Tesco current account

Pay_me

badger09 wrote: »

Halifax don't make it easy to find:mad:

However, I've had one since September last year. Its basically a Clarity Card and if you fulfil the Rewards T&C, which I do:), they credit the statement with £5 each month

Here's Martin's link to it.

http://www.moneysavingexpert.com/credit-cards/best-credit-card-rewards#halifax

This is all I can find on Halifax website - scroll down to 11
http://www.halifax.co.uk/creditcards/help-guidance/terms-and-conditions/clarity-card/?srnum=1

I played safe and paid at least £1000 (instead of the minimum £750) into my Halifax Rewards current account for about 3 months before applying for the credit card. It worked fine for me and they gave me a limit of £4k as opposed to my request for £2500.

I use it a lot abroad and the exchange rate is reasonable. The £5 a month on a spend of just over £300 is a nice bonus:)

Good luck

I found their t&c's last night it would have been nice if they included an 'OR' between the a,b and c in condition 11.2.

I want the card for holidays I go away a few times each year and always end up paying debit card and/or credit card fees so the Clarity looks like it will save a few quid each trip.

For me I would only want a limit of around £500 I'd easily spend the required £300 each month on it. My petrol bill is £200 per month on its own and on the weeks I go away It will be easy enough to clear the balance beforehand.

YorkshireBoy

Pay_me wrote: »

I found their t&c's last night it would have been nice if they included an 'OR' between the a,b and c in condition 11.2.

I want the card for holidays I go away a few times each year and always end up paying debit card and/or credit card fees so the Clarity looks like it will save a few quid each trip.

For me I would only want a limit of around £500 I'd easily spend the required £300 each month on it. My petrol bill is £200 per month on its own and on the weeks I go away It will be easy enough to clear the balance beforehand.

£500 would be too low for (at least) a couple of reasons...

1. You'd only have a £250 cash limit, and
2. It isn' t big enough for 2 months spending of £300 a month without clearing manually mid way through the month

Pay_me

YorkshireBoy wrote: »

£500 would be too low for (at least) a couple of reasons...

1. You'd only have a £250 cash limit, and
2. It isn' t big enough for 2 months spending of £300 a month without clearing manually mid way through the month

Possibly, £750 would be more useful but taking in to account how many weeks abroad I have each year (in a good year up to 8 on average up to 4). I have never withdrawn cash abroad I usually get stung by the transaction fee when using the card though having no charge (other than the interest) to withdraw cash is a nice bonus.

Clearing mid-month shouldn't be an issue as the money is in my bank before the spending occurs. In the UK I think the card will be relegated to my petrol card, my petrol bill is about £200 per month and i'll just top that up to the £300 with a monthly spend I always do (i.e. weekly shop) (I'd be foolish not to claim the £5 reward each month). Plus I could clear any balance on it before I go away.

I'm just thinking that for a card without any 0% purchase or balance transfer offers and really I'm looking at it for a holiday card the lower the credit limit the better.

badger09

Is there any reason you particularly want a low credit limit?

I'm very unlikely to spend over £1k on mine on holiday, and I use an Amex cashback for most of my UK spending. Just because I could spend up to £4k, doesn't mean I have to;)

Pay_me

badger09 wrote: »

Is there any reason you particularly want a low credit limit?

I'm very unlikely to spend over £1k on mine on holiday, and I use an Amex cashback for most of my UK spending. Just because I could spend up to £4k, doesn't mean I have to;)

Very true my other credit card has a limit of about £6K I have never gone anywhere near that.

No reason for a lower limit other than the main purpose of the card would be to cover holiday spending.

I keep my CC and overall credit balances as low as possible as I am risk averse when it comes to debt. Other than a mortgage I have a self imposed debt level of no more than £700 outstanding at any one time though try to keep it below £500. The upper level is the level where if I just wanted to I could clear it in a single payment from my salary (be a crap month from a social and savings perspective but one month not going out wont hurt me).

Some times though I have to make a larger purchase on a card i.e. just had my boiler and other bits replaced (£1300) even though it is on 0% deal I have set my payments up to clear it in 3 months maximum. Like I say I don't like debt.