Which Card to choose? - Lloyds TSB

Noel

Hey everyone,

I have been advised by my bank to get a credit card for extra security during online transactions, but am not sure which to choose.

I have looked at the Which card is right for me? topic but am still unsure which would be most beneficial as upon following the chart it led me to the cashback/reward card but I'm not sure I spend enough to gain much from this. Although I do spend regularly (usually small amounts, ranging from a couple of quid to £50 - £70 max) but I would pay off my bill at the end of each month guarenteed.

Any advice please?

Moggles_2

I'm not sure I spend enough to gain much from this.

Why? There's no minimum spend. Any cashback is a bonus, however modest and, providing you settle the balance in full every month, you've absolutely nothing to lose.

I signed up with Morgan Stanley in 1998 (well before Ammex cards were widely accepted) and have used my card exclusively for retail purchases ever since.

You can manage your account online. MSDW also accepts payments by phone so if, perish the thought, you're poorly and your PC crashes, you can still settle the bill in the comfort of your own home, by taking advantage of the easy-to-use automated telephone system.There's a freefone number for this and for those occasions when you need to speak to a human being.

The cashback card pays 1% on all spending up to the first £2,000 a year and 0.5% after that. You'll be surprised how it all mounts up. (Makes you wonder what the other card companies are making!)

Btw, the introductory 2% cashback on the card means that it outperforms Amex Platinum for those spending less than £3,500 in the first year.

Perhaps, someone will be along soon to tell us about their experiences with Ammex cards. Egg is the other card you will want to consider.