What is the best credit card...

melwarner90

My husband and I have no debt and don't intend to get in any debt, but we would like to open and use a credit card to get rewards or cashback.

My question is, there are so many cards out there, and I have no idea which is the most rewarding! I need help to figure it out please!

Here is our situation:

- We would like a card each, but on the same account
- Hubby earns £21,588, I am a stay at home mum
- We are home owners
- We intend to pay the card off in full every month
- We spend at least £200 per month on petrol, £200 per month at supermarkets but not much on other retail

Would it be better to get a cashback or a rewards card? Can anyone recommend a card that would give us the best rewards?

Thanks so much!!!!!

BugsyBrowne

Without debt means poor credit rating so your chances of a reward card or cashback are nill.

Try your bank they may help!!

exel1966

Having no debt doesn't make a poor credit rating, quite the opposite.

Having no line of available credit can hinder your rating. The OP has given no indication of finance i.e credit accounts, cards, mortgages etc.

OP, what's your current status with regard to loans, finance, credit, cards etc?

Plxply

Aqua Rewards Card, the APR is high but as you're paying it off every month in full it shouldn't matter. Plus you're likely to be accepted as they take people with no/poor credit rating. Although I assume you have a mortgage? Which does show on your credit file.

http://www.aquacard.co.uk/credit-cards/reward-card

Bravehearted_2

Dude I like the direct apporach but there you go with that bull5h1t again.

You've said it in a way she wont get it.

Without debt doesn't mean poor credit rating - it MAY mean thin credit HISTORY (which is what you want to say).

And not necessarily in all cases. You can use credit facilities thoroughly well and have a nil balance month end.

melwarner90

Hi,

Thanks for your replies.

We have a mortgage with the Halifax and the credit check on that was came out as a B. This was recent as well (last month). My husband has a student loan that he will start repaying each month next tax year. Other than that we don't have (and have never had) any credit cards, store cards or any other loans apart from the student loan.

Does that help?

BugsyBrowne

exel1966 wrote: »

Having no debt doesn't make a poor credit rating, quite the opposite.

Having no line of available credit can hinder your rating. The OP has given no indication of finance i.e credit accounts, cards, mortgages etc.

OP, what's your current status with regard to loans, finance, credit, cards etc?

What I was saying is without credit history and having some sort of debt before it would of been hard to build up a credit rating!!!
Hence the reason for my reply To the OP which I was going to explain more on my post but needed a sh*t.

SCO

melwarner90 wrote: »

Hi,

Thanks for your replies.

We have a mortgage with the Halifax and the credit check on that was came out as a B. This was recent as well (last month). My husband has a student loan that he will start repaying each month next tax year. Other than that we don't have (and have never had) any credit cards, store cards or any other loans apart from the student loan.

Does that help?

Your mortgage will report to th CRA's, Do you bank with the halifax?

If you bank with them try for the Clarity rewards card gives £5 per month as long as you spend £300 per month.

Your husbands student loan does not report to the CRA's, so will not help you in this case.

Failing the Clarity as somone said above the vanquis cashback would be your best option with a limited credit history.