Online credit card uk

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    Watch your credit utilisation ratio. This is the percentage of your total credit amount that you use up. Keeping your balance within those limits tells your provider that you're using your credit card responsibly and are not struggling financially. This helps your credit score and in turn improves your chances to get better deals on credit in the future. Ideally, you should avoid having a credit application refused, but a rejection can hurt your credit history.

    One way to make sure it doesn't happen is to try to meet all the lending criteria before applying. Check your credit score through a credit referencing agency. You can also use an eligibility checker tool to find the credit cards that are mostly likely to accept you. If you miss a repayment on your credit card, you're mostly likely going to be charged a penalty and lose any introductory benefits, such as an interest free offer. It will also go on your credit report as a negative mark and hurt your credit score.

    Once you establish a good record of making repayments on time, you can ask your provider to increase your credit limit. In many cases, some providers may offer to increase your limit as they see you as a responsible borrower. Keep in mind though that if you request an increase to your credit limit, in most cases the provider will carry out a hard credit check before it is approved.

    Life insurance Health insurance Critical illness cover Guides. Travel money Travel prepaid cards No foreign transaction fee credit cards Travel insurance Car hire excess insurance European breakdown cover Guides. Credit cards Compare credit cards What type are you looking for? Balance transfer Transfer your balance to a new card Get started. Purchases Spend now and pay back later Get started.

    Credit building Improve your credit score Get started. Most popular Cards chosen most by our users Get started. Looking for another type of credit card? What type of credit card are you looking for? See your chances of acceptance before you apply How this works.

    How we order our comparisons. Show me affilated products first. Update results. Balance transfers. Representative APR variable.

    The charge will depend on your current offer thereafter. Representative Example: The standard interest rate on purchases is The duration of the introductory offer may vary depending on your personal circumstances. Virgin Money Back offers cardholders the ability to earn cashback on their credit card spend at participating retailers when they are enrolled in the programme via the mobile app'.

    The APR is dependent on your personal circumstances. Barclaycard Platinum Balance Transfer 21 Mths. Offer ends 29 March Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site. How money. Last updated: 16 March, How do credit cards work? Our eligibility checker uses a 'soft search' credit check, so it will not affect your credit score What is the difference between a soft and hard credit check?

    What types of credit cards are there? Money transfer credit cards Money transfer cards are a way of moving cash from a credit card to your current or savings account.

    What are the benefits of using a credit card? Improving your credit score Having a credit card is one of the best ways to increase your credit score. Protecting yourself against fraud Section 75 of the Consumer Credit Act protects you from fraudulent charges. Extras Some of the best credit cards come with extra benefits, like travel insurance or airport lounge access. What are the disadvantages of choosing a credit card?

    What you should consider when you compare credit cards? This includes: Fees : These are the costs of having the credit card. Credit comes in many different shapes and sizes including mortgages, loans, overdrafts and credit cards.

    In most cases, you'll have to pay an agreed amount back every month with interest. Whatever credit you choose, it's important to keep up with your monthly repayments. A credit limit is the maximum amount that you can owe on a credit card.

    Your spending including balance transfers and cash withdrawals and any charges, interest or fees that are added must not exceed this credit limit. If it does, you may be charged an overlimit fee. QuickCheck is a free and easy-to-use tool to check your eligibility for a credit card before you apply. In order to apply for a credit card, you need to have a few bits of information to hand. This will include your addresses for the previous two years, details about your employment and income, and any other credit cards you have if you want to transfer your balance.

    From the date you are accepted it will take between working days before you will have your credit card. You can register to view your card and your Credit Card status online. Just follow this link. Our app is available on iOS and Android and you can download it from their respective app stores. Cash advance fees are not limited to cash withdrawals at cashpoints. Cash advance fees also apply to other transactions such as gambling websites, buying foreign currency at a bureau the change and cash withdrawals when abroad.

    This will take business days — so if you need your PIN in a hurry, the quickest way of getting a reminder is to install the app. Well, in short, almost anywhere. You can also withdraw cash but be aware that there are fees associated with doing so — be sure you understand these before going to a cash point.

    You can also call us. This is also a quick way to report your missing card. If your card number starts with or , call Lines open 9am to 7pm Monday to Friday and 9am to 2pm on Saturdays. Or log in to manage your online account here. If your card number starts with you can call us on There's a minimum amount you need to pay each month and we tell you what this is on your statement.

    You can repay more than this, up to the full balance - just make sure you pay at least the minimum. Paying only the minimum takes longer to pay off your balance and will cost you more money in the long run. Representative Example: Assuming a credit limit of £1, and an interest rate on purchases of When you apply for a credit card your credit score is used to see which cards you would be able to afford.

    The better your score the more choice you have of products and deals. For starters, to get a credit card from Capital One, you must be aged at least 18 and live in mainland UK that includes Northern Ireland too.

    Every time you make a credit card application a mark appears on your credit file. Making too many applications close together can harm your credit score. And if you get turned down for a card, it can become harder for you to get accepted by other lenders.

    Try QuickCheck. When you apply for a credit card there are a number of other things you may want to think about before taking the plunge. The first is pretty simple: Can you afford it? The APR of a credit card is a good way to compare a card with its competitors. All credit cards will charge you a fee if you are late with a payment, miss a payment or go over your credit limit. But you could also be charged fees for making cash-like transactions. For example, if you take out cash from a cash machine or buy foreign currency.

    To avoid these fees, you may want to think about using a debit card instead or getting a credit card designed for travelling abroad. If you want to get a credit card with an interest-free period make sure you know when that period ends. You can apply online any time you like and it just takes a few minutes. First go to QuickCheck, to check your eligibility.

    Online credit card uk

    These credit online are designed online make it more affordable to spend money overseas or online with international credit. Lines are open as usual on UK Bank Holidays. How do cash advance fees work? He's a specialist in credit-based products including business card personal loans, mortgages credit credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. We offer a card of payment methods to suit you.

    Compare credit cards

    In our credit cards comparison table , you can compare the full range of cards we cover on our site. What's in this guide? A summary Our customer satisfaction league table Frequently asked questions What "best" means: how we choose our top credit cards What is the best credit card? Other types of credit card and sought-after card features. Although there's an annual fee, it's waived in year one. It's a gold Amex OK, not enough said — a good credit card has to do more than just look the part — but it's certainly a card that raises a few eyebrows.

    The array of benefits the card offers is enormous. This could be Amex trying to keep customers on board after year one, because there's a decent chance cardholders will still be uncovering new benefits at 12 months in!

    Amex customer service is refreshingly good. When we put it to the test there was no waiting on hold and no being transferred from pillar to post.

    The app is better than many we've seen and gives you a good deal of control. Despite the network's recent "Shop small" campaign, if you're in the sticks and paying at a small independent merchant, Amex could well be off the table. To its credit, Amex is trying to fix this you could earn cashback on your spending at participating small businesses , but it's not going to change overnight. Carry a decent back-up option and it's not really a problem.

    Some of the card's perks take a bit of research and "activating" on your own part. It's all about getting cardholders engaged. That annual fee However you can use year one to try the card on for size, and to get an idea of the true value to you personally of all those perks, points and offers.

    Foreign usage charge EU 2. Representative example: When you spend £1, at a purchase rate of Vanquis Bank Chrome Credit Card. Up to 56 days Interest-free each billing period. Use it correctly, and you could improve your credit and get a credit limit increase in as little as five months and then further increases every five months after that.

    You could get approved even with bad credit. You could get a credit limit increase in as little as five months and then further increases every five months after that. Used responsibly, it can help improve your credit score. Like almost all UK credit cards, if you clear your full balance each month and don't withdraw cash or transfer money using the card, you can avoid interest altogether.

    As with most credit builders, there's no annual fee to worry about. You can manage your account in the Vanquis Bank App, which lets you request credit limit increases, check your balance, review transactions and manage direct debits. You can also set up text and email alerts to stay on top of things. This is a fairly basic card, so don't expect rewards or perks — it's all about getting your credit record back on track. Although Vanquis shows a commitment to reviewing your credit limit regularly, there's no evidence of a similar commitment to reviewing your interest rate.

    Because the card is aimed at people who don't have excellent credit, the interest rates aren't market-leading. So if you end up carrying a balance from month to month particularly if you regularly make just the minimum required repayment , the costs of running the card can mount up.

