We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
should i get another card?
froggy27_2
Posts: 953 Forumite
in Credit cards
This may sound silly for most of you but i'm a newbie in cc. I only got one last year when i was 35 until then i always managed with my debit card. But now i'm a stay at home mum for the moment it has been helpful. But it's a barclaycard and the rate is SOOOO high about 19% i believe.. i owe about 500pounds up and down which i pay little bit every month but not regularly the same amount.. My question is should i get another card with a lower rate? knowing that i won't be paying off in full straight away.. and would i get another card without working? my credit rate is good .
thanks in advance for all your wise advice as usual.
thanks in advance for all your wise advice as usual.
A friend is a present which you give yourself (R.Stevenson)
Happiness seems made to be shared (Jean Racine)
Happiness seems made to be shared (Jean Racine)
0
Comments
-
You should be able to get a better rate - but probably not in your own name given that you are not working.
Could you ask your partner to open an account for you and then transfer the £500 ideally to a zero % offer.
That way you can hopefully pay the balance off much faster and avoid paying so much in interest.
R.Smile
, it makes people wonder what you have been up to.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards