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I don't have any but please compete below.
Use it to buy petrol / trian tickets and get 3% cashback. #sensible
(7 - 14 thisses)
However I have nearly £13,000 of student loan debt.
No I didn't.
Deal with it.
about £600 overdrawn on my current account though (no interest, can pay it back out of savings whenever I want)
zero interest for 23 months.
buy everything (food, petrol etc) with it, pay it off in full each month. Earn loads of fucking cashback.
Hooray! I love capitalism.
Also: I owe HSBC about £300. Last bit of credit card debt that I started up in 2001. Could pay it all off in one go I guess, but I think I'd miss it if I did.Stick with the minimum 5% payment each month, let the nice chaps at HSBC have a bit of bonus interest.
to be paid back in maybe a few chunks, heading towards the bottom of my £350 current account (charges - minimal), but payday on Monday, and I'm waiting on being paid back a load of expenses.
everything goes on it really and then it gets paid off at he end of each month
shopping, petrol all goes on this.
not that I buy petrol any more as a full-time cyclist.
Make about £15 a month from them
but I just can't be fucked for 15 smackers a month.
Their customer service has been fine so far.
they've been fine.
Mind you, never really had a problem with HSBC either.
and their adverts are the pits.
are you questioning rory mcillroy's acting ability?
it's on a 0% interest thing for a couple of years. cheaper than a bank loan.
what do I win?
financial destitution? oh... that.
Make sure you remember when you opened it and then move it on to some other 0% credit card before it runs out.
I forgot and had one months load of interest before I moved it on to a different card. Bastards.
There's just under three grand on it. Keep paying bits off and then using it again. Not massively fussed about it. There's loads of great 0% deals about at the moment.
Just booked a (quite expensive) holiday because #yolo
How does it work?
Say you've got 18 months at 0%, can you just do whatever you want with it for the first 18 months and pay no interest as long as you pay it back before the 18 months are up? My Dad said it only applied to what you spent in the first month though. Dunno
As long as you pay it back in the 18th months you pay no interest.
...did anyone rack up anything massive? I knew three people that had circa £30k each on credit cards.
Once saw a couple with £312,000 unsecured debt between them. THREE HUNDRED AND TWELVE THOUSAND POUNDS. Plus mortgage and secured loans.
is it impossible to do this now?
but that wasn't on a 0% rate.
The interest ended up being more than I earned monthly....
Dark times. No more then £900 on one now but my mortgage is now a lot more than it should be....
Only live once though eh? Who wants a drink?
worst thing about it was she had nothing to show for it. It funded a lifestyle with no tangible output.
She consolidated etc. and is working towards paying it all off.
due to my addled, shirtless life of hedonism, I was over £2k down on credit cards and overdraft.
When I get paid this week I will be about £50 down
What an achievement that is. Who wants to touch me?
(I've not changed at all, I just get paid more now)
I genuinely think that's quite the achievement
but I work for a credit card company and it's been a week since I got paid, so they owe me for a week's work. I'm sure they'll pay up, they have an excellent record for paying on time.
I do have £18k or so of student debt to pay off if that wins me any points?
3 x NextBike hires.
Only used when I'm worried about being ripped off or on large ticket items. For example if I were to buy an ATP ticket I'd use my credit card because ATP.
haven't actually had a valid card for about four years now, cause it expired and i dunno which of my many addresses the replacement was sent to (security conscious, me). it was at about £800 when i started my degree, i've been slowly paying it down by £20 a month a since then.
What are the benefits? Sell it to me in layman terms.
Some of the rewards can be useful (nectar points etc.), but all the cashback will be phased out soon.
It's handy to have if you need to make an unexpected purchase: hotel room, change of flight, train ticket home. The fraud stuff used to be way better than using a bank card, but there's not much in it now.
maximum cc debt was probably around £2k a few years ago
I've got about £1k on my card and the 0% has just expired on it. Just taken out a new card with 0% on balance transfers and new purchases for 20 months.