Reward credit cards usually reward cardholders with incentives, rebates and even cash back for purchases made with their cards. Users can get additional airline miles, cash-back rewards or discounts on merchandise for each pound spent. Rewards cards usually require a better-than-average credit rating. These cards are similar to cash-back cards in that users can accumulate [...]
Credit card cheques are similar to cheques issued on current accounts. These slips of paper allow you to make additional purchases on credit. They are a means of paying for something when you don’t have cash and you can’t use your card, and can be made out to shops, tradesmen and anyone else you might pay [...]
A student prepaid credit card works in much the same way as pay as you go mobile phones – you have to top them up with credit before you can use them. This is useful if your child is not particularly good at managing your money, as you can only spend as much as you [...]
Representative example: Your interest rate for purchases is 35.95% p.a with a representative 35.9% APR if you borrowed £1,200 and repaid it over 12 months.