    Representative example: When you spend £ at a purchase rate of With no annual fee and a low reverting purchase rate, it can help keep the cost of your purchases down. Availability Available to new customers Min. Benefit from Visa Offers cashback rewards. Use this card for contactless payments, Apple pay, Google pay and Samsung Pay. Competitive balance transfer fee. Requires a minimum income of £ p. No foreign transaction fees on purchases.

    No cash withdrawal fees when you're abroad on any other card, this would be one of the worst things you could do.

    No annual fee. Cash advances at home or abroad don't benefit from interest-free days and "cash advances" includes buying foreign currency. No rewards. Balance transfer fee. Up to £ Intro cashback. With no annual fee, you can also keep your costs low, provided you pay off your balance in full each month. An expensive option if you carry a balance from month to month Intro offer is limited to £ You can also benefit from a generous intro points offer, and won't pay an annual fee.

    Earn Avios on all your spending, without paying an annual fee. Big spenders who clear their balance in full each month may get more from the Premium Plus card.

    Must hold permanent UK address for 3 years. No annual fee Relatively higher credit limits Available to those with limited credit history. Existing TSB student customers only No rewards or other incentives. Availability Available to existing customers Foreign usage charge EU 2. Santander All in One Credit Card. What is the best credit card available? Playing for keeps: The credit card sector's fight for customers Finder published a paper in November looking at how consumers have been changing their use of credit cards during the pandemic, and how the industry is tackling disruptors such as buy now, pay later schemes.

    Are reward point credit cards worth it? That means that, provided you choose the right card and use it carefully, you can earn reward points without paying interest.

    Can I get a credit card with bad credit? Possibly, yes. Although realistically some top cards will be off the table, there are plenty of card issuers that specialise in credit builder cards — which are specifically designed for those with a damaged or limited credit history. Which credit card gives the best travel rewards? Virgin Atlantic and American Express are frequently to be found battling it out at the top of frequent flyer comparison tables.

    Quality and price. Going the extra mile with rewards. We like credit cards that go the extra mile and treat you with nice little rewards, be it tickets for your favourite concert or extra supermarket loyalty points. Was this content helpful to you? Thank you for your feedback! Chris Lilly twitter linkedin. Compare prepaid business cards in the UK Learn more about how prepaid business cards can be used to spend money with any retailer that accepts debit or credit cards. Compare the best business credit cards of Saving time on expense reports and streamlining your cash flow are just a couple of the many perks you could enjoy with a business credit card.

    Best mortgage lenders UK: Find the best bank for a mortgage Discover the best bank for a mortgage in the UK using real customer reviews from our customer satisfaction survey. Types of bank accounts Should you get a current account, a savings account, or both? Best bank accounts Discover how to find the best bank account for your needs. Boots Boxing Day sales Score a bargain in the Boots Boxing Day sales and check out all the latest deals and discounts right here.

    Ask an Expert. Display Name. Your Email will not be published. Your Question You are about to post a question on finder.

    Your Question. Ask your question. How likely would you be to recommend finder to a friend or colleague? Very Unlikely Extremely Likely. What is your feedback about? By submitting your email, you're accepting our Terms and Conditions and Privacy Policy. Thank you for your feedback. View deals. Customers in our survey loved the cashback deals on offer. The oldest bank in UK has managed to keep its customer service standards high for centuries and offers a super-comprehensive range of cards.

    Credit card payment disputes. Of course, there are times when you just need to speak to someone. Some essential and automated services are available 24 hours a day, 7 days a week.

    Other specialist services are only available within set hours. Visit our contact us page for more details. We want you to find a product that's right for your circumstances, which is why we adhere to the Standards of Lending Practice, which are monitored and enforced by the Lending Standards Board.

    To find out more you can read the statement of responsibilities, which details what's expected of us, the lender and you the borrower. Lloyds Bank plc. Registered in England and Wales No. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number Existing credit card customers If you need information, or want to make a change to your Lloyds Bank credit card account, this is a good place to start.

    How to apply for a credit card

    Online credit card uk

    Find out how we can help. Last updated: 16 March, How do credit cards work? Or log in to manage your online account. Just remember that the best online card for card will give online a long enough interest free period for both balance credit and purchases. When credit make major financial decisions, consider getting independent financial card.

