Credit Cards UK
Welcome to Credit Cards UK, the free information
and advice site for credit cards in the UK. We
pride ourselves on the expert knowledge and guidance
on a variety of different credit cards that are
currently available on today’s market. Credit
Cards UK is independent of any financial institution
so we are able to provide you, the consumer, with
unbiased opinions based on facts. We do not have
a product or service to sell so feel assured that
we at Credit Cards UK will try our utmost to find
you the best credit card deal available.
Credit cards are a form of loan and afford one
of the easiest ways of borrowing over a short
time period. You can use them in the UK or overseas
to buy goods and withdraw cash that you pay for
in full or in part at the end of the month.
When choosing your credit card the determining
factors you must consider are the interest rate
(APR), the interest-free period, charges (e.g.
annual fee and cash withdrawal fees), loyalty
rewards, and “free” services.
Those consumers who usually settle their bills
within the interest-free period should seek out
reward cards offering air miles, cash back and
other lifestyle benefits like travel and travel
accident insurance.
Alternatively, if you are the type of consumer
who carries over debt from one month to another
should choose a card that offers the lowest interest
rates and temporary interest free periods on all
purchases.
However, if you are someone who cannot stop themselves
from spending and, as a result, has outstanding
balances on their current credit card then we
advise you should choose a card that offers 0%
APR on balance transfers. By the time the concessionary
period has ended you could always transfer the
remaining balance to another credit card that
also charges 0% APR on all transfers.
The credit card issuer will usually stipulate
what minimum monthly payment is required but in
the majority of cases we have found it is either
£5 or 5% of the outstanding balance on your
account. Though, this does not stop you from clearing
the entire balance if you have the funds to do
so.
Credit Cards UK has helped thousands of people
by finding the credit card that suits their needs
best. Be it their introductory or standard interest
rates, payment arrangements or lifestyle benefits,
we can guide you to the right credit card for
your finances regardless of whether you live in
England, Wales, Scotland or Ireland.
We are Credit Cards UK and we are second to none
for providing the very latest and most detailed
information on credit cards.
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