Choice of credit card is driving me insane!

matt1234

Hi,

I posted a question yesterday about proving my salary, thanks for the responses on that. Having cleared that up, I now find myself disillusioned with the amount of credit cards available on the market!

I am mainly looking for a 0% or very low APR card for purchases (no BT needed). And I am also in need of a fairly large credit limit due to the nature of my business.

Given that I am only 21, have held one credit card for a year, have an ovedraft of £1500 all with Halifax and finally an experian credit score of 907...what sort of credit card should I be looking at?

Should I be looking for the better deals or would I be rejected due to my age etc?

Many Thanks :beer:

never-in-doubt

all providers are being choosy so try an average card such as Tesco / M&S / MBNA or the likes. Think you'll struggle to get Amex/Platinum / Best Rate cards at this stage....

The Experian score is meaningless so don't take notice of that or you'll become disillusioned when you keep getting declined - i.e. the Experian score is as accurate as my guess of how many inches the Eiffel tower is!

CannyJock

Current pick of the 0% purchase cards would be the Tesco Clubcard.

That's if you intend to repay the minimum and take advantage of the 0% for up to 12 months. Be aware that it's very easy to fill up a 0% purchase card.

If it's one that you intend to repay in full each month, why not go for a cashback card like the Egg Money card? It costs £1 a month and you get 1% cashback on all purchases up to a maximum of £ 200. So long as you spend more than £100 per month, your cashback will cover the fee and you could end up £188 in profit?

matt1234

Hi, after briefly going through about a 1000 websites, I've applied for the egg card and got accepted, so many thanks!