10 Ways to Compare Credit Cards That You Never Thought of Before
As well as hidden fees and charges, have you sat down and really thought about what you want a credit card for - how you will be using your credit card - and where you need to be saving the pennies - or making the pounds?
Credit Card Security: Just How Much do they Offer?
Credit card companies are constantly implementing new ways to cut down on credit card fraud and increase the security you have over your details and money.
Section 75: Are You Already Covered?
Section 75 holds credit card companies equally liable with the supplier if you ever buy something that's mis-sold, faulty, damaged, or doesn't turn up. But with credit card companies wooing new customers with the lure of 'extra' purchase cover, are you being sold something you already have?
How to Get FREE Access to Your Credit Report
In this credit card feature, find out how to get free access to your credit report online, free e-mail notifications if anything changes on your credit report - as well as free contact to the credit reference agencies customer service to make sure all the information on your credit report is correct.
A. The law says charges and interest must be clearly explained in credit product advertising. Comparing and choosing credit cards usually starts with looking at stated APR figures.
The APR is representation of the cost of credit for purchases only, and therefore does not include the cost – interest and fees – for transactions such as cash withdrawals, money transfers, cheques or balance transfers.
A. It’s worth taking time to find out what credit cards offer in terms of security against fraud. Chip and pin cards give good basic protection but there are extra measures you can take to stay secure - including some additional services offered by card is Read the full answer »
A. In this credit card faq we explore the different options available when deciding how much you need to pay back on your credit card each month.
While minimum monthly repayments are offered on all credit cards this is rarely a good option to take. The minimum amounts required are usually around 2% to 5% of the total balance outstanding, however, repaying just the minimum can dramatically lengthen the time it will take to pay back the debt due to the high accumulating interest charges.
Making just the minimum repayment required on your credit card can help for months when money is tight and financial priorities lie elsewhere. However, it is not a recommended option for long-term repayment of a credit card balance. Read the full answer »
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