UK Credit Card Top Tips

Follow these simple steps and avoid credit card hell

If you owe money on your card, transfer the balance outstanding to an interest free card. Then don't use it for spending - get another card for that.

Meanwhile slowly pay off the debt, maybe by setting up a simple standing order from your bank account.

Avoid using a card that charges an annual fee. It's very unlikely to be worth it. If you've already got one that charges this, tell them you're not prepared to pay it and they may let you off.

Avoid using the card to take out cash. It's very expensive. More

Set up a monthly direct debit mandate to pay off your card. This means you'll never forget to pay and won't be charged the high interest for late payments. You can set the direct debit to only pay the minimum card payment amount required. It's easy. Simply ask your card provider to send you their standard form.

Never ever ever use a store credit card or a logo type card. The interest charged is much too high. If you want it for status keep it handy to flash around but don't use it. More

Credit Card Guide

What is a credit card... The usual terms... How to apply for a creditcard

Interest and Credit Cards... Low interest credit cards... When does the interest charge start... How interest is calculated.. How to get interest-free credit... The APR and Credit Cards...

Introductory deals / special offers... Crad Introductory interest rates...

Card Purchase protection... Faulty goods... Anti fraud guarantees... Emergency cards / cash... CreditCard Protection... Stolen cards / Fraud... Internet crad fraud...

Reward schemes... Cashbacks... Cash withdrawals... Holidays and your card... Free Travel Insurance...

Never heard of the card issuer?...

Minimum payment amounts... Credit Card Statements... Annual Fee... Late Credit Card payments... Credit Limit...