Time for a new CC?

Mimi_Arc_en_ciel

I have a Natwest credit card - was 0% for 18 months.

The 0% ran out and I've continued to use the card for normal everyday spends - paying the balance off every month.

At the moment I get a "points" reward from natwest which is 1 point per £1 (Cards also linked to quidco for in store cash back etc..)

But I'm wondering whether there is a "better" card out there for me. I initially took the Natwest one because it had the long APR and I wanted to boost my credit score up

Any ideas?

Thanks!

InsideInsurance

The question is how much do you value 1pt to be? Once you know that you can compare it to a cashback card or other point/airmile based option

Mimi_Arc_en_ciel

Probably v. Low to be honest you need 2000 points for a £10 voucher ....

InsideInsurance

So 0.5p

You could get an AmEx credit card which gives you stepped cashback up to 1.25% return or if you will be spending enough then get one of the fixed 1.25% with an annual fee.

Outside of that there are plenty of other reward cards either with a fee and higher rewards or fee free and lower rewards. All depends if you value cashback, airmiles, clubcard points or what

giblet10

Pretty much anything is better than NatWest in terms of points.

Do you want points or simple cash back?

Myself, I collect Avios so the TSB or Lloyds cards are quite good. Amex is very good but I'm blacklisted for life with them sadly (due to a previous misdemeanour).

Mimi_Arc_en_ciel

Hmm i dont really know what i want... I just want the card to work for me if that makes sense....

I've no idea whats better, points or cash back - how do you decide?

This is the first CC i've had (It has an allowence of £1500 which i can clear monthly should i need to) but at most im spending around £600 (Food shopping, petrol mostly)

SuperAllyB

Mimi_Arc_en_ciel wrote: »

Hmm i dont really know what i want... I just want the card to work for me if that makes sense....

I've no idea whats better, points or cash back - how do you decide?

This is the first CC i've had (It has an allowence of £1500 which i can clear monthly should i need to) but at most im spending around £600 (Food shopping, petrol mostly)

Santander 123?

planteria

you can certainly get a better deal..
i use Amex Cashback as my main spending card, and find their CS to be excellent. you can get deals for going via cashback sites or you can be referred by an existing cardholder for a welcome bonus.
i currently use Barclaycard Cashback as a backup, but they are changing the deal on this.
you really need to look carefully at the cashback/points you could generate and work out the best deal for you. if you stay at Hilton hotels, or Marriott, for example, perhaps worth focusing on generating points to spend there?
or Nectar points? or Clubcard points?
main thing i would say is: choose 1 or 2 schemes and push them hard, rather than getting involved with several.

InsideInsurance

Mimi_Arc_en_ciel wrote: »

I've no idea whats better, points or cash back - how do you decide?

This is the first CC i've had (It has an allowence of £1500 which i can clear monthly should i need to) but at most im spending around £600 (Food shopping, petrol mostly)

It depends what you do in life. If you love travel and prefer to fly Business class then airmiles are great. If you totally hate travel and only go out the house once a year to visit a family member then they're useless.

Cashback is the simplest as its simply money that you can do whatever with. You can get better value with other things but youre limited on what you can use them on.

Personally I travel a lot and so additional airmiles are good for me hence having Amex cards

Mimi_Arc_en_ciel

InsideInsurance wrote: »

It depends what you do in life. If you love travel and prefer to fly Business class then airmiles are great. If you totally hate travel and only go out the house once a year to visit a family member then they're useless.

Cashback is the simplest as its simply money that you can do whatever with. You can get better value with other things but youre limited on what you can use them on.

Personally I travel a lot and so additional airmiles are good for me hence having Amex cards

I only travel for work once a year to be honest!

My life is made up of Work & Family :rotfl:

I think cash back / family rewards (days out?) would be better

Couldnt even tell you the last time Mr_Mi took me to a hotel for a night out..... :rotfl: