Student credit card

sultanoflondon

Hi all,

I am interested in getting a student credit card because I have heard that by virtue of having one, my credit score will improve. I don't need one, nor will I use it, I think. I would use my current account debit card for purchases and ATM withdrawals. I would only use the credit card for big purchases, to avail of Section 75 protection.

Would it be worth taking out a credit card simply to improve my credit score? Would my credit score improve at all, if I were to only use it occasionally?

Thank you!

[Deleted User]

You have no credit score, only credit history.

Getting a card and not using it is like not having a card at all.

Get one, use it regularly and clear in full each month.

Dobbibill

The idea is to create history to evidence you paying your commitments - not using it is not going to do this.

Only you will see the score so it makes no difference to a lender.

If you do get one, use it for regular purchases and pay off IN FULL on time, every month.

[Deleted User]

OP you won't use the cc or you will only use it to get section 75, which is it?

dm19

I have a student one and the only selling point is the "student" in the name. Get a normal card like aqua, which will at least have some advantages such as fee free abroad

WillPS

dm19 wrote: »

I have a student one and the only selling point is the "student" in the name. Get a normal card like aqua, which will at least have some advantages such as fee free abroad

Tend to have a much smaller APR though, not that it's a good idea to plan to ever need it.