Hi,
Just wondering what people have with credit cards nowadays. I'm 20 and i'm looking to get a credit card now, I've been working as an IT engineer for around 2 years now so I'm looking to get a credit card with a small limit only for times when I have big payments coming up (like this month for example I have a £300 MOT coming up) and I don't want to rely on my parents forever when I need to make big payments. I also want one for some credit rating as I know even just having one makes your CR go up, this will be good for when I get my loan next year, which should hopefully ( with paying it off successfully) will get my CR up nicely for when I'm looking at mortgages later on in life.
What kind of credit cards do you guys have, and what rates on them?
(I know alot of people despise CC's because obviously you can outrageously spend on them but I do consider myself quite controlled when it comes to spending money. I suppose the main reason I want one is for the CR)
Tom
Just wondering what people have with credit cards nowadays. I'm 20 and i'm looking to get a credit card now, I've been working as an IT engineer for around 2 years now so I'm looking to get a credit card with a small limit only for times when I have big payments coming up (like this month for example I have a £300 MOT coming up) and I don't want to rely on my parents forever when I need to make big payments. I also want one for some credit rating as I know even just having one makes your CR go up, this will be good for when I get my loan next year, which should hopefully ( with paying it off successfully) will get my CR up nicely for when I'm looking at mortgages later on in life.
What kind of credit cards do you guys have, and what rates on them?
(I know alot of people despise CC's because obviously you can outrageously spend on them but I do consider myself quite controlled when it comes to spending money. I suppose the main reason I want one is for the CR)
Tom