12:35 15 April 2013
We are all used to those enticing introductory offers from credit card companies. For some of us it seems we are swamped daily with mailings from one outstanding card offer to the next. There are a few things that you should consider before signing up for one of these offers. Depending on your spending and shopping habits you may not want any of the credit cards UK offers.
A good general rule of thumb is if you’ll be able to pay the bill off when it comes, it’s okay to make the purchase. This is ironic given that most people use credit cards with their finances when their budget is exceeded. Those who have plenty of money, technically have no need for credit. Credit card companies, as a general rule, count on that because they get their money from the interest you’re being charged.
If you need to establish credit, or do want to have a card for emergencies here are a few credit card UK companies to consider:
If you’re able to get a better interest rate than your other credit card UK accounts, see if you can transfer your balance over to help with finances.
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