credit card recommendations?

[Mogden]

yeah but i'd have to go through all of them seperately to see which charge a transfer charge
since you work for a card company, can you tell me if there's any catch with the co-operative card which i haven't spotted? it looks like it'd be ok.

Not bad as far as I can see. The only thing that is a bit different is that the APR seems to be based on the Bank of England base rate so if that goes up your standard APR will but if you're only using it for 0% BTs then it's okay. There's usually a clause saying that if you make late payments or go over your credit limit they will discontinue the special offer rate and stick you on the standard rate. I only looked briefly but I couldn't see this clause specifically. The only other thing might be that they'll pull the Capital One trick and stick you on a different card with less perks but I think Co-op are a bit more ethical than that.

Hope that helps. And for what it's worth you can make plenty of money from credit cards if you go about it the right way. To those who doubt, go and look up stoozing. Sometimes you can screw the big corporations!

 

[kea]

cheers folks
ok well the co-op is vaguely ethical AND it seems like a good deal, so i will apply for that one. thanks!

 

[milesy]

after not reading any of the thread at all, it's my advice to you, kea, that you shouldn't actually get a credit card



















<scarpers>

 

[Space Girl]

My mum got a virgin card which was offering 0% on balance transfers for 10 months, so she moved her debt to that card and then snapped it as if she used it she would end up paying back huge amounts of interest on any purchases made on it, she then got a sainsburys card which gave her 0% on all her purchases for 1 year.

Her debt has now been paid off on the virgin card and she is now easily paying back the sainsbury's card when she uses it

we got this info from the money saving expert on radio 2

 

[rorymac]

I have lots of credit cards because if something important has to be paid for then I fucking pay for it .. it varies as to which one is better or worse .. you have to keep switching them around anyway or you'll have to fucking cough up or lose your credit rating !
My current favourites are Egg .. I think you should get this one kea .. unless you said you already have it and Morgan Stanly .. they send very nice letters
Egg are very matter of fact .. online as you like .. luminous green card .. rude bastards soon to be sacked .. (MBNA)
I no longer do business with the Royal Bank of Scotland .. they have lost me for good. I hope Diane Stenhouse from Barclays is taking note .. I can't recommend Barclays currently I'm afraid. A ramshackle organisation ? I don't know anymore

 

[JTG]

I no longer do business with the Royal Bank of Scotland .. they have lost me for good.

Fucking right, cunts with crap customer service. I should know.

In fairness, it's not the fault of us 'service' delivery peeps, it's the organisation - system set up to be shite imho

 

[rorymac]

Hmmmmmm ;- /

Well I was made to feel as though I should be 'thankful' .. if you don't mind ! ..that the Royal Bank of Scotland noticed a sudden 'flurry of activity' on my aCCOUNT grrrrrrrrrr and fucking only halted the account while I was using the account to provide wages, food and clothing for the wonderful guys and gals at * A1 Conservatories LTD * .. those folks did a fucking brilliant job Scotland ..
We are perhaps a little spoiled in the UK but by god .. we pay folks their wages

 

[geminisnake]

Nat West are offering 0% on transfer balances and some freebies I think. There was an ad on last night.

 

[WasGeri]

Nat West are offering 0% on transfer balances and some freebies I think. There was an ad on last night.

What freebies? They didn't give me any!

 

[geminisnake]

Didn't really pay attention, it was the 0% transfer thing I noticed. If I hear the ad again I'll let you know (the tv is sometimes on but I'm generally gaming and listening rather than watching)

Saw the end of the ad and paid attention, it's 0% on balance transfers and purchases for 9 months and free airmiles.

 

[Juice Terry]

I just opened a Morgan Stanley card account, 0% for six months, they seem very good over the phone.

Closed my Virgin card down cos they started charging me interest after I forgot to make a payment.

RSPCA are doing 0% with no charges and they give £15 to the fluffy animals for you too.

 

[rosa]

"% on purchases and balance transfers for 6 months * This offer excludes balance transfers from other credit cards issued by The Co-operative Bank."

Eh? What's that all about? Are they allowed to do that? What kind of anti-ethical-banking fascism is this?

