First credit card from bank?

BikingBud

CliveOfIndia said:

BikingBud said:

jbrassy said:

You might want to consider getting a card for those with bad credit history: https://www.moneysavingexpert.com/credit-cards/bad-credit-credit-cards/

If you get one of these and pay the balance off in full every month by direct debit, your credit history will improve. I was in a similar position to you a few years ago and got a Capital One card that pays 0.5% cashback (it no longer exists). However, I note that a lot of the best cards in the above article are supermarket credit cards which give you Clubcard or Nectar points. I would personally go with one of those because not only do you build your credit history, you also get free loyalty points for doing nothing. 

Doing nothing? - Apart from drawing you into purchasing only from their outlets and providing cheap and unfettered access to your data including all your spending habits, locations, type of expenditure, amounts, etc, etc, In exchange for a few measly points, not me thanks.
  

Of course the types of data you refer to are very valuable to a supermarket - why else do you think they offer points in the first place, and encourage you to sign up to the loyalty program by offering discounted prices?  But the worst that'll happen is that you get more advertising - if you suddenly start buying pet food, they'll send you leaflets about their pet insurance products, that kind of thing.

If you shop at Tesco anyway, why not get a few Clubcard points on the money you would be spending anyway.  Or if you normally shop at Sainsbury, you may as well grab a few Nectar points for nowt.

It's not like they'll do anything nefarious with your data, it's just so they can give you more targetted marketing junk.

Of course, there are many cards that give actual cashback rather than points, though arguably someone with a thin credit history may find it hard to be accepted for one of these straight away.

I do take your point, but for me personally I see no harm in loyalty programs.  Any unwanted emails get binned straight away, and snail-mail advertising goes straight in the recycling bin.

Yes entirely but there is always quid pro quo.

Snail mail junk mail gets saved and cross posted when I get postage paid response envelopes, just in case they are working late and fancy a pizza or need to get a gardener or window cleaner sorted, always happy to provide contacts

WillPS

jbrassy said:

You might want to consider getting a card for those with bad credit history: https://www.moneysavingexpert.com/credit-cards/bad-credit-credit-cards/

If you get one of these and pay the balance off in full every month by direct debit, your credit history will improve. I was in a similar position to you a few years ago and got a Capital One card that pays 0.5% cashback (it no longer exists). However, I note that a lot of the best cards in the above article are supermarket credit cards which give you Clubcard or Nectar points. I would personally go with one of those because not only do you build your credit history, you also get free loyalty points for doing nothing. 

Why? The OP does not have 'bad credit'.

They would earn far more on the Natwest/RBS Reward card they have already indicated an interest in, even in Asda, Sainsburys or Tesco!

jbrassy

WillPS said:

jbrassy said:

You might want to consider getting a card for those with bad credit history: https://www.moneysavingexpert.com/credit-cards/bad-credit-credit-cards/

If you get one of these and pay the balance off in full every month by direct debit, your credit history will improve. I was in a similar position to you a few years ago and got a Capital One card that pays 0.5% cashback (it no longer exists). However, I note that a lot of the best cards in the above article are supermarket credit cards which give you Clubcard or Nectar points. I would personally go with one of those because not only do you build your credit history, you also get free loyalty points for doing nothing. 

Why? The OP does not have 'bad credit'.

They would earn far more on the Natwest/RBS Reward card they have already indicated an interest in, even in Asda, Sainsburys or Tesco!

OK, I perhaps posted the wrong article and should have posted this one: https://www.moneysavingexpert.com/credit-cards/credit-builder/

Ultimately though, the two articles recommend the same cards. Credit builder cards are for people who have bad credit history or people who have little or no credit history (as the OP has indicated). I'm just presenting the potential options available.

[Deleted User]

jbrassy said:

WillPS said:

jbrassy said:

You might want to consider getting a card for those with bad credit history: https://www.moneysavingexpert.com/credit-cards/bad-credit-credit-cards/

If you get one of these and pay the balance off in full every month by direct debit, your credit history will improve. I was in a similar position to you a few years ago and got a Capital One card that pays 0.5% cashback (it no longer exists). However, I note that a lot of the best cards in the above article are supermarket credit cards which give you Clubcard or Nectar points. I would personally go with one of those because not only do you build your credit history, you also get free loyalty points for doing nothing. 

Why? The OP does not have 'bad credit'.

They would earn far more on the Natwest/RBS Reward card they have already indicated an interest in, even in Asda, Sainsburys or Tesco!

OK, I perhaps posted the wrong article and should have posted this one: https://www.moneysavingexpert.com/credit-cards/credit-builder/

Ultimately though, the two articles recommend the same cards. Credit builder cards are for people who have bad credit history or people who have little or no credit history (as the OP has indicated). I'm just presenting the potential options available.

Your own/main bank are your first port of call; they are the more likely to offer a credit card as they'll have internal data to make a judgement on.