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    This is also a quick way to report your missing card. If your card number starts with or , call Lines open 9am to 7pm Monday to Friday and 9am to 2pm on Saturdays.

    Or log in to manage your online account here. If your card number starts with you can call us on Lines open 7am to 9pm Monday to Friday and 8am to 5pm on Saturdays and Sundays. Lines are open as usual on UK Bank Holidays.

    Out of hours you can use our automated self-serve options. Or log in to manage your online account. Mastercard® and the Mastercard Symbol are registered trademarks of Mastercard International Incorporated. Capital One® is a registered trademark of Capital One. Registered in England and Wales No. VAT Registration Number Skip to main content. Trending searches Where is my nearest branch? Other services. Coronavirus support:. Latest updates.

    Getting help. Branch hours. Home Credit Cards. Credit Cards There are tons of reasons to get a credit card, from spreading the cost of a purchase to rebuilding your credit rating. Check your eligibility.

    Classic Credit Card. Decision 60 second response. Check your eligibility Find out more. Existing customers. Existing customer support. What is credit? What is a credit limit? What is QuickCheck? What do I need to apply for a credit card? How long does it take to receive my card? Your PIN will arrive first and separately from your credit card. What happens when I have completed my application?

    How do I service my credit card? These credit cards are designed to make it more affordable to spend money overseas or online with international retailers. Currencies will usually be converted using the standard Mastercard rate or Visa rate. Halifax Clarity Credit Card Mastercard. Cashback credit cards reward you for spending in the form of pounds or credit on your account. Cards that are affiliated with a brand may offer a better earn-rate when you spend with that brand, and in some cases cards come with an introductory enhanced earn-rate for a specified period or an enhanced earn-rate once your spending has exceeded a specified threshold.

    Compare the best cashback credit cards. Up to £ Cashback cards are the best credit cards for big spenders who clear their balance in full every month and who prefer the flexibility and simplicity of cash rewards instead of point rewards will stand to benefit the most from this type of card. Frequent flyer credit cards let you earn frequent flyer points or air miles on everyday purchases, either directly or by transferring card reward points to your chosen airline loyalty programme.

    Understand and compare frequent flyer cards. British Airways American Express Card. Anyone who wants to maximise their frequent flyer points total to enjoy free flights and other benefits. Those who spend a lot on their credit card but also clear their balance in full each month stand to benefit the most.

    Naturally frequent flyer cards are the best credit cards for those who travel or plan to travel often. Understand and compare money transfer cards.

    If you want to clear a big overdraft or pay off a loan, a money transfer card could be a low-cost way to do so. Understand and compare student credit cards.

    Students who understand the responsibilities of debt and are looking for a little financial flexibility and to kickstart a healthy credit record. These cards are designed to serve multiple needs. Understand and compare all-round credit cards. As you might expect, all-rounders can be a good option for people in all sorts of circumstances, however, an all-rounder can be a bit of a jack of all trades and a master of none.

    Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Our independent survey of card customers was carried out in December Finder published a paper in November looking at how consumers have been changing their use of credit cards during the pandemic, and how the industry is tackling disruptors such as buy now, pay later schemes.

    Join Finder now to get this report immediately and many other free benefits, including exclusive tips and deals. It takes just a few seconds! All the content may be republished with a link to this page Press enquiries. If you think you would spend a lot on a credit card but would also clear your balance in full each month, then paying an annual fee might actually be worth it. Founded in , Finder has been comparing credit cards for more than 13 years. In addition to the features listed above, the best credit cards around can come with a whole host of other features and benefits.

    Perhaps you do all your shopping in one place and want your rewards from your favourite shop, in which case a store-affiliated card may be the way to go. We show offers we can track - that's not every product on the market Unless we've said otherwise, products are in no particular order.

    The terms "best", "top", "cheap" and variations of these aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Chris Lilly is a publisher at finder. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing.

    In his spare time Chris likes forcing his kids to exercise more. See how to transg. Earn Avios or cashback on all your business spending with this business Visa from challenger Capital on Tap. Learn more about how prepaid business cards can be used to spend money with any retailer that accepts debit or credit cards. Saving time on expense reports and streamlining your cash flow are just a couple of the many perks you could enjoy with a business credit card.

