What do you pay with your 0% CC

A_Frayed_Knot

Have just got myself a 0% credit card (the 1st) but problem is to know what to pay with it.

- scared by the comment - don't use it as cash as it will be expensive.

For starters, thinking about paying Road tax for the year - is this classed as ok. or classed as cash?

fred246

Road tax was abolished in 1937. I wouldn't bother paying it now, I think they will have forgotten if you still owe some.

A_Frayed_Knot

Smartie .... :rotfl::rotfl::rotfl:

vehicletax

foxtrotoscar_2

A_Frayed_Knot wrote: »

Smartie .... :rotfl::rotfl::rotfl:

vehicletax

...or vehicle excise duty perhaps?

bsms1147

Everything you can, even a 12p banana on its own.

kelpie35

I use mine for all my shopping and petrol as I get points with it.

I then clear it every month.

I think you pay more for your vehicle excise duty using a credit card.

msallen

I assume you mean 0% on spending card, not a 0% BT card?

If so then use it to "buy" anything, but not for cash cash withdrawals or pseudo cash withdrawals such as gambllng.

Jamiesmum

You can pay your bills and shop with it as you would your normal debit card, just don't withdraw cash with it from an ATM and watch out for things that charge you a % more for using a credit card online. These are usually clearly put though.

Ebe_Scrooge

As others have said, use it for everyday spending, just beware of things that impose a surcharge for using a credit card ( such as "car tax" ).


It's really important to make sure you pay at least the minimum amount every month, on time, without fail. If you miss a payment, then quite apart from damaging your credit file, the 0% promotional rate will be terminated and you'll be put straight on to their standard APR. A direct debit is the easiest way to make sure you never miss a payment.

chattychappy

Ebe_Scrooge wrote: »

It's really important to make sure you pay at least the minimum amount every month, on time, without fail.

In fact, it's better to pay £1 more than the minimum payment. That avoids a "minimum payment" market on the credit reference file for that month.

Ebe_Scrooge

chattychappy wrote: »

In fact, it's better to pay £1 more than the minimum payment. That avoids a "minimum payment" market on the credit reference file for that month.

That's a very good point - however, does this still apply with a 0% deal ? I'm not disputing what you said, just curious ?