-
Should I pay off in full now or wait until just before the 0% deal ends
I have just over £4K in credit card debt which was transferred to a 0% card in April of this year. The 0% deal runs out in October 2024. I have been paying this off at a rate of about £200 a month and I have no intention of spending on this card. Recently I am in a position to pay that debt (my only debt) off in full.…
-
Paying for Building work over 30k
My daughter is having an extension & cost is 40k so over limit for credit card section 75 so what would be the best/safest way to pay? They have arranged to pay after each ‘stage’ so it’s split up into small amounts but presumably this wouldn’t count as separate works & therefore covered thanks for any advice
-
Onmo - anyone else on here use them
Firstly my credit rating is very poor owing to bad financial decisions in past. I have one credit card at moment which has £200 limit which is clear by the way as I always use it then pay it in full at each month. Happened to check my clearscore earlier on offers and saw I was preapproved for a new credit card with onmo. I…
-
Section 75 and car trade-in
Section 75 of the Consumer Credit Act protects purchases, where a credit card is used, for an item that costs between £100 and £30,000. A purchase over that limits is not covered - at all. Does anyone know if Sections 75 provides protection if, say, you pay £23,000 and trade in your old car for £12,000 - giving a total…
-
Tesco Gift Card Scam
Hi I do not know if anyone has experienced this but I entered a competition on Facebook to win a £500 Tesco Gift card. Apparently I won the gift card. But in order to get this I had to pay £3.00 I was told that I would receive the gift card via email. I have not received this instead I received an email from a company…
-
Nationwide Credit card
I received a call purporting to be from Nationwide BS at lunch time yesterday while having lunch in a pub over 100 miles from home! As far as I could work out they said that there had been a problem and had blocked my credit card, good course of action to take. Now the problem started. Security questions, what was my…
-
Credit card upgrade to rewards card
I currently have Barclays platinum credit card with zero balance on it, I just checked my credit score on Halifax and it’s says it’s dropped 11 points because I haven’t been using my full credit allowance. I was looking to change to a rewards card and was wondering which one would be best? I looked at the Amex gold but…
-
Transfer balance or keep in the Bank?
I have a credit card which interest free period is due to run out. £4000. I have an offer on another card for balance transfers for 12 months with a 3% fee. I have the money in saving account to pay card off which is earning 4.5%, paid monthly. Do I pay credit card losing interest on savings or transfer balance and pay 3%…
-
Admitted human banking error but they still want us to pay?
My dad turns 87 at the weekend and has always gone to the bank with cash to pay the bills. He went last month to Natwest to pay his Natwest credit card where the counter staff stamped his paper bill and wrote down the full amount paid. They call 2 days later to say that there has been a mistake on the part of the cashier…
-
Vulnerable unemployed son able to get credit card!
Can someone explain how my 40 year old son was able to get a Virgin Money credit card recently. He has mental health issues, lives in supported mental health accommodation, his only income is benefits which are all spent on his living expenses, mobile phone, broadband and utility bills. He has recently become a compulsive…
-
Balance transfer - how much?
Hi we have 6k on a credit card and the 0% is ending, we were thinking of getting a 0% transfer card for 14 months (natwest) to shift the debt but wondering is there a limit on how much you can move over and how many times can you shift debt to these cards or is it just a one of move Thanks in advance Dave
-
Closed credit card and refunds
During the past year, I have closed a credit card account and had 2 moved to new providers - keeping track of the numbers is a tad tricky. I took out a magazine subscription, but subsequently decided to cancel and was due a refund. However, refunds go back to the original payment method. Despite advising I no longer had…
-
Capital One credit card question
I am pre-approved for the Capital One Complete 6 Months card, which offers 0% purchase and balance transfer for 6 months as a first Credit Card. On their website, they advertise that for purchases and balance transfers, they offer "0% fixed for any statement period beginning within the first 6 months of your…
-
Discrepancy between eligibility checkers
I've had a basic, standard credit card for a few months now (my first one ever), the other week they tripled my credit limit, and on Experian it's now 900+ after several months - all paid by direct debit straight away, sometimes paid in advance for the sake of it. I'd wanted to eventually move to getting an Amex Rewards…
-
credit card balance transfer
Hi, sorry if similar question asked before in this forum. I recently applied for a Natwest balance transfer credit card with suprisingly13K credit limit. I have transferred the balance on my other Halifax credit card. Due to my two year fix rate mortgage ending by the new year I am considering withdrawing money from my…
-
Credit Card Balance Transfer
Just wondering if it would be acceptable to take out a zero balance transfer card and do a bal transfer to another credit card that has a zero balance on it. So for example, transfer £1000 to an old credit card with zero bal, giving you £1000 credit bal and while you spend on that card you don't need to make any payments…
-
First Direct Gold Credit Card - Amend Direct Debit from Minimum Payment to Full Statement Balance
Has anyone been able to amend a direct debit (DD) setup to pay the First Direct Gold Credit Card from minimum payment to full statement balance. When I applied for this credit card, I chose minimum payment because there was a 0% interest for 17 months offer. Now that the offer has expired and any balance will accrue…
-
Virgin Money new promotional money transfer rate
Hello! I currently have a Virgin Money 0% Money Transfer Rate which is active until 31/03/2024. This currently has £650 owing on it. I've now been offered a new promotional rate which 0% until 30/09/2024 for any new transfer. I just want to know if I'm correct in thinking the £650 will still have the same promotional rate…
-
Chargeback for an online purchase, my likelihood of success?
Hi guys, I bought an item online, and Id like to try a chargeback as the item is faulty. But Im not sure if Ill be successful, youll see why given the timeline: I paid for an item online form a seller in Spain. The transaction was on 1 August. (He made me pay it into his wife's personal account, which I found a bit dodgy!)…
-
Barclaycard statements
Another question! Anyone else had issues with getting colour copy Barclaycard statements recently or them turning up 5-6 months later? Every time I request them (Since May) & the dates put on the Barclaycard system (which can be seen by the Barclays/Barclaycard agents with all the dates I requested & the all the orderers…
Discuss the art of making money by earning interest on cash that credit cards lend you at 0%.
