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Paying off Amex Credit Card
Got the Amex preferred Gold credit card. Am I right in that it funcitons like any other credit card: JANUARY - spend some money FEBRUARY - get a bill MARCH - they take the money for the bill Also, when setting up to pay it off, I am confronted with three options: * Minimium * Statement Balance * Total Balance I don't want…
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Is a balance transfer card worthwhile?
Hi all, Atm I have an RBS credit card with an apr of 10.5%, I don’t often use use it, maybe for the odd larger purchase etc and I make sure I always pay above the minimum every month. From what I am aware 10.5% is quite a good rate so I wouldn’t want to do away with this card altogether, the balance currently is around…
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BT now or wait until closer to end of current 0% period
Hi, my current 0% interest balance transfer period with Sainsbury's Bank is coming to an end in August 2024 (9 months) currently have a balance of £4345 and I'm unlikely to pay off in full before then. Been looking at other balance transfer options but it's a bit dry out there. Have already just opened a Tesco Bank credit…
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Credit card payment
Hi, I have a credit card with lloyds bank that had a balance transfer on it at 5.9% and then I had some purchases at 25.50%, when I’ve made payments it’s not been coming off the highest earning interest, is this right? I was under the impression that this is the way it should be, am I wrong? If not, is there anything that…
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Section 75 - bank asking for independent assessment
Hi all, After a bit of advice. Long story short: We purchased via credit card some flooring, and it was fitted by independent professional fitters. Once laid it was clear something was not right, and indeed the floor now creaks/moves up and down when walking on it. The fitters were able to prove to us that they laid this…
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Low balance write off
Noticed this on my tesco card lately, I guess someone realised the cost of a payment been made even by DD isnt worth it if the transaction is low enough, so I assume if a balance is small enough it just gets written off. In my case I had timed a 0% offer payments to end the same month the offer ended, and it seems £14…
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Missing funds from balance transfer
I initated a balance transfer from my Cahoot credit card to another credit card due to favourable rates for the sum of £2'500 on 31 August 2023 and the balance was taken immediately, two weeks later I noticed that the funds had not been transfered in to the alternative account. I chased this up contacting Cahoot and they…
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Amex application
Just an FYI for those considering applying (given the additional promotional rewards currently). As part of my plan to increase the diversity of my portfolio of rewards CC's I decided to take the plunge and apply for the Amex Preferred Rewards Gold CC (via friends referral) after eligibility checking on their own website…
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Can someone help me understand CC interest?
Hi everyone, I'm relatively new to credit cards and I'd like some help understanding how the interest payment works. Here's my numbers: August statement £0 September statement £171 due 16/10 I set up a DD to pay £5, so I manually paid £166 on 16/10. However I set up the DD too late so it didn't go out. Since my September…
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Cash on credit card by mistake
I took the wrong card out of my wallet yesterday and draw cash on my Nationwide credit instead of debit card. I'm stuck with a £3 fee, but is there a way to pay it off to stop the interest ticking up without paying the whole balance six weeks early?
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Can a credit card refuse to return funds if the account is in positive credit
In order to obtain some low cost funds I took out a new credit card with 0% transfer rate for 2 years. I then completed the transfer to a card with little balance putting the card into a positive balance. I have done this in the past several times over the last decade but not for a couple of years. Normally I have just…
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Second credit card
Is it better to apply for a credit card whilst already having one with a £0 balance or closing that account and then applying for a new one?
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Section 75 Settlement Offer
We had a bathroom fitted starting in 2021 and paid with credit card. The merchant messed us around but they finally finished the work in early 2022. By late 2022 defects started to show and we contacted them to fix things but they ignored us. I lodged a section 75 claim in December and (after much back and forth including…
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AMEX - 2 or more cards
Reading some info about AMEX on HfP, it seems that multiple cards with them (from differing categories) is allowed, however, has anyone successfully applied for 2 at the same time (one after the other on same day). I'm looking to make use of the additional membership rewards and £70 cashback via TopCashback for the…
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AQUA Fraud - Account locked incorrectly.
Hello, Strange one here, been with aqua around 3 years now, (and had a fluid account that I have closed) had a good experience usually and recently Balance transferred away from them. I still use it, and since then I am having been currently sitting with a positive balance on my Aqua card, of around £1000. Yesterday I went…
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Is this the latest rip-off when using credit cards abroad?
I
have always been aware of the Dynamic
Currency Conversion (DCC) rip-off when using my credit card abroad. i.e. always select/ ask to pay in the local
currency, therefor avoiding their terrible currency exchange rate and loading
fees. However, with the increasing use of “tap and pay” over “chip
and pin”, simply asking to…
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Alert of Hellofresh scam
FYI I was scammed. I have a Lloyds Credit Card. Hellofresh took money on 20/09/23 in two transactions, and again on the 27th in two transactions, nearly doubling the amount. I've contacted Fraud and am getting a new card and a refund.
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Tesco Bank Credit Card
Evening all Anybody have any previous experiences of Tesco giving 0 per cent offers after the end of the initial promotion period. My initial promotion runs out today and whilst the card is cleared completely, I have a fairly expensive purchase to fund within the next 2-3 months. I have the funds in savings to cover what I…
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Halifax Clarity vs Nationwide Member Credit card
Hi all, I know this has been asked before but I can't see anything specific or recent about it so I thought I would ask. What is the current thinking on which of these Credit Cards is better to keep for holidays (+ occasional spending to keep it active)? I have another credit card for day to day spending and also have a…
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Bad credit history due to a company advising me to let an account go unpaid!
Hi, so this is an unusual situation. Last year I was diagnosed with terminal cancer and set about closing all my credit card accounts due to being on end of life care. It was around December last year to March when I dealt with several companies and getting my accounts in order. All bar one company were very sympathetic…
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: Lloyds 0% overdraft by pecunianonolet
29 September at 8:42PM
