Best credit card for repaying in full monthly with generous credit limit?

vmp

Hi,

I wondered if anyone could suggest a good credit card for which I'd like repay the balance in full monthly.

My requirements are:

1. Good credit limit - perhaps £5K or so. What's the highest I could get (I have a good, if a little bland, credit history)?
2. Easy online payment. Ideally I'd like to pay it off each month with a BACS transfer. Is this possible? Alternatively, I'd like to pay it off with my debit card. I don't really want to set up a direct debit, as I like to do everything manually. I definitely don't want to have to send a cheque in to pay the balance.
3. Comprehensive online service. Would an Egg card be good for this?
4. Good, reputable provider - the larger the better

Many thanks in advance!

Volcane

I'd go with MBNA (or one there backed cards like Virgin) if trying to meet the above criteria.

Bank of Scotland also recently gave me a good credit limit.

never-in-doubt

Do you have a credit card at the moment? If not then you'll struggle to get a 5 grand starter card. If you do, then what is your highest limit and what is the provider?

TBH its always best to start with your own bank as they have 'history' on you and the way you handle finance.

Innocent_Guy

vmp wrote: »

Hi,

I wondered if anyone could suggest a good credit card for which I'd like repay the balance in full monthly.

My requirements are:

1. Good credit limit - perhaps £5K or so. What's the highest I could get (I have a good, if a little bland, credit history)?
2. Easy online payment. Ideally I'd like to pay it off each month with a BACS transfer. Is this possible? Alternatively, I'd like to pay it off with my debit card. I don't really want to set up a direct debit, as I like to do everything manually. I definitely don't want to have to send a cheque in to pay the balance.
3. Comprehensive online service. Would an Egg card be good for this?
4. Good, reputable provider - the larger the better

Many thanks in advance!

All cards issue by MBNA - Virgin is one of the best at the moment and would fufill all or most of our requirements.

never-in-doubt

Volcane wrote: »

I'd go with MBNA (or one there backed cards like Virgin) if trying to meet the above criteria.

Bank of Scotland also recently gave me a good credit limit.

Mate MBNA/Virgin are one of the hardest to get accepted for right now! The answers would depend on variosu factors and if the OP has no credit then these would NOT be the best cards to apply for as he'd get rejected.

I want a Virgin card and have two gold ones but cannot get virgin for the life of me...... goes to show different lenders assess things differently.

never-in-doubt

Innocent_Guy wrote: »

All cards issue by MBNA - Virgin is one of the best at the moment and would fufill all or most of our requirements.

see post #5

vmp

Wow, thanks for such quick replies everyone!

never-in-doubt wrote: »

Do you have a credit card at the moment? If not then you'll struggle to get a 5 grand starter card. If you do, then what is your highest limit and what is the provider?

TBH its always best to start with your own bank as they have 'history' on you and the way you handle finance.

Yes, i do have a credit card at the moment which is with my bank. I have about a £4K credit limit on that.

The reason I want another one is because for some reason I can't link it with my online banking account, so always have to pay the balance by cheque. As well as that, I'd just like a second one as well, so to start getting a more comprehensive credit history.

Many thanks again!

never-in-doubt

vmp wrote: »

Wow, thanks for such quick replies everyone!



Yes, i do have a credit card at the moment which is with my bank. I have about a £4K credit limit on that.

The reason I want another one is because for some reason I can't link it with my online banking account, so always have to pay the balance by cheque. As well as that, I'd just like a second one as well, so to start getting a more comprehensive credit history.

Many thanks again!

Ok then yea, Virgin would be one of the best or Egg. Even Abbey Zero (due back soon I think)...... there are some good offers. See here:

http://www.moneysavingexpert.com/cards/

Innocent_Guy

never-in-doubt wrote: »

Ok then yea, Virgin would be one of the best or Egg. Even Abbey Zero (due back soon I think)...... there are some good offers. See here:

http://www.moneysavingexpert.com/cards/

Virgin

Stay clear of Abbey Zero! - Worst customer service ever!

Volcane

never-in-doubt wrote: »

Mate MBNA/Virgin are one of the hardest to get accepted for right now! The answers would depend on variosu factors and if the OP has no credit then these would NOT be the best cards to apply for as he'd get rejected.

I want a Virgin card and have two gold ones but cannot get virgin for the life of me...... goes to show different lenders assess things differently.

I didn't realise Virgin were tightening their belts that much.

I HAD heard Barclaycard are rejecting 7 out of 10 applications and also know A&L Loans (Santander) are rejecting 40% too so Virgin does not surprise me, although this is the first I'd heard somebody say.