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Interest free credit card - advice needed

galcador
Posts: 1 Newbie
in Credit cards
Hi
I was hoping to soon move house and was thinking of getting a tesco 0% interest credit card to put all those big bills on. The idea was, as I have an offset mortgage, not paying off the card until the end of the year, thereby saving myself all the mortgage interest. Are there any major problems with this , such as would it affect my credit score ?
I was hoping to soon move house and was thinking of getting a tesco 0% interest credit card to put all those big bills on. The idea was, as I have an offset mortgage, not paying off the card until the end of the year, thereby saving myself all the mortgage interest. Are there any major problems with this , such as would it affect my credit score ?
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Comments
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Should be fine as long as you keep the account up to date.
Advice would be to set up a direct debit for the minimum payment when you open the account, and pay the first bill manually anyway. Trust me, you'll save yourself a world of griefCashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
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