credit card advice needed for non expert

therock585

I have been offered a credit cardby natwest (yourpoints mastercard) . The deal is 0% on purchases for first 15 months, 0% on balance transfers 15 months ( balance transfers must be made 3 months from account opening), double points for first months. Apr = 16.9 variable after 15 months . Is it a good deal? I simply got it too improve my credIt rating. I am looking to use around 50 pounds each month and pay off the full balance each month. Will I incur any chargesetc. Im new to all this.

YorkshireBoy

therock585 wrote: »

Is it a good deal? I simply got it too improve my credIt rating. I am looking to use around 50 pounds each month and pay off the full balance each month.

It will meet your requirements.

Will I incur any chargesetc.

Hopefully not, just don't breach the T&Cs. Above all...pay on time!

therock585

I read somewhere it costs £3 per month. Is that the case?

YorkshireBoy

therock585 wrote: »

I read somewhere it costs £3 per month. Is that the case?

I wouldn't think so, but the details are on their website. Take a look?

20aday

therock585 wrote: »

I read somewhere it costs £3 per month. Is that the case?

I've held a YourPoints MasterCard before and there was no £3 per month fee.

However I do believe Platinum MasterCard holders can join the YourPoints scheme if they pay a charge per month.

KxMx

Things like transactions in a foreign currency, cash advances and funding betting payments will generally incur charges, but for most other things if you pay off the balance in full and on time you'll be ok.

Always wise to have a through read of T&C's.