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Liverpool FC credit card from MBNA
krooboy
Posts: 3 Newbie
in Credit cards
Hi, I've never had a credit card before but have heard that it's good for your credit score in the future to have one and pay it back on time.
I also saw this offer for a Liverpool FC credit card which offers a free Liverpool shirt if you spend or transfer £200 in the first 90 days (the same period which has 0% on transfers and purchases).
I'm a bit confused about what 'transfers' means though. Can I just use the card to transfer money to another account of mine or a friend's account and transfer it back to my current account from there? Is this a decent deal or will I end up paying any fees?
I probably wouldn't be able to spend £200 on the card without splashing out, so interested in the transfers part.
My plan is to pay off the card from my account as soon as I get the bill each month until I get the shirt then pay off anything left and stop using the card. Is there a downside to this that I'm missing?
I can't post the link to the offer as a new user but if you go to the Liverpool FC website it is the shirt offer on the welcome page.
I also saw this offer for a Liverpool FC credit card which offers a free Liverpool shirt if you spend or transfer £200 in the first 90 days (the same period which has 0% on transfers and purchases).
I'm a bit confused about what 'transfers' means though. Can I just use the card to transfer money to another account of mine or a friend's account and transfer it back to my current account from there? Is this a decent deal or will I end up paying any fees?
I probably wouldn't be able to spend £200 on the card without splashing out, so interested in the transfers part.
My plan is to pay off the card from my account as soon as I get the bill each month until I get the shirt then pay off anything left and stop using the card. Is there a downside to this that I'm missing?
I can't post the link to the offer as a new user but if you go to the Liverpool FC website it is the shirt offer on the welcome page.
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Comments
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No. It means balance transfer, where you move debt from an existing card.0
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OK thanks, I realised that I can buy christmas presents early to make sure I spend £200 in 90 days, so I'll just use that way.
I've never had a credit card before though and don't know much about them, what do I need to watch out for to make sure I don't get charged anything?0 -
Clear the balance in full each month when you get the statement. Don't go over limit and don't take out cash.0
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There is better cards out there then this.0
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Better in what way? I won't be using the card after the 90 days is up0
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