    Compare interest rates and check your eligibility today. Find out how to boost your Nectar points and then convert them to Avios points to splash on a summer getaway. Discover the best bank for a mortgage in the UK using real customer reviews from our customer satisfaction survey. Should you get a current account, a savings account, or both?

    What about joint accounts and premium accounts? This guide looks at the main types of bank accounts and what services they offer to help you figure out what you need exactly. Score a bargain in the Boots Boxing Day sales and check out all the latest deals and discounts right here. Click here to cancel reply. Optional, only if you want us to follow up with you. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.

    While we are independent, the offers that appear on this site are from companies from which finder. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us.

    Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Credit cards. Promoted picks by category Browse deals. Summary of the best cards Compare cards. Chris Lilly. Updated Feb 11, What changed? Learn more about how we fact check. Promoted for No fee. Promoted for All-rounder. Promoted for App management. How we chose these cards.

    In our credit cards comparison table , you can compare the full range of cards we cover on our site. What's in this guide?

    A summary Our customer satisfaction league table Frequently asked questions What "best" means: how we choose our top credit cards What is the best credit card? Other types of credit card and sought-after card features.

    Although there's an annual fee, it's waived in year one. It's a gold Amex OK, not enough said — a good credit card has to do more than just look the part — but it's certainly a card that raises a few eyebrows. The array of benefits the card offers is enormous. This could be Amex trying to keep customers on board after year one, because there's a decent chance cardholders will still be uncovering new benefits at 12 months in!

    Amex customer service is refreshingly good. When we put it to the test there was no waiting on hold and no being transferred from pillar to post. The app is better than many we've seen and gives you a good deal of control. Despite the network's recent "Shop small" campaign, if you're in the sticks and paying at a small independent merchant, Amex could well be off the table. To its credit, Amex is trying to fix this you could earn cashback on your spending at participating small businesses , but it's not going to change overnight.

    Carry a decent back-up option and it's not really a problem. Some of the card's perks take a bit of research and "activating" on your own part. It's all about getting cardholders engaged. That annual fee However you can use year one to try the card on for size, and to get an idea of the true value to you personally of all those perks, points and offers.

    The 6 Best UK Credit Cards For Beginners in 2020

    Cash advance fees are not limited to cash withdrawals at cashpoints. Cash advance fees also apply to other transactions such as gambling websites, buying foreign currency at a bureau the change and cash withdrawals when abroad.

    This will take business days — so if you need your PIN in a hurry, the quickest way of getting a reminder is to install the app. Well, in short, almost anywhere. You can also withdraw cash but be aware that there are fees associated with doing so — be sure you understand these before going to a cash point. You can also call us. This is also a quick way to report your missing card. If your card number starts with or , call Lines open 9am to 7pm Monday to Friday and 9am to 2pm on Saturdays.

    Or log in to manage your online account here. If your card number starts with you can call us on Lines open 7am to 9pm Monday to Friday and 8am to 5pm on Saturdays and Sundays. Lines are open as usual on UK Bank Holidays. Out of hours you can use our automated self-serve options.

    Or log in to manage your online account. Mastercard® and the Mastercard Symbol are registered trademarks of Mastercard International Incorporated. Capital One® is a registered trademark of Capital One. Registered in England and Wales No.

    VAT Registration Number Skip to main content. Trending searches Where is my nearest branch? Other services. Coronavirus support:. Latest updates. Getting help.

    Branch hours. Home Credit Cards. Credit Cards There are tons of reasons to get a credit card, from spreading the cost of a purchase to rebuilding your credit rating.

    Check your eligibility. Classic Credit Card. Decision 60 second response. Check your eligibility Find out more. Existing customers. Existing customer support. What is credit? What is a credit limit? You can then choose to pay off the balance straight away, or in monthly instalments. The longer you take to pay back the amount you have spent, the more interest you will have to pay and it could end up being very expensive.

    Some credit cards are good for making a big purchase. Others can help you reduce your debt and interest payments. And some give you cash back or reward points on your spending. To help you find the best credit cards for your needs which have the lowest rates, look at the comparison table above.

    The table shows you the different types of cards, from different providers. It also shows you their interest rates, so you can compare cards to make an informed decision. Our eligibility checker uses a 'soft search' credit check, so it will not affect your credit score. This type of credit check does not leave a mark on your credit report and doesn't affect your credit score. A hard credit check is carried out by a bank or provider when you submit an application.

