We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Credit Card Purchase Questions

Hi All

Am looking for short term loan via credit card which allows for long term 0% on purchases. If purpose of use is to make online payments is this classed within purchases ie not deemed cash advance? Also when i am ready to pay it back, take it can pay full amount back and if so will this boost credit rating by doing this?

Sorry if simple question just this is first time getting a credit card in over 8 years so just want to make sure as am looking at the 16 month Amex (if i can get it)

Comments

  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
    Jay_C wrote: »
    Hi All

    Am looking for short term loan via credit card which allows for long term 0% on purchases. If purpose of use is to make online payments is this classed within purchases ie not deemed cash advance? Also when i am ready to pay it back, take it can pay full amount back and if so will this boost credit rating by doing this?

    Sorry if simple question just this is first time getting a credit card in over 8 years so just want to make sure as am looking at the 16 month Amex (if i can get it)

    You won't get a 0% card if your last credit card history was 8 years ago.
  • Jay_C
    Jay_C Posts: 169 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    You won't get a 0% card if your last credit card history was 8 years ago.


    ok so no 0% on purchases is a no go, is it even worth applying for? on noddle it says 8/10 likelihood

    any ideas what to do?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.