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HSBC Letter - We are clearing your outstanding balance!
I've had a letter from HSBC today that says 'as a gesture of goodwill, we are clearing the outstanding balance on your credit card'. Although it falls into the 'too good to be true' category, they are not asking for anything, it's simply a statement that my direct debit will cease on 29th February. I only have one credit…
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Have lenders changed their eligibility criteria?
I took out a 0% balance transfer card around 2 years ago. Nothing has changed much, if anything, my salary has gone up, we've lived in our house longer and the amount I want to borrow has gone down. Trying to find a card to transfer again and everywhere is saying I'm not eligible. Anyone know why please?
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Refunds and how they're credited
If I receive a refund for a transaction, is it treated as other payments (I'm aware I still have to make my monthly minimum payment on top of that) and credited to the oldest transaction first and so on, or is it specific to the transaction being refunded?
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How do you start with a credit card to build a rating
Please can someone advise. My son needed a car when at uni. I bought one and put it on my credit card. He pays me bit by bit every month which I then pay off the card. It is always more than the minimum amount. I suggested that as he has finished uni and is now in fulltime self employment he should get a credit card 0% and…
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Credit Card Query on 0% - To pay or not to pay?
Hi, I have a 0% CC with Barclays with the 0% due to end December 2024. My balance is £3k with a £4k limit, so I'm keen to bring my utilisation down. I've been preapproved for a 0% balance transfer with Natwest with a higher limit, so I'm trying to decide, do I pay off a lump sum of my Barclays to bring the utilisation down…
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NatWest no longer crediting transactions that have been scammed
Once when I had some fraudulent transactions I called the Credit Card company and they removed the transactions. This time I had a small fraudulent transaction, where I had been tricked into giving my card details. It was a dubious website offering no services. This time I called NatWest and eventually got through to the…
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Virgin won’t give me replacement card - which I need to pay it off!!
I have had a Virgin CC for about 5 years. The 0% rate ran out long ago on it, but I’ve been steadily paying it off (never defaulted) since. My limit is £4K and there’s £2k left to pay. I recently took out a 0% card to pay off the Virgin one, but I can’t find the actual card. So I called them to get a replacement and was…
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Credit Card Interest
Is there a free and easy to use UK credit card interest calculator where you can enter a balance and interest rate and it'll give you the expected interest? I am not sure one credit card has charged the correct interest - the value seems very high!!!!
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Balance transfer and money transfer on one card?
Hello, I am looking to consolidate a loan and some credit card debt onto one card that has an 18 month 0% interest offer. I am not sure if this is possible to do on one card so I thought I'd ask here if anyone knows of a card that offers both of these? I thought it would be better than taking out 2 cards, one for a balance…
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Dispute with Samsung - section 75 CCA if I close my credit card account
Hi all. I'm currently in dispute with Samsung regarding a new phone I recently purchased from them on my American Express card, with them claiming to have fully fulfilled the order but with me not having received part of the order. However, I was wanting to close my AMEX card next week because I will be required to pay a…
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Maxed out credit cards
Over the last 18 months with everything going on I've been forced to go onto my credit cards and they're now all maxed out. Mr credit score has dropped and is now saying that being 90% across x5 cards is negatively impacting my score. I've now got some light at the end of the tunnel and can start paying off larger chunks…
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Credit card fraud refunds
MBNA Credit card. On 15th
January my credit card statement was produced. On the same day two
transactions appeared on that statement that I had not authorised. One being a charge
and the other being a non-sterling transaction fee for said charge. I immediately
contacted MBNA and spoke with their fraud team who…
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credit card limits question
I have very little idea about credit cards - I've a barclaycard which I've had for over 30 years always paid in full every month. I am looking at applying for a 0% on purchase card to free up some cash for a few months (selling two houses to buy one, think we will end up one of us owning two for a while so might be a few…
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Balance transfer
Hi, my daughter has £ 7200 debt from 3 credit cards and has other loans amounting to £6000 which results in about £300 interest monthly. Her credit score is fair but she is only able to get a £1500 balance transfer for 6 months. Unless there is another way, I am willing to help to pay off the debt and she repay me by…
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Auto renewal using debit/credit card vs DDI
We have a digital newspaper subscription paid annually. We recently received a notification from the newspaper telling us that the automatic payment due next November had been cancelled. I wondered if this was a scam so called the newspaper digital subscriptions department. We didn't know if this was a debit card auto…
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Chance of Increasing limit on new 0% card?
Hi, Yesterday I applied for a 0% card to buy a car with. Only thing is I got a limit of £11k on the card and I really need £13,300. If I call them what are my chances of having it lifted? My credit history is impeccable for what its worth.
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Money transfer to pay loan?
I have the option to transfer 8k as a money transfer from my virgin credit card for a 3.5% fee- interests free for 13monthd. A couple of weeks ago I took a 10k loan out over 4 years to purchase a car, at 8.9% with mbna. Would it be a good option to go with this money transfer? It won't clear my loan, but will greatly knock…
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Section 75 on Credit Card Purchase
Hi I am about to buy a car for £13,000 from a Car Dealer, I have paid £150 on my credit card as a deposit, so I am about to pay the balance by Bank Transfer payment to the dealer. I just checked with my Credit Card company that as the purchase value is between £100 - £30,000 I am covered for Section 75 with the £150…
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Buying a car with a 0% credit card
Hi, I need to replace my car and don't have the savings to buy, so I was thinking of maxing out my 9k credit card that is still in a 0% deal to buy a used car. Can I pay for a used car at a garage and then when my 0% deal is about to run out, transfer the balance to a new card with a 0% deal?
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CC Low limit - close or keep?
Hi folks, Quick question. I have a Barclays and Vanquis CCs. Both with limits of £150. No realistic expectation of it being raised due to being a full time carer. Would I be better just to close them?
Discuss the art of making money by earning interest on cash that credit cards lend you at 0%.
3.5K discussions
19.3K comments
Most recent: Stoozing first time queries by Fingerbobs
1 September at 12:01PM
