Credit Card building - Explain to me like I'm 6

System

xDrone wrote: »

Just a quick question then, if I do this, will I ever get charged for this because I see these % fees, will that make a difference? Guessing APR doesn't matter if I always pay it back in full

Ta!

As long as you repay what is on that month's statement in full you pay nothing on the vast majority of cards. Look for a card that rewards spending either by cash back or airmiles or similar.

https://www.moneysavingexpert.com/credit-cards/cashback-credit-cards

https://www.moneysavingexpert.com/credit-cards/best-credit-card-rewards

sourcrates

Quote :

"Credit Card building - Explain to me like I'm 6"

Nasty men in suits give you this plastic card which allows you to buy lots of sweets and comics, the trouble is you buy too many sweets and comics and find you cant pay back what you have spent.

You then get more plastic cards, which you cant repay, so you get a loan, but you cant repay that either, so you get another loan to pay that one, but you have to use the cards to pay it with, but then your credit runs out...............and you are made Bankrupt, and that nice little house you saved so long for.........had to be sold to pay your creditors.

And that is why children, you should never have a credit card.