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My Personal Finance Journey

Personal finance observation, musing and decisions in a journey toward financial independence by 36 with at least $1 million.

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Credit Cards & UK Credit Card deals

 

Below you can find a selection of Credit Cards which you can apply for online. These include UK Credit card deals and business cards. There are a number of 0% APR offers from different companies.

You may want to consider the following in particular whan you apply for a credit card:
Balance Transfer Rate and Purchase credit card rate.

These rates are often set very low for short periods of time (normally 6-9 months) which varies from card to card. You should be carefull to ensure you know when any credit card offer expires as the rate may jump to a rate that is too high for you. Companies often describe these offers as Low Interest Credit Cards as they do offer some very low initial rates which many take advantage of by swapping balances from card to card, following the low rate. This can be very effective if you are organised with it. If you do this you may be able to put an effective pause on interest for your credit card debt.

If you are having trouble obtaining a credit card for some reason including bad credit, you could try to obtain a secured credit card. To obtain this card type you would have to deposit cash into a savings account to act as security for your card. This enables you to have the ease of use of a credit card even when companies won't give you conventional unsecured credit.

Business users can also apply for credit card deals online. Business credit cards come with different offers than consumer based cards as a business user has different needs. Features can include, free additional cards for your employees, larger credit facilities depending on your business credit rating and other rating factors.

Some of the most popular credit card companies include Chase and Capital One and Discovery card

WHAT I READ

WSJ
CBS MarketWatch
CNN Money
NY Times: Business
SmartMoney
Kiplinger
Morningstar
The Motley Fool