looking to get my first credit card advice needed

matttye

Paulaviki wrote: »

I really wish I'd never started down the route if credit cards. I feel like all I've done with my annual bonus for years is pay off credit card debt and I never manage to clear it because something crops up like car repairs and its just too easy to use the card!

If you are doing it just to build up a credit rating do not keep it to hand as you might find yourself using it. I would also try and have a low limit so it's not as easy to run up debt.

Of course you might be sensible and have self control.:p

I use mine for all spending throughout the month, apart from bills, and repay in full each month. I have earned £20+ cashback since January by doing this and it doesn't cost a penny in interest. :T