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Student credit card

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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!

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    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
    Dobbibill Posts: 4,191 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    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.
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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  • OP you won't use the cc or you will only use it to get section 75, which is it?
  • dm19
    dm19 Posts: 42 Forumite
    Eighth Anniversary 10 Posts
    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
    WillPS Posts: 5,103 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    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.
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