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Credit Card interest on interest
I need some help with something... I had a credit card which has a large balance on for a year, and I have now finally paid the whole balance off so my balance now shows zero. I closed the card (which they then tried to offer me a better deal etc) trying to keep me, which I declined. BUT... they are saying that I will get…
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Halifax's (Clarity) new DD policy
Hi all, Halifax changed their direct debit policy starting soon. They will no longer adjust the direct debit amount for any manual payments made earlier. This applies even if the DD instructions are to pay the balance in full. This makes no sense to me, why would they do that? I spoke with one of their customer advisors…
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Business Air Miles
I do the bookkeeping and accounts for a family business, which I am glad to report is doing well. I am looking at the feasibility of getting an Amex Platinum Card to gain the maximum rewards that could be shared by the family members. What I would like to do, is pay all our suppliers by Amex, and pay the credit bill off in…
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thoughts on balance transfer cards
I don't fully understand the ins and outs of balance transfers but I have been looking into a 0% transfer card and did the eligibility check on here this evening. It came out that the card I had the best chance at getting was Barclaycard Platinum. Before going ahead with the application I did some calculations based on…
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Lloyds Choice Rewards - certain retailers vouchers taken away
I logged into my Lloyds Bank Choice Rewards points account and it appears a lot of the vouchers have gone (most notably Amazon vouchers). The only ones left of note are Argos, Debenhams and Currys. The rest have gone. Anyone know if this is a permanent change or a temporary glitch? I think in the last 3 years I've had this…
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Interest on Aqua card is crippling !
Not sure if anyone can advise me . I am paying a huge amount of interest on the aqua card I should never have got ! After credit card debts in my 20s I managed to steer clear of them for twenty five years and now am back where I started . Lots of reasons and excuses , carer for elderly mum , losing work ( self employed etc…
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Credit score - How to create it for an expat
Hi all, I am a EU citizen (Greek) and have been to UK for 2 years now and i am looking for some suggestions to build a good credit score. My details are: - Since day 1 in UK i work full time with an average high salary (70K+). I have no actual need for lending for now but i have to start thinking to build my credibility to…
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Help with balance transfer
Hi, I’m new to MSE so I apologise if I ask an obvious question. I’ve just taken out a new credit card for balanace transfer reasons. I misjudged the date of my 2 purchases on my current credit card and so my 2 purchases have gone across 2 statements. My question is: Can I apply for a balance transfer on the same card twice…
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CC default
Hi, a bit of advice needed, this is all new to me as I (like to think) i am smart with money. I have been going out with someone a while who has some small debt from a previous relationship. Its a John Lewis Partnership card in default ~£3700 but has been in default for over 2 years. They have been upfront about everything…
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Virgin Money Credit Card
Hi all Does anyone know how long after closing a Virgin Money credit card you can reapply for a new one? Thanks Jim
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Refund to credit card
I have had a £300 refund for returned goods. However this arrived after my monthly statement was generated. I was prepared to pay the full balance as per statement and gradually get the refund spent. However I am not allowed to do this which would give me a credit balance. I am assured that I will pay no interest even…
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1 tiny step c+
Thankfuly that's c+ card paid tonight. <£25 -and if there is any pennies interest added next statement. That's 1st card 0 balance. Next is Cap 1 -should be able to increase re payments to maybe £50 per month -approx £330 balance. Late q1 2019 before that's cleared. 1 tiny step towards reducing cc balances and interest.…
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New Sainsubrys CC wont allow Virgin transfer
Anyone know why Sainsburys wont allow a balance transfer from a Virgin credit card? Or alternatively know of a CC that will accept a balance transfer from a Virgin CC? I had a very small balance to transfer from both Barclays and Virgin, Barclays went through no problem,
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Another loan vs cc question
Hi, Sorry about yet another Loan v Credit Card as I'm sure another post has been posted in the past. I'm looking for some advice from you fine gents and ladies. Is it better to have: 2x cc and 1x loan OR just 3x cc? I currently have: 1x interest free cc which i am paying off bit-by-bit - (9k) 1x loan (14k) 1x interest and…
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Hsbc debt uk
Hello, i will need to take some money from my credit card in the next few months, if i leave uk just right when brext is happening, will they still be able to find me in europe? And what can be the consequences if i don't pay? I will not go but to uk after brexit. Thanks
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cash or cash related payment charge
The terms on my M&S Bank Credit card says that there is a 2.99% cash or payment charge (minimum £3) of the cash or cash related payment. When does this charge appear (become apparent) on the account. Is it: a) As soon as the transaction is carried out. i.e. it will become apparent from the available balance (as M&S Bank…
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Retailer facing administration has my bike for warranty repair - can I make sec 75 claim
I bought a new mountain bike from Evans on my credit card three months ago. A couple of weeks ago the front forks developed a fault, and the shop took it back to repair under warranty. The current situation is that the forks have been returned to the manufacturer for repair and they've estimated they'll be back by the end…
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Open and close Travel Cards for travel or keep it open?
As the Title suggests, I was hoping for experiences and opinions on opening and closing Travel Cards as required of an infrequent traveller, or whether it's best to just always keep it in the background. I just signed-up for a Halifax Clarity Travel Card for a trip next month and it's likely my next trip after that is…
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Credit Card Fraud victim
Hi All We have been using a worldpay card machine to accept payments in our business over the phone and in person for some time now with no issues. UNTIL recently when we accepted payments for some larger amounts for products to be picked up from us unknown to us that later on we found out that the cards had been either…
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Aqua Card Boosted/Requested payment.
Afternoon. I have just received my new Aqua card (6 months interest free on purchases) and am in the process of setting up the DD. It has given me three options - Pay full balance, a 'boosted payment' or 'payment requested' plus an optional 'recommended extra payment'...!?! What do these mean? What is the difference? I've…
