Which Credit Cards can you be in credit with?

lucyok

Deleted_User wrote: »

Technically none. You run the risk of having your account closed/funds returned with any of them.

Having said that, some are more lenient than others, but there's no guarantees.

Why not simply clear the balance in full each month and avoid fees that way?

Thanks for your thoughts on this. I don't do that because I don't always want to be constantly in debt/the red, paying off is fine for some people, I don't want to be in debt in the first place.

lucyok

LuSiVe wrote: »

Any credit card, don't pay it into credit, just pay off in full when they ask you to. Simple.

Thanks but again, I don't want to be in debt...

lucyok

bengalknights wrote: »

MBNA definitly allow it as i have a credit balance that i spent down over couple months with them.

Thanks! That information was exactly what I was looking for, I'll take a look!

agrinnall

You're not in debt if you pay off the full balance every month. Have you thought about cutting up your credit card and using a debit card instead, as you really don't seem to have grasped the simplest concepts around credit card use,

[Deleted User]

lucyok wrote: »

Thanks but again, I don't want to be in debt...

I think you're misunderstanding what debt is.

DCFC79

lucyok wrote: »

Thanks for your thoughts on this. I don't do that because I don't always want to be constantly in debt/the red, paying off is fine for some people, I don't want to be in debt in the first place.

Use your debit card.

LuSiVe

lucyok wrote: »

Thanks but again, I don't want to be in debt...

So spend on the credit card then immediately pay that amount off *afterwards*. Then you get the benefits of a credit card and don't contravene the terms and conditions.

If you have the money to immediately pay it off you're not in debt in any case.

Vortigern

lucyok wrote: »

Thanks but again, I don't want to be in debt...

If you have £100 in your bank account, and owe £90 on your credit card, you are not in debt. Look at the wider picture.

Also, if you are paid monthly in arrears, why not pay for your shopping monthly in arrears? It's cashflow management, not debt.

guesswho2000

Shakin_Steve wrote: »

Thanks for that :T


Edit: Just to be pedantic, if you had a credit balance of, say, £400, and you made a purchase for £500............????

Only just seen this, so sorry for the late reply...but this should be fine, you only need £0.01 (or any amount, basically) of the purchase to be paid with credit for you to be covered, providing the value of the goods/services are £100-£30,000 inclusive!

nicholbb

guesswho2000: Thankis, you learn something new every day.

lucyok wrote: »

Thanks but again, I don't want to be in debt...

Do what is best for you.

I hate to tell you but you are constantly in debt. Fill up your car with petrol and you are in debt until you pay. Made a phone call? used water, gas or electricity today? You are likely in debt until you pay your bill.

When you use a debit card in a shop quite often it's a debt because they won't actually check your balance and take the cash, it's why some payments appears on statement a few days later.