I want a credit card

Ivrytwr3

Hi all,

For many years i have survived using only cash and a debit card. I think it is time to get into the modern world and have a CC. However, in the vein of MSE i want a card that will benefit me.

The CC will be used for all my online purchases and will be paid in full asap.

I have a nectar points account.

I like things that say "platinum account" "gold account" etc.... but not essential.

I'd like a CC that gives me a freebie incentive on my application being successful

I have never held a CC before.

Any ideas?

Ta all!

King_Of_Fools

I would say the two best ones at the moment are the Amex Nectar card for purchases at Nectar sponsors and the Tesco Mastercard for everywhere else.

Ivrytwr3

I have tesco points card too, what are the benefits of a tesco mastercard over other cards?

sicker

I would suggest Egg Money card, 1% back on all purchases and 4% interest on credit balances.

John

King_Of_Fools

Ivrytwr3 wrote:

I have tesco points card too, what are the benefits of a tesco mastercard over other cards?

You get 1 point for every £2 you spend on top of any clubcard points you already receive. This equates to 0.5% cashback if you use the points earnt for Tesco shopping or 2% if you use them for deals.

Unlike most other cashback cards (where you get your cahsback once per year) you get your Tesco points every 3 months. With the Amex Nectar card you get your points every month!

Ivrytwr3

one last question (i forgot to mention!) I do not want any charges, so with the Tesco master card will i incurr anything?

grumbler

Ivrytwr3 wrote:

...I do not want any charges

Any? :rolleyes:

with the Tesco master card will i incurr anything?

No, but only if you:

• make payments on time (use Direct Debit);
• don't go over your limit;
• don't withdraw cash;
• don't use the card abroad.

Summary box :

Fees

None.

Charges

0% interest balance transfers subject to a handling fee of 2% with a minimum of £2.00 and a maximum of £45.00. Cash advances subject to a handling fee of 2% with a minimum of £2.00; foreign exchange transactions subject to conversion fee of 2.75% (including purchase of foreign currency and travellers cheques)

Default charges

£20 if a cheque (payable to us) or direct debit cannot be paid; if you go over your credit limit; if you fail to pay on time; if we return a cheque unpaid.

Ivrytwr3

Thanks for that, yes i meant i do not want any charges if i stay within thei t & c's. I will apply today! (watch me get told to fook off now!)

Ivrytwr3

!!!!!!, just clicked to apply and it asks do i want a regular or finest card? I like the sound of the finest card, anyone know the difference between the 2 (apart from the salaray requirement and the CC picture looks prettier!!)

Ivrytwr3

!!!!!!, it's also asking about different types of protection (for a fee of course) Should i be taking any of these products out?

tattooed_lady

Ivrytwr3 wrote:

!!!!!!, just clicked to apply and it asks do i want a regular or finest card? I like the sound of the finest card, anyone know the difference between the 2 (apart from the salaray requirement and the CC picture looks prettier!!)

With the finest card you earn more clubcard points.