Kea:if you're getting a Co-op card,get an Amnesty one. it'll give you a lovely warm glow inside. (yeah,right,i'm overflowing with the milk of human kindness when i send off another chunk of my pitiful income towards paying off the balance every month... )

and as for all this 'get rid of your credit card,it'll change your life!' nonsense:clearly some people have never been in a shit job that pays £750 a month,had to pay half of that on rent,really struggled to make the other half last the month,then wondered what the fuck they're going to do when Christmas/their mum's 60th birthday/the £200 electricity bill arrives.

(is it comedic rage? is it real rage? i don't even know myself)

This thread is reminding me of what Marcus Brigstocke said about loan companies on Jack Dee: "Oh look,there's some people who are really struggling-let's rip the flesh off their bones and steal their house!"

 

[Yuwipi Woman]

and as for all this 'get rid of your credit card,it'll change your life!' nonsense:clearly some people have never been in a shit job that pays £750 a month,had to pay half of that on rent,really struggled to make the other half last the month,then wondered what the fuck they're going to do when Christmas/their mum's 60th birthday/the £200 electricity bill arrives.

You have no idea what you're talking about. I'm against credit cards because I've gone without heat and food and some years Christmas just didn't happen. You don't make that situation better because you've added a credit card payments on top of your other bills.

 

[rosa]

You have no idea what you're talking about.

Really? Bit strong,isn't it?

clearly SOME (ie not all) people....

maybe i didn't make myself clear enough,eh? Wasn't directed at anyone in particular. i've found having a credit card useful,i'm sorry you haven't. if you want to have a go at me for being feckless you'd be better off berating me for going to university and incurring a £13000 student loan debt that's never going to be paid off.

 

[Yuwipi Woman]

Dang! Can't even start an argument around here anymore!

I'm not being moralistic about your use of them Rosa. As I said before, I fell for their trap so I can't damn anyone else for using them.

Credit cards are just one of those buttons I have. I get called unamerican for my views of them. I also get called "trash" because I refuse to buy a new car, or swank clothes, or go on trips I can't afford.

Credit cards are evil and I'll be happy to be moralistic with regard to them. They exist purely to pull as much money away from people as they can. They also use that money to fund political campaigns that arn't in the best interests of the poor. Look at the new bankruptcy rules going into effect in the US. They were entirely written by the banking industry. It makes poor people poorer, both in terms of money and in terms of time lost from family because you're working all the time to pay them off. As long as they are making the rules people will continue to work shit jobs for shit pay.

And if I come off as bit of a crank, thats ok.

 

[rosa]

Credit cards are evil and I'll be happy to be moralistic with regard to them.

But what else am i going to use to chop out lines of coke?

[gets coat]

 

[kea]

Credit cards are evil and I'll be happy to be moralistic with regard to them.

and you're welcome to be, i agree with you. however, can you show me how your posts on this thread have anything constructive to do with the actual subject matter? surely, given that credit cards are evil, any way that people can find to avoid paying the companies running them any interest is a good thing, in that IT HELPS PEOPLE PAY THE CARDS OFF.
capice?

 

[rubbershoes]

<coming late to the party as ever>


I have a virgin one. I only buy stuff that i can afford and i get virgin airmiles on it. that's the reason i have it. I've got enough points for a couple of free flights to somewhere nice (Hong Kong, Shanghai, Antigua, Cape town - choices choices )

So i spend the same money on my shopping I would do anyway but end up with these free flights one day. As long as you have the approach that you only spend what you have then you're getting something for nothing. If you are late with a pyment or you don't pay off your balance then you end up paying Virgin and those airmiles end up costing a bomb. so i make sure i'm not late <insert smug smiley here>

there are loads of cards with 0% deals .if you are going to have the discipline to pay your balance off each month then why not choose your card on the perks it gives.

 

[Yuwipi Woman]

and you're welcome to be, i agree with you. however, can you show me how your posts on this thread have anything constructive to do with the actual subject matter? surely, given that credit cards are evil, any way that people can find to avoid paying the companies running them any interest is a good thing, in that IT HELPS PEOPLE PAY THE CARDS OFF.
capice?

As I said before:

I just think that having one in the house is too much temptation (for me at least). I always found myself using them even though I was trying to pay off the balance. I didn't make progress on it until I tore them up completely.

So getting another card may not be the best long-term solution if things continue to be charged on it. If you can pay it off without charging more on it--good on you. In any case, you're an adult and can make your own decisions.

I also put a link to a search engine to find one if you were determined to get one.

So read your own thread Kea.

<edited to add>
In any case, good luck with it.