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Need some help picking the best account for me..

Hey guys!

I'm an online seller, What I do is buy stuff and resell it, the customer essentially pays for it + a bit for me, profit (EG - Website #1 sells camera for £700, I sell camera to customer for £780 and make £80) It's called dropshipping, but that's a different story.

I've already got a Halifax Current Account (Just the basic one they give you when you're 16) and a Barclays Student Account (I never use this, I just can't be bothered to close it yet)

I used to pay the money into my normal Halifax account and pay the shipper with the same account, but that really messed up my bank account (I'm really really organised, and seeing stuff like "Balance £790 - Available Balance £30) really messed with my head.

Basically, What I want to do is use a new credit account for all my online business, and at the end of every month transfer whatever is in the credit account into my debit (halifax) account.

What cards do you suggest?

(About me, I'm 21, living at home and a student)

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,383 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    chrisuren wrote: »
    Basically, What I want to do is use a new credit account for all my online business, and at the end of every month transfer whatever is in the credit account into my debit (halifax) account.

    I think you mean transfer funds from your debit account to your credit card. Unless you're actually thinking of a BT?

    Technically any card will do, though with a limited credit history, you're probably best looking at your own bank and the likes of aqua.

    But you should consider (and take advice on) whether you need new business current accounts and a specific business card. Some consumer cards may prohibit business transactions and in any case, it will make it much easier for you to sort out and pay your tax bill each year.
  • Hi there,

    Do you dropship using wholesale dropshipping websites. I'm a newly registered ebay member looking for Dropshipping websites that sells Genuine products at a reasonable price.

    If you know any,could you please help me ???
  • sharpy2010
    sharpy2010 Posts: 2,471 Forumite
    Hi there,

    Do you dropship using wholesale dropshipping websites. I'm a newly registered ebay member looking for Dropshipping websites that sells Genuine products at a reasonable price.

    If you know any,could you please help me ???

    Hahahahahahahah! What you've asked, written in another way, is "Hi, can you give me some of your profits?".

    Don't expect ANYONE to give you this info. You need to find it out for yourself.
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