    This is noted on your credit report to reflect that you have applied for credit. It's best to avoid applying for multiple cards at oncer, as too many marks on your credit report can mean that you are desperate for credit, which can imply that you are struggling financially.

    If you are not sure which card you will be approved for it is sensible to never apply for more than one at a time. There are lots of different types of cards to choose from in our comparison table. But which type is right for you? The period can be from a month up to more than two years, depending on the provider and what offers you can find. But you should be aware that some providers often charge a fee to transfer your balance, so finding the best deals is vital.

    Some balance transfer cards offer both balance transfers and purchases. This can be helpful for tracking how much you owe, so you can make sure you repay it in time. Just remember that the best credit card for you will give you a long enough interest free period for both balance transfers and purchases. Money transfer cards are a way of moving cash from a credit card to your current or savings account.

    These let you earn money back on your spending. Or, you could look at reward credit cards. With these you earn points when you spend, and these can be used for things like air miles, shopping vouchers or hotel vouchers.

    When you compare credit card offers, remember that these are one of the best cards for people who have a good credit history. There are lots of reasons why you might want to get a credit card, aside from the obvious one which is that they let you spend more money than you have. Having a credit card is one of the best ways to increase your credit score. As long as you use your credit card responsibly paying it off on time and not missing payments , your good behaviour will be recorded on your credit file.

    Section 75 of the Consumer Credit Act protects you from fraudulent charges. This could reduce your travel expenses in the long run. Some of the best credit cards come with extra benefits, like travel insurance or airport lounge access. When you do a comparison, bear these in mind. You may have to pay an annual fee for a card like this that comes with a range of benefits. For many, having access to credit tempts them into spending more than they can afford leading to a cycle of debt, where they are continuously trying to pay off the debt they'e racked up.

    Fees : These are the costs of having the credit card. There might be an annual fee which could cost hundreds of pounds , late payment fees, or over limit fees. So read the small print! Interest rates : This dictates how much interest you pay for borrowing. So, even with the best offers, interest rates are usually higher than with other forms of borrowing. Interest-free period : Many of the best credit cards have an interest-free period at the beginning.

    The interest-free period can be from a month to around two years, depending on what deals you can find. Rewards : Some of the top credit cards offer extra rewards. This could be cash back, air miles, or loyalty points. The more you spend on your card, the more you get.

    The best credit cards have low interest rates, long interest-free periods and low fees. Though, that's not always the case. Many premium credit cards charge high annual fees and high APRs, but offer rewards and services that make it worth it. Credit cards are useful tool when used responsibly and strategically. Here are some things to keep in mind when using one. Don't miss monthly payments : Missing payments is one of the worst offences when using a credit card. You're often charged a penalty, and it hurts your credit score.

    Avoid withdrawing cash : Withdrawing money from your credit card often comes with hefty fees. You'll also be charged interest on top of that. It's best to avoid cash advances unless it's urgent. Payoff your balance in full : Unless you've got interest free credit card, it's usually best to pay off your balance in full every month.

    It saves you from being charged interest, and you don't accumulate debt. It also goes a long way in improving your credit score. Avoid too many applications : Applying for credit too often can hurt your credit score. That's because each time you apply, it leaves a mark on your credit file. It'll make lenders think you're desperate for credit and thus they'll be less likely accept you.

    Be careful when overseas : Many credit cards charge foreign transaction fees when you use them abroad. Make sure you have a card that doesn't charge you these fees when you travel.

    Be smart about rewards cards : Rewards cards can be tempting at first glance, but can prove expensive. Pick rewards that you actually use regularly and that they outweigh the annual fees that rewards cards usually charge.

    Watch your credit utilisation ratio. This is the percentage of your total credit amount that you use up. Keeping your balance within those limits tells your provider that you're using your credit card responsibly and are not struggling financially.

    This helps your credit score and in turn improves your chances to get better deals on credit in the future. Ideally, you should avoid having a credit application refused, but a rejection can hurt your credit history.

    One way to make sure it doesn't happen is to try to meet all the lending criteria before applying. Check your credit score through a credit referencing agency.

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