Credit Cards

Check the total cost of your credit card here! Also, find the estimated time for pay off. Want to know your credit card cost? Find here!! Our credit card calculator is one of the easiest methods to find your credit card costs. With it, you can easily estimate the number of months you would take to pay off the balance at a certain monthly repayable amount. You just need to enter the card balance and card APR and you will get the value of monthly repayable amount. With the help of range slider, you can vary the monthly repayable amount to get the total repayable amount with interest and number of months required to pay off the debt. How does credit card interest work? – Things you must know! Well, credit card interest is a certain percentage of money charged monthly on your credit card balance. The card balance is […]

Read More

Many of you would be confused between choosing a personal loan or a credit card. Well, both are the tools to gain credit but still there is a vast difference between the two. By knowing the difference one can figure out which would be the most suitable bet. Personal loans Credit Cards You can borrow bigger amounts with loans. Anything that lies in the range of £1000 to £25,000 is allowed. With credit cards, you will be limited to a smaller borrowing amount of around £5000. A loan is about lending money for a fixed duration of time. If the time period of repayment varies then interest is charged for it. In this case, it is a revolving line of credit that can keep lending money until you use the card, only if you keep making repayments. In case of secured loans, you get money against an asset. With credit […]

Read More

If you want your credit card to push some cash into your debit card then it can be done easily. However, it may not be the most advisable practice. The reason being that your credit card providers consider pulling money as a cash advance and so, they do apply some heavy duty fees on such transactions. Unless it is an emergency, you should avoid opting for this method. A better way to transfer cash is to use money transfer cards. How to transfer money from credit cards to debit cards? You can do this through three simple ways: Doing it in person: This may need some time as you need to go to the bank or an ATM and withdraw money through your credit card. Then access your account through your account’s PIN and deposit the cash into it. Once the money is transferred into the account, it can be […]

Read More

Credit Card Fraud and Safety Measures Financial fraud is not a new thing. History is full of trickery and gambles. And plastic money is no exception to this. Your easiest method of money management can be easily cracked by thieves and fraudsters. Misuse of your card information and PIN details can actually cost you a fortune. Scams worth millions of pounds that have happened in the past suggest that safekeeping your card details and tracking the financial activity is a must for all tech savvy people. According to Financial Fraud Action, the year 2014 recorded a total of £479m of losses due to credit and debit card fraud in the UK. The biggest UK credit card fraud recorded till now has caused a loss of £17million over a period of seven years. The card holder is protected against such things by government regulations like section 75 of Customer Credit Act […]

Read More

What is the Need for Low APR Credit Cards? Those using credit cards must have an idea about APR. Annual Percentage Rate or APR is the rate of interest charged over the money you borrow. The interest is for a twelve month period and thus called an annual rate. Normally this rate lies between 15% and 40% and proves very heavy for the borrower. So, there is a facility for low APR credit cards which offer borrowing through the card with much lower interest. Low APR credit cards are different than standard credit cards. If standard card charges 20% as the annual rate, the low APR cards may fall down to 10% or even lower. Some of the providers of these cards also give benefits like reward points, initial interest free periods, balance transfer and purchases, commission free purchases and more. However, very few providers offer these cards in the […]

Read More

Is It Possible to Get A Credit Card Without any Credit History? You may consider yourself as highly responsible when it comes to finances. As you have never been found under debts, the credit card providers may be reluctant to offer you a card service. They get an impression that you are not borrowing money and so may not be the most suitable person for offering their services. As you have no borrowing history, it leads to a ‘thin credit report’. You score low on the credit report and so lose out on chances of getting the best credit cards. A thin credit report suggests that you have little to do with credits. You either have very few accounts or you are new to the credit card world. In all the scenarios, the chances of you getting the best credit card deals become really low. It also suggests that although […]

Read More
Compare Credit Cards
What type of credit card are you looking for?

Social