specific transaction amounts to a separate…
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Cancelled DD but still paid
I bank with TSB. I have a CC with Santander. I'm in the process of looking to balance transfer it over to another provider. So, I decided to cancel the DD I have with Santander via my TSB account. All good. Now, according to my Santander CC account online, another instalment of the DD has come off. But this is not showing…
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Switching credit limit between cards
I'm sure the answer is no, but does anyone know if this is possible? I have a credit card with HSBC with a 4K limit, and another one with aqua with only 1200 limit. The aqua one does not charge for use abroad so I would love to reduce the limit on HSBC and 'move' it on the other. Is this cloud cuckooland thinking? Cheers!
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Vanquis Credit Card
Hi. I'm new here, so firstly pleased to meet you all! I have just received my Vanquis Credit card and have just made my first purchase (£200). I am planning to pay it off over 2 months but my question is as I have made the purchase today, when will I receive my first statement and when will my payment due date be if anyone…
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Barclays new scam ?
Hi, I have a Barclaycard, last month I paid a bit over the minimum payment, I havnt used the card at all. This month I am asked to pay £1.72 more and I note the interest amount has increased although outstanding balance has gone down, clearly they are making it so difficult to understand your statement that you dont notice…
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A question regarding Paypal Credit and how it works.
Tried to ask Paypal about this, and met with silence essentially, but I was wondering, when people sign up and get accepted for Paypal credit does it mean that all purchases by vendors are then split over monthly payments? The reason I am asking is, I assumed this would be the case like any other credit agreement (bar the…
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Natwest Rewards Card....Rewarding enough?
For Ten Long Years we have had a Tesco Clubcard Credit Card. We both work for Tesco, and alot of our pay went back to Tesco Supermarket or Direct. We thought we had a good deal, getting points every month to spend in store. We no longer think this. We want a better deal, and have a savings account with Natwest